Page 64 - Insurance

Raising FDI cap in insurance will spur growth: Irda

Says more players will come and existing players will be strengthened

Banks will discover the importance of SMEs: H R Khan

Insurers may see hike in stakes post budgetary proposal

Rs 3,000 crore fresh capital investment is likely to happen in sector over next two-three years, so far Rs 1,800 crore has already come in

ICICI to list insurance units when valuations optimum: Kochhar

In ICICI Bank's latest annual report, Kochhar had said that the bank's subsidiaries achieved healthy performance in fiscal 2014

IndiaFirst Life Insurance ties up with KVGB

IndiaFirst is present in Karnataka through 189 touch points with a network of 233 individual agents

Insurance Bill may be taken up in current session: FinMin

The move would help insurance firms to get the much needed capital from overseas partners

LIC hikes stake in Infosys, buys shares worth Rs 1,100 cr

Share purchase comes after LIC had earlier lowered stake in country's second largest software services firm

Budget fails to bring cheer to micro-insurers

Will require financial incentives for intermediaries, say life insurers

Insurance: FDI cap increase to allow investment by FIIs, NRIs

Sector will be able to raise Rs 8,000 cr if Insurance Bill passed

Insurance composite FDI cap raised to 49%: FM

DIPP had said that FIIs and NRIs can now invest in insurance sector, within overall 26% cap on FDI

Demand from NRIs for cover in India set to rise: General insurers

Estimates suggest that there is 20-25% rise in the business from the NRI segment, even though it contributes a small percentage to the overall business

Irda tightens norms on group insurance, immediate annuities

Discounts, loadings more than 30% of premium in group have to be refiled

Irda tightens norms on group insurance, immediate annuities

Discounts, loadings more than 30% of premium in group have to refiled

Ministry drops health rider for 49% FDI in insurance

Proposal caps voting rights at 26% and insists on local CEO and majority Indian directors

Govt proposes 49% FDI in insurance, caps voting rights to 26%

Proposal stipulates that the majority of company's directors should be Indian nationals

Limited liability might lead to third-party motor premium

Non-life insurers have sent a proposal to the ministry to consider a model of TP covers with fixed limits

Life insurers use specialised tools to manage persistency

Use analytics and persistency management systems to boost renewals

Fund managers write to PFRDA seeking viable margins for business

In January, PFRDA had said all existing private NPS fund managers and new players would have to take part in a re-application process

Foreign debt issuances drop in first half of 2014

Issue arrangers do not see this as a big drop as they are betting on the second half of 2014

Industrial accident claims soar

However, premiums continue to be soft