Page 68 - Insurance

Non-life insurers' wait for two-digit growth to get longer

General insurers end FY14 with 12% premium growth; first quarter motor premiums to be muted

Irda tightens rules for changes in shareholding in broking firms

Even a minor change in shareholding pattern will require approval; broker to submit fit & proper undertakings for the new shareholder

Irda to crack down on insurers' ranking-based ads

Companies have been advised to follow the code of conduct prescribed by the ASCI

ICICI Lombard PAT up 67% at Rs 511 cr

Company issued 11.2 mn policies in FY 2014, a growth of 21.7% over last year's 9.2 mn policies

Insurance regulator seeks expert to streamline processes

Irda has been taking a number of technology initiatives to focus on streamlining the regulatory process and decrease the cost of regulatory compliance

United India tops premium collection in Kerala

At the all-India level, New India Assurance Company was first crossing the Rs 14,300-crore mark in premium income

Future Generali's journey to survival

Conscious decision to prioritise bottom line over turnover

Bajaj Allianz General Insurance launches insurance cover for surgical treatments

Plan assures guaranteed benefit amount depending on surgical treatment graded based on costs and covers almost 600 surgeries

Irda, insurers launch awareness drive

Online insurance moves beyond plain vanilla products

Apart from products such as pure term, insurers are moving to newer types of web policies

Life insurance products rule online purchases: Study

Those who were young, had high income, were highly educated and internet-savvy displayed higher confidence on family protection levels

Irda forms working group for simple products in general insurance

Regulator said it was required to review the extant guidelines on F&U requirements for general insurance products

Liberty Videocon GI eyes Rs 250 cr premium this fiscal

While 70% of its premium last fiscal came from motor insurance segment, rest came from fire, engineering and health segments

Irda forms working group for simple products in general insurance

The authority said it was required to review the extant guidelines on F&U requirements for general insurance products

Growth is back in insurance sector, says Irda chief

Focus was back into the group policies in the life insurance segment, while traditional life products were showing good traction of late, he said

Insurance: New premiums not to be impacted by Jan diktat

Data by Irda showed that the life insurance sector saw a 6.3% drop in new business premiums for the FY13

Govt bond auction: Bonds bank on insurers to sail through

Offer fully subscribed; yields soften

Now, life insurers can file only 5 products a yr

To reduce time taken for product approvals, Irda has asked life insurers to submit a 'product planner' before the beginning of every financial year

Come July, all insurers may offer digitised insurance policies

About 110,000 policies are digitised but many customers are not aware of this process

'Private health insurers cover more people, lag in premium'

About 65% of people covered by health insurance across India fall under the ambit of private sector