Page 70 - Insurance

Tata AIA Life sees churn at top

The company is a joint- venture between Tata Sons and AIA International

'The trust deficit needs to be plugged at all cost'

ROUND TABLE: Insurance industry leaders talk about mis-selling, the banks-as-brokers model and whether the perception about the obsession with top line is correct

'Studying charges collected for group insurance'

Use-and-file regime still not insurers' favourite

Irda looks at options to stop discounts in group insurance premium

The regulator would also soon come up with a hospital registry

Irda warns customers against fraud calls

Some policyholders have received calls from people claiming to be from Irda, offering lucrative incentives

Non-life insurance premium rises 5% in February

National Insurance, New India Assurance, Oriental Insurance, United India Insurance saw their gross premium collection rise by 2.6% y-o-y in Feb

Insurers seek assistance for online policy buyers

Dedicated personnel would be appointed who will take care of all queries arising during an online purchase

Internet-influenced insurance sales to touch Rs 400k crore by 2020: Study

The study said traditional ways of selling insurance were becoming less sustainable

Insurers to offer products through specific channels

Insurance industry executives said the internet channel had also seen a change with respect to the product proposition and sale

Insurance sales through online channels to grow 20 times by 2020: study

The study was conducted jointly by BCG and Google India

Insurance firms launching mobile apps to woo customers

New India Assurance and Cholamandalam have already launched their mobile apps that enable customers to renew their policies or buy new ones

MP farmers file Rs 3,000 cr insurance claims

Heavy rains have put soyabean crop under losses in forty districts this khariff season

BCCI wants Rs 1,100-cr insurance cover for IPL-7

The Commonwealth Games held in 2010 were insured for Rs 200 cr

GIC sees double-digit growth in FY14

Growth likely to be around 14-16%

New India Assurance targets Rs 16,500-crore premium next year

Govt-run general insurer bets big on retail business

Awaiting final decision from IRDA: New India Assurance

The decision needs to be taken on third-party motor insurance segment to curb mounting losses from the segment

Insurers rush to tie-up with web aggregators

With Irda finalising the guidelines, insurers see huge growth in this space

Medical claims on kidney failure up 57% in 2013: ICICI Lombard

Claims in 2013 for kidney ailments increased by 46% over 2012

CBI registers preliminary inquiries against ICICI Lombard