Page 73 - Insurance

LIC raises stake in Indraprastha Gas to 7.2%

Prior to this, the nation's largest life insurer held 7.13 million shares of IGL

Micro insurance sale norms: Sector uneasy with latest Irda proposals

Mis-selling, training areas of concern

ICICI Lombard launches cashless medical cover

This health card offers immediate access to OPD benefits and can be availed at the 75 plus OPD clinics across the seven metros

Insurers ask for 50% increase in motor third party premiums

Rising claims, losses might lead to steep rise in rates

Govt allows FIIs, NRIs to invest in insurance sector

Intermediaries, TPAs will also benefit, but investments will be under 26% FDI cap

Insurers shift product mix away from Ulips

Under the new norms life insurers have to replace their existing products with new ones meeting the regulatory criteria

Insurers see slim chance of getting House nod for FDI in 2014

FDI hike in insurance is not UPA 2's radar

Insurers, fund houses cut debt paper duration

Insurers and fund houses began cutting down the duration two weeks ago, due to the Urjit Patel committee recommendations

Max Bupa enters into bancassurance tie-up with Standard Chartered Bank

At present, banks are allowed to tie-up with insurance companies as corporate agents

Bajaj Allianz Life Insurance launches Special Revival Campaign

Campaign offers to renew lapsed policies that fall under their prescribed revival period

IRDA sets up 9-member panel to review FSLRC recommendations

The committee will also examine the extant legislative and regulatory framework in compliance 14 non-legislative recommendations

Irda issues new micro insurance draft norms

Partial withdrawal allowed under micro-variable life products; kirana stores can sell policies in rural areas

We get vehicle repaired besides settling claim: Bhargav Dasgupta

ICICI Lombard CEO says scheme part of company's ongoing effort to improve service quality across product categories

Insurance marketing firms could add to chaos, say brokers

Raise questions on eligiblity, quality and tenure

Irda sets up committee on FSLRC

Committee shall submit its report by the end of April 2014

Irda defers Standard Proposal Form norms

The regulator said this was to facilitate a more comprehensive debate on the contentious provisions

Irda asks insurers to warn customers about fraud

Regulator has asked all insurers to highlight warning messages in their product advertisements on the same

Errors and Omissions policy finds renewed interest from companies

This policy provides protection against liabilities arising out of large claims due to lapses on part of workers

Reliance Life launches Super Money-Back Plan

Plan offers guaranteed money back benefits to policyholders every five years throughout policy period

Reliance Life launches Super Money Back plan

It offers guaranteed money back benefits every five years throughout the policy period along with an increasing monthly income that starts after the premium payment term