Page 83 - Insurance

Insurers turn to G-Secs, feel they are safer investment bet

Companies feel govt bonds are safer as they are a liquid investment option

Life insurance agents to get persistency-linked incentives

Move to ensure that agents are responsible with the policies they recommend to clients

'Baggage protection key trigger for buying travel insurance'

Irda rules on India Infradebt issue

Insurance regulator says investment in India Infradebt NCD to be treated as investment in infra sector by insurers

Reliance Life launches e-insurance policies

Policyholder can choose to open an e-Insurance account with any one of the five approved insurance repositories by providing their KYC documents

Reliance Life offers policies in electronic demat form

Electronic insurance account will eliminate repetitive KYC requirements, says company CEO Anup Rau

Swiss Re for more involvement in India

To hire 30-40 more staff in India in next few years

LIC expects to cover all uninsured by 2020

Life insurers rush for product approvals

All life insurers are required to be ready with their products by Oct 1

Repositories will enable KYC: Irda

'Life insurance sector to see 12-15% CAGR over five years'

Life insurance penetration measured as percentage of insurance premium to GDP expected to growth to 5% by year 2020 from 3.2% now

'Extend deadline for new guideline'

HDFC Ergo to focus on non-motor biz to beat industry growth

Motor insurance constitutes around 46% of the total general insurance business and its slowdown is likely to pull down the growth of the overall industry in FY14

Intention to buy life insurance has fallen due to slow economy: Study

The intention to buy life insurance has dropped from 20% in 2010 to 17% in 2013

Chidambaram launches insurance repositories

Asks insurance regulator to make digitisation of insurance policies mandatory soon

IndiaFirst Life offers policies in demat format

Finance Minister P Chidambaram launched insurance repositories today in Hyderabad

Life insurers rush for product approvals amid tight deadline

Irda has mandated life insurers to be complaint with the new norms by October 1, 2013

Private insurers cut down on branches

Despite LIC's expanded network, cumulative number of offices for all life insurers fell by 1,261 in last two financial years

Religare Health hopes to break-even by fifth year

Insurance underwriters evaluate the risk and exposure of business from potential clients

Third-party motor segment a burden on insurers

Combined ratios for the motor insurance segment stand at 130-135% for the industry