Page 13 - Insurance Sector
Yes Bank impact on key insurance players explained in numbers, chart
The investment exposures of key insurance players have been hit by ratings downgrades
 "Yes Bank impact on key insurance players explained in numbers, chart")
A lot of unutilised space in insurance sector for foreign investment
There is headroom for foreign partners in both the life and non-life sectors within the current limits
 "A lot of unutilised space in insurance sector for foreign investment")
India's insurance is one of Asia's better long-term stories: Chris Wood
In September 2019, he had bought SBI Life Insurance and HDFC Life Insurance, which now account for 5 per cent and 4 per cent weight in the above-mentioned portfolio
 "India's insurance is one of Asia's better long-term stories: Chris Wood")
Budget wishlist: Insurance industry expecting more tax incentives
Life Insurance Council has sought a separate deduction in personal taxes or an increase in the present limit for the premium paid for individual life policies
 "Budget wishlist: Insurance industry expecting more tax incentives")
Irdai decides to defer implementation of IndAS in insurance sector
The regulator had planned to implement IndAS 117, which is an equivalent of IFRS 17, and IndAS 109 from April 1 onwards, but the IASB decided to amend IFRS 17
 "Irdai decides to defer implementation of IndAS in insurance sector")
New India Assurance, GIC rally up to 8% as govt may raise FDI limit to 74%
That apart, 37.2 per cent year-on-year (YoY) growth in new premiums between April-November further boosted buying sentiment.
Insurance brokers battle for survival as they lag behind in the tech race
The challenge for everyone is how to fend off competition from insurance companies and the sweep of technology, making their business models irrelevant
 "Insurance brokers battle for survival as they lag behind in the tech race")
Budget impact: FDI cap in insurance sector may be raised to 74%
The govt is also looking to allow FDI in information utilities at 100% through govt approval route
 "Budget impact: FDI cap in insurance sector may be raised to 74%")
Budget 2019 suggests greater role for insurance, aviation to revive growth
Finance Minister Nirmala Sitharaman unveiled the proposals while presenting the budget for the fiscal year ending March 31, 2020 to parliament
 "Budget 2019 suggests greater role for insurance, aviation to revive growth")
Robust GDP, regulatory regime to boost India's insurance sector: Moody's
Moody's said it expects India's real GDP to expand by 7.4% and 7.3% in fiscal 2019 and 2020
 "Robust GDP, regulatory regime to boost India's insurance sector: Moody's")
Simple, low-ticket insurance: These products cover new areas of risks
A large swathe of the population doesn't buy insurance products because it finds them difficult to understand
 "Simple, low-ticket insurance: These products cover new areas of risks")
Indian insurance sector to grow significantly in coming yrs: Report
UK-based reinsurance company Lloyd is expected to set up its branch in Mumbai in 2017
 "Indian insurance sector to grow significantly in coming yrs: Report")
Behind the scenes: The making of India's largest private insurer
Max Life was busy scouting for insurers it could buy. Then, HDFC Life happened
 "Behind the scenes: The making of India's largest private insurer")
Consolidation likely now in insurance sector
Insurance Sector has 24 life insurance and 29 general insurance companies, including five standalone health insurers
 "Consolidation likely now in insurance sector")
