Page 9 - Insurance Sector

Why are domestic & foreign institutional investors gung ho on this insurer?

Analysts expect SBI Life stock to outperform peers over the next one-two years, riding on the stock growth prospects for the sector

Claim can't be denied on frivolous grounds

As for the purchase of raw materials from its sister concern, the National Commission observed this was properly recorded and there were corresponding sales and exports

Group health insurance cover easier to get if all participate, say experts

The elderly should try to enroll for the group cover provided by their child's employer

SBI General insurance net profit grows 32% to Rs 544 cr in FY21

The results are for the fiscal ended March 3, 2021.

Irdai allows insurers to invest in debt instruments of InvITS and REITS

Securities should not be rated below 'AA' under the "approved investment" category. In case the instrument is subsequently downgraded, it will be part of "other investments"

Britain's driverless car ambitions hit speed bump with insurers

Insurers are key players in the shift to automated driving

ICICI Prudential surges 10% on strong performance in March quarter

The company posted a 23 per cent year-on-year growth in new business premium during the January-March quarter (Q4FY21), led by steady traction in both regular and single premium business

Life insurers see over 70% year-on-year growth in NBS in March

In FY21, life insurance companies saw a 7.5% increase in NBP over FY20

Govt's draft proposals tie insurance FDI hike to solvency margin

Draft proposes 180% if firms with over 49% foreign stake declare dividend

Hike in deposit limit: Payment banks likely to attract bigger clients

Industry sources said banks had made a case for increasing the limit to Rs 5 lakh in line with the hike in deposit insurance cover

Realty, insurance corner bulk of FPI flows at $500 mn each in March

Banks, IT see outflows amid valuation concerns

Irdai brings draft rules for general insurers on product design, pricing

The regulator has asked all stakeholders to give their views on the draft guidelines before April 26

IRDAI proposes regulations for designing, pricing of insurance products

Regulator IRDAI on Monday came out with draft regulations for the designing and pricing of general insurance products with a view to protecting the interest of policyholders.

SBI Card sees over 50% transaction from online payments, says CEO

SBI Card has been seeing over 50% of its transactions via online payments such as on groceries, insurance premium, and hopes the trend to go up further as point of sale purchases are yet to pick up

GramCover plans to be one-stop shop for rural insurance needs: CEO Bhatt

The company was founded in 2017-18 by a clutch of private equity firms

Expect top-line growth to return from March quarter: N S Kannan

We were an 82 per cent ULIP company but today we are at 48 per cent. So, we have been able to transform the product mix, says ICICI Prudential Life Insurance's Kannan

Bill to increase FDI limit in insurance sector gets Parliament's nod

The bill raises the limit to 74 per cent

BJP govt wants to hand over insurers to foreign firms: Congress' Kharge

The Congress on Friday said the BJP government wants to hand over the control of Indian insurance firms to foreign players

Irdai nudges insurers to facilitate immunisation for policyholders

Irdai on Friday directed insurers to make special arrangements to facilitate inoculation of the eligible people at government or private hospitals

LIC employees protest in Ludhiana against insurance sector's FDI limit hike

LIC employees staged a protest in Ludhiana against the government's decision to raise the Foreign direct investment (FDI) limit in the insurance sector to 74 per cent and to bring an IPO of the LIC