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Buying life insurance is one of the most important financial decisions, but believe it or not, only 10 per cent of Indians are insured. But why is
Insurance regulator IRDAI today permitted UK-based Lloyds to set up business in India and have floated a draft rules and regulations relating to re
In a first of its kind move, private insurer Bajaj Allianz General Insurance has mooted a proposal to market regulator Insurance Regulatory and Dev
A group of ministers headed by Home Minister Rajnath Singh today discussed proposed new crop insurance scheme that aims to bring down premium charg
The Reserve Bank of India has a fire insurance policy for its properties, including the building in Bandra-Kurla Complex where a fire broke out at
In a step to provide some respite to insurers, sector regulator Insurance Regulatory & Development Authority of India (IRDAI) has offered 50% r
Improved business sentiments and buoyant stock markets propelled life insurers to post 14% growth in premiums during the first half of FY 16 when c
Future Generali India Insurance Company Limited ( FGII), a joint venture between Future Group and Generali global insurance group today launched
Private lender, Axis Bank is slated to hike its stake in Max Life Insurance, its bancassurance partner. The bank currently has about 4% stake
The Insurance Regulatory Development Authority of India (Irdai) came out with the guidelines on Indian control and management, which can offer more
Religare Health Insurance has launched ‘ Care Freedom’ , a new insurance product that reduces the waiting time for making claims toward
Gujarat International Finance Tec-City (GIFT), which was to enable India to become a global reinsurance hub, might not offer any tax incentives to
SBI Life, PNB MetLife and Aegon Religare have recently launched products which cover a couple under a single policy. While SBI Life's offering
If all goes according to plan, India Post will soon offer life insurance products as part of a broader strategy to give its millions of customers a
Shriram Life Insurance Company, the life insurance arm of Shriram group, has tied up with Telenor India Communications, a move aimed at providing l
Neelesh Garg has been appointed as the new Managing Director and Chief Executive Officer of Tata AIG General Insurance Company. K K Mishra, ha
Aviva Life Insurance has launched a new traditional plan called “ Aviva Dhan Vriddhi Plus” . It is an endowment plan, where the custome
Kotak Life Insurance has launched a new pension plan “ Kotak Premier Pension Plan” with assured benefits on death
In this world, one word that is daunting than death itself is cancer. The risk of getting cancer is increasing at an astronomic
IDBI Federal Life Insurance Company has launched a new children plan, “ IDBI Federal Wealthsurance Future Star Insurance Plan” . It is
Max Life has launched Max Life Platinum Wealth Plan, a unit linked investment cum protection plan. The plan offers liquidity in the form partial Wi
Exide Life Insurance on Tuesday launched Wealth Maxima, a market-linked insurance plan that gives an option to increase life cover at different lif
Edelweiss Tokio Life Insurance is a joint venture between Edelweiss Financial Services and Tokyo-based Tokio Marine Holdings Inc. Tokio Marine curr
Even as a host of insurers like HDFC Life and SBI Life, among others, are readying themselves for public listing, Bajaj Finserv has ruled out any s
Life Insurance Corporation of India (LIC) today said it has so far collected over Rs 7,000 crore under its senior citizen pension scheme 'Varis
The Insurance Regulatory and Development Authority of India (IRDAI) allowed banks to tie up with more than one insurer, from life, non-life and sta
i-Income is a non-linked, non-participating term assurance plan designed to protect the household's income stream for a fixed term in the event
Life Insurance Corporation ( LIC) chief S K Roy was today elected as Chairman of the Life Insurance Council, the apex industry body of insurers in
India received USD 184.97 million (about Rs 1,186 crore) foreign direct investment (FDI) in the insurance sector during March to May this year, Par
Religare Enterprises has reached a definitive agreement with Bennett, Coleman and Company (BCCL) to acquire Religare's shareholding in the JV C
