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BIRLA SUNLIFE INSURANCE
Aditya Birla Capital soars on MF arm ‘listing’ plansThe share sale in Aditya Birla Sun Life Asset Management Company will unlock value in the financial services company belonging to the Adity...- Mutual fund houses woo clients with a free term coverTHREE AMCs ICICI Pru, Aditya Birla SL and Reliance are offering life cover up to ₹50 lakh for SIP investments in select schemes.
- Fund houses woo clients with a free term coverInvestors gain as they get an additional term cover with no cost to them.
- Private insurers lead new business WRP growth in SeptemberLIC’s market share, thus, shrank 823 basis points month-on-month to 43.4 per cent.
- Ontario Teachers likely to invest $250 million in Birla Group’s NBFCThe Birlas are expected to dilute up to 20 per cent stake in the entity.
- Life insurance industry reports 5.65% growth in AprilMax Life saw 13% decline in individual APE. Insurance sales fall during the beginning of the year, as it is considered to be a lean period.
- Munich Health in talks to up stake in Apollo JVThe Germany-based Munich Health is considering raising its stake in Indian joint venture, Apollo Munich Health Insurance, from the current ...
- FDI hike in insurance will help deepen penetration: TS VijayanFollowing relaxation in norms, some foreign players have recently increased their stake to 49 per cent from 26 per cent in their Indian joi...
- Life Insurance Council apprehends Pradhan Mantri Jeevan Jyoti Bima Yojana viabilityOut of Rs 330 charged for the Rs 2 lakh sum assured, insurance companies are left with only about Rs 250 after deducting bank commission an...
- Customer complaints rise against insurers by over 10%Customer complaints against life insurance companies rose by nearly 10% to over 3.41 lakh in the last fiscal.
- Insurance regulator IRDA probing money laundering allegations against insurersThe four insurance companies which figure in the list are alleged to have violated the 'Know Your Customer' and 'Anti Money Laundering' Gui...
- Cost curbs help insurance cos prop up bottomlinesMargins of insurance companies may come under pressure in the medium term on new ULIP norms.
- Insurers likely to focus more on term & endowment plansMOST among the 14 life insurers have now individually decided to market more of the traditional non-Ulip products, since a final verdict on...
- Query corner: InsuranceDon’t wait until November. Do not buy a new policy and make sure that the old policy is renewed without a break.
- Life insurers add 13 lakh agents during 2008-09Life insurance companies have appointed around 13 lakh agents during 2008-09 despite the sector going through a tough phase following the i...
- Birlas, Sun Life to invest Rs 500 cr in local armAditya Birla Nuvo and its partner Sun Life Financial of Canada will invest Rs 500 crore in Birla Sun Life Insurance in the current fiscal (...
- Heard on the Street: Stage set for higher insurance FDI capRumours of government allowing foreign direct investment up to 49% in the insurance sector are gaining ground. If market sources are to be ...
- Aditya Birla Group on hiring spree for financial armAdiyta Birla Group has embarked on a major hiring spree for its financial services businesses with over a dozen recruitments taking place i...
- Birla Sun Life infuses Rs 123 cr into base-capitalPrivate life insurer, Birla Sun Life has infused an additional capital of Rs 123 crore to the company's capital.
- Venkatesh Mysore new country head of SunLifeMr Venkatesh Mysore, the former CEO of MetLife India will be shifting to Mumbai and taking over as the country head of SunLife Financial In...
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