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.
13 Oct, 2018, 10.09 AM IST
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.
10 Aug, 2018, 10.33 AM IST
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.
14 May, 2016, 12.58 AM IST
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 ...
14 Dec, 2015, 12.00 AM IST
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...
10 Dec, 2015, 04.20 PM IST
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...
05 Jul, 2015, 04.40 PM IST
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.
01 Sep, 2013, 12.55 PM IST
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...
06 May, 2013, 07.39 PM IST
- Cost curbs help insurance cos prop up bottomlines
Margins of insurance companies may come under pressure in the medium term on new ULIP norms.
09 Aug, 2010, 04.00 AM IST
- Insurers likely to focus more on term & endowment plans
MOST among the 14 life insurers have now individually decided to market more of the traditional non-Ulip products, since a final verdict on...
14 Apr, 2010, 04.12 AM IST
- Query corner: Insurance
Don’t wait until November. Do not buy a new policy and make sure that the old policy is renewed without a break.
19 Feb, 2010, 03.57 AM IST
- Life insurers add 13 lakh agents during 2008-09
Life insurance companies have appointed around 13 lakh agents during 2008-09 despite the sector going through a tough phase following the i...
10 Jan, 2010, 03.49 PM IST
- Birlas, Sun Life to invest Rs 500 cr in local arm
Aditya Birla Nuvo and its partner Sun Life Financial of Canada will invest Rs 500 crore in Birla Sun Life Insurance in the current fiscal (...
20 Jun, 2009, 02.05 AM IST
- Heard on the Street: Stage set for higher insurance FDI cap
Rumours of government allowing foreign direct investment up to 49% in the insurance sector are gaining ground. If market sources are to be ...
06 Dec, 2008, 12.00 AM IST
- Aditya Birla Group on hiring spree for financial arm
Adiyta Birla Group has embarked on a major hiring spree for its financial services businesses with over a dozen recruitments taking place i...
25 May, 2008, 11.49 AM IST
- Birla Sun Life infuses Rs 123 cr into base-capital
Private life insurer, Birla Sun Life has infused an additional capital of Rs 123 crore to the company's capital.
06 Dec, 2007, 04.13 PM IST
- Venkatesh Mysore new country head of SunLife
Mr Venkatesh Mysore, the former CEO of MetLife India will be shifting to Mumbai and taking over as the country head of SunLife Financial In...
02 Jan, 2007, 08.00 PM IST