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DE TARIFFING
Just like stocks, TP motor insurance needs risk-based pricing: Dr. Tapan SinghelThe Indian insurance sector needs an update. Current third-party motor insurance doesn't account for driver behavior. Road accidents are a ...- Companies feel the pinch as GIC ups reinsurance rate by almost eight timesGIC has justified the higher cost, saying that even with the revised rates the premium only matches claims in eight sectors where rates hav...
- Sunnier days ahead for India's general insurers, says Moody'sThe Insurance Laws (Amendment) Ordinance 2014 aims to enhance foreign direct investment, or FDI, in the insurance sector to 49 per cent fro...
- Insurance industry feels 'motor insurance premium hike is too low to cover losses'The insurance industry termed the decision of the sectoral regulator to increase the motor insurance premium as a step in right direction.
- Government, insurers set to chart out road map for general insurance sectorThe government and the general insurance sector will chart out a road map to improve the penetration of health, fire, motor and other non-l...
- IRDA hints at curbs on NAV-based productsThe insurance regulator today said it was examining the high-guaranteed net asset value (NAV) products and will take a decision on them soo...
- Future Generali India Insurance registers 58% growth in gross written premiumThe absolute gross written premium stood at Rs 661 crore during the period against Rs 418 crores in the previous corresponding period.
- Videocon forays into gen insurance; to ink JV pact with LMGVideocon announced its plans of entering into financial services business through a general insurance company in partnership with Liberty M...
- No insurance co IPO unless govt amends law, says IRDA chiefIRDA asks insurance firms to strengthen disclosure norms before going public.
- Govt nod must before insurance cos go publicThe insurance regulator has said that no company in the insurance sector can go public until the government amends insurance laws.
- Insurance cos will sacrifice prudence to garner market: ICRACredit rating agency ICRA has expressed the fear that private sector general insurance players will sacrifice prudential pricing norms in t...
- Clients cheer as insurance gets the Net edgeInsurance brokers have started providing aggregations services, offering quotes across a range of insurance companies to retail buyers of p...
- Bureaucrats, CEOs in race for top IRDA jobJandhyala Harinarayan, former chief secretary of Andhra Pradesh, CR Muralidharan, member IRDA and a few CEOs of insurance companies have pi...
- Tax sops proposed for long-term insuranceA recent Planning Commission report which iterated the need for relaxing the capital regulations for insurance players and de-tariffing of ...
- Regulator puts cap on hike in medical insurance premiumInsurance regulator IRDA has directed insurers to ensure that the premium in any year does not exceed more than 75% of what they paid the p...
- United India growth dips to 5 pc on de-tariffingUnited India Insurance Co Ltd on Friday said the growth of the company during the current financial year upto October was down by five per ...
- IRDA norms for standalone health cos soonThe Irda said that it would develop a separate regulation for health insurance in six months.
- Life insurance zooms post-reform, non-life sees modest growthLife insurance has witnessed tremendous growth in the post-reform period whereas general insurance market has grown only modestly.
- Non-life insurers may find the going tough in a free marketOnce the non-life insurers survived the dismantling of the tariff regime in January 1.
- Lower motor premium if you provide accurate infoBajaj Allianz General Insurance chief executive officer Kamesh Goyal gives an insight into de-tariffing and how life will change for motor ...
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