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GLOBAL CONFERENCE OF ACTUARIES
Insurance-linked securities on anvil to diversify risksThe International Financial Services Centres Authority (IFSCA) plans to set up special purpose vehicles (SPVs) to issue insurance-linked se...- LIC set to buy 40-49% stake in ManipalCigna; primary and secondary deal values company at Rs 3,500 croreLife Insurance Corp of India (LIC) is preparing to acquire a 40-49% stake in ManipalCigna Health Insurance, entering the standalone health ...
- 'Tech-savvy actuaries can help lower premiums'M Nagaraju, Secretary of the Department of Financial Services, emphasizes leveraging technology and AI to reduce insurance premiums to achi...
- LIC to unveil health foray deal by Mar 31: CEOLife Insurance Corporation of India (LIC) is set to announce its decision to acquire a minor stake in a health insurance company by the end...
- IRDAI chief asks insurance players to underwrite disruptions to improve market penetrationIRDAI Chairman Debasish Panda stressed the need for insurers to adapt to disruptions and aim for 'insurance for all' by 2047. Speaking at a...
- IRDAI may allow insurers to raise stake in cos beyond 15%Earlier this month, the government sold a 1.63% stake in Larsen & Toubro for Rs 2,100 crore. LIC didn’t take part in the stake sale. At pre...
- Controls on management can better curb norms violation: IRDAIrda has said that controls on mgmt is better way to curb breach of expense norm to deal with non-compliance than imposing nominal monetary...
- High expenses delaying insurers' breakeven'The rupee, which is already the best-performing currency , could dampen the economic recovery if it appreciates relative to peers.
- New players eye Indian insurance sector, says IRDA chiefInsurance Regulatory and Development and Authority (IRDA) Chairman T S Vijayan said post the executive order, new players have shown intere...
- IRDA: Banks' insurance broking model to gain traction in timeThe comment has come at a time when general insurers have seen price wars in commercial lines of businesses in the recent past.
- Tata Communications Q4 loss narrows to Rs 5 croreTata Communications today said it has substantially lowered its net loss to Rs 5.2 crore for the fourth quarter ended March 31.
- Bancassurance deals will have to pass Irda muster: J Hari NarayanStake sale by insurance firms to banks to win coveted tie-ups for sale of insurance policies may come under strict regulatory probe.
- Life Insurance Corp's health plan may hit tax hurdleIRDA has sought clarification from LIC on claims of tax exemption for the insurers' unit-linked health insurance policy (ULIP). Investment ...
- Bond market saw it coming after Rakesh Mohan talkBond markets had a forewarning of the cash reserve ratio hike from RBI deputy governor Rakesh Mohan who brought down bond prices by 90 pais...
- Current a/c deficit expected to be contained under 2%India's current account deficit is expected to be contained at well under two per cent of the GDP this fiscal, RBI Deputy Governor Rakesh M...
- 'Consumer prices could be higher at 8%'Inflation at 6 per cent was a matter of concern in the evolving macro-economic outlook and the RBI fears that consumer prices could be even...
- Pension reforms, new norms for health insurance soonThe Insurance Regulatory and Development Authority (IRDA) hopes that pension reforms would be flagged off shortly to ensure income security...
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