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LIFE INSURANCE COUNCIL
India insurers seek doubling of tax-free limit for some products to boost inflows, sources sayIndian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowin...- The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
- Piyush Goyal meets Canadian pension funds, investors in push for $50 bn tradeIndia's Commerce Minister Piyush Goyal is in Canada to forge new partnerships. He met with top Canadian pension funds and investors. Discus...
- Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 crGlobal financial institutions and Indian mutual funds have bought a 5.3 percent stake in Premier Energies. The deal involved promoters sell...
- India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
- Insurers resist as customer comfort weighs on exec payIndian insurers are opposing new rules for executive pay. The regulator wants to link compensation to customer service, not just profits. I...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- HDFC Life approves Vibha Padalkar's re-appointment as CEO & Managing DirectorHDFC Life's board has approved Vibha Padalkar's reappointment as Managing Director and Chief Executive Officer. This new term will begin on...
- Why ‘unlimited’ or ‘100% restoration’ benefit in health insurance may not save you from a big hospital bill; here’s what policyholders should knowHealth insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...
- Life Insurance Council's key panel to get 3 members on July 31The Life Insurance Council will go to polls here on July 31 to elect three members of its Executive Committee (EC).
- LIC targets 3 crore new policy sales this year worth an estimated Rs 31,000 croreWe have already clocked a healthy 31 per cent growth at over Rs 5,700 crore in the first quarter of the current fiscal year," said SK Roy.
- Life Insurance Council plans fraud monitoring frameworkLife Insurance Council, the apex industry body of insurers is planning a fraud monitoring framework for its members.
- Life Insurance Council plans fraud monitoring frameworkLife Insurance Council, the apex industry body of insurers is planning a fraud monitoring framework for its members.
- Life insurers seek clarity on Indian management clauseThe Life Insurance Council is seeking clarification on the term Indian management in the context of the hike FDI in the insurance sector.
- AUM of life insurers may treble to $ 1 trillion by 2020: Life Insurance CouncilAUM of life insurers will almost treble to USD 1 trillion (nearly Rs 60 lakh crore) by 2020 from the current Rs 19.4 lakh crore.
- Reliance Life eyes insurance tie-ups with smaller banksReliance Life Insurance Company is exploring bancassurance partnerships with multiple tiny banks since bigger entities are not available fo...
- Allow banks to sell policies of 5 cos: Life Insurance CouncilLife Insurance Council (LIC), an industry association, has suggested that a bank should be allowed to sell products of five different insur...
- Life insurers' AUMs rise despite drop in total premium last year: Life Insurance CouncilA drop in total premium collected by life insurers in India notwithstanding, their total assets under management (AUM) grew by 9% says data...
- IRDA suggests Life Insurance Council to prepare single insurance productSectoral regulator IRDA has asked the Life Insurance Council to design a single insurance product that will cover life, non-life and health.
- Life insurers see 18% growth in total premium income in '09-10The Life Insurance Council has projected 18% growth in total premium income for the life insurance industry in the financial year 2009-10.
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