Don't see LIC’s market share reducing significantly for another 5-10 years: SB Mathur, Former Chairman, LIC"In semi-urban areas and rural areas, LIC’s dominance still continues. LIC has distribution there and people in these areas still trust the...
19 Jul, 2017, 11.20 AM IST
Merger of HDFC Life, Max Life a welcome step; market was expecting some consolidation: SB Mathur, ex-Chairman, LIC"If the two companies can harness synergies and overcome cultural differences, whatever they are, they will be force to reckon with."
19 Jun, 2016, 12.06 PM IST
Government panel seeks 7 more days to submit report on Bhilai plantThe four-member panel, headed by former CMD of Mecon K K Mehrotra, was earlier asked to submit its final report to the Steel Ministry by Ju...
17 Jul, 2014, 06.34 PM IST
Government forms panel to probe accident at SAIL's Bhilai Steel plantThe committee formed by the government will submit its final report to the Secretary in the Ministry of Steel by July 17.
20 Jun, 2014, 04.01 PM IST
Sushobhan Sarkar, SK Roy & SB Mainak in race to head LICA five-member panel led by PK Misra, secretary at the department of personnel & training, will choose the successor to DK Mehrotra.
15 Apr, 2013, 04.00 AM IST
- ITC's top deck sold their stake ahead of Budget 2013
Several directors of India's top cigarettes company -ITC have sold a significant part of their shareholding in January.
28 Feb, 2013, 10.51 AM IST
- Life Insurance Council seeks time from IRDA over ULP ban
On October 21, IRDA had asked insurers to stop selling ULPs till November 4 on the face of alleged violations in sale of these products.
24 Oct, 2010, 11.58 AM IST
There’s more to Ulips than savings or investment: SB MathurSB Mathur, a chartered accountant, was chairman of the country’s largest life insurance player — LIC. Excerpts from an interview with ET.
30 Jun, 2010, 01.43 AM IST
- Life comanies’ premium income may cross Rs 3 lakh crore in FY11
The life insurance industry is expected to cross the Rs 3 lakh crore total premium income mark in 2010-11. During 2009-10, the life insuran...
17 Jun, 2010, 02.57 AM IST
Insurance council says Sebi ban new ULIPs surprisingThe Life Insurance Council on Tuesday termed today's Sebi order of continuing its Friday ban to new Ulip schemes as "surprising" and said i...
13 Apr, 2010, 11.28 PM IST
- Life insurers see 18% growth in total premium income in '09-10
The Life Insurance Council has projected 18% growth in total premium income for the life insurance industry in the financial year 2009-10.
09 Apr, 2010, 04.20 AM IST
- IRDA mulls allowing life insurers to invest in derivatives
Insurance regulator IRDA is considering allowing life insurers to invest part of policy holders' money in equity derivatives, a move that w...
18 Nov, 2009, 08.16 PM IST
Zero-entry load in Ulips unlikelyThe decision by SEBI to allow investors get into MFs with variable entry charges has put the spotlight on the life insurance industry.
24 Jun, 2009, 02.55 AM IST
- IRDA appoints committee for TPAs
The Insurance Regulatory and Development Authority has appointed a committee headed by former LIC chaiman SB Mathur to look into the workin...
31 Dec, 2008, 04.37 PM IST
- IRDA may relax mandatory solvency margin norms soon
If the Life Insurance Council has its way, Insurance Regulatory Development Authority (IRDA) may reduce the mandatory solvency margin from ...
02 Aug, 2008, 06.20 AM IST
- IRDA may relax mandatory solvency margin norms soon
If the Life Insurance Council has its way, Insurance Regulatory Development Authority (IRDA) may reduce the mandatory solvency margin from ...
02 Aug, 2008, 01.31 AM IST
- Sale of residual shares in CMC, IPCL on: Shourie
Disinvestment minister Arun Shourie said today that the sale of residual shares in companies such as CMC, Indian Petrochemicals Corporation...
26 Nov, 2003, 12.07 AM IST