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BANCASSURANCE MODEL
Bancassurance useful, curb mis-selling: IRDAI ChiefIndia's insurance regulator, IRDAI, urged banks to address concerns regarding mis-selling of insurance products through their channels. Thi...20 Nov, 2024, 12.23 AM IST- Bank assurance sought to curb misselling of insurance productsSome of the measures being considered may include a cap on commission charges paid to banks for selling insurance products, stricter disclo...03 Jan, 2024, 11.35 PM IST
- Irdai sets up panel to increase banks' participation in selling insurance productsThe Insurance Regulatory and Development Authority of India (Irdai) has taken a proactive step by forming a high-level panel. The primary o...01 Nov, 2023, 07.47 PM IST
- SBI Life eyes 30-35% growth over next 3 yearsThe company is also expecting 40 per cent rise in new business premium this financial year, SBI Life Managing Director and CEO told PTI her...31 Jan, 2016, 12.40 PM IST
- Government in discussion with RBI over banks selling insurance policiesThe move follows fresh complaints of customers being forced to buy insurance policies when they apply for loans or seek other banking servi...09 Oct, 2014, 02.40 AM IST
- Prefer an exclusive agency arrangement with banks than a superficial broking relation: Manasije Mishra, Max Bupa Health InsuranceMax Bupa has recently announced their second agency partnership with Standard Chartered Bank.06 Feb, 2014, 03.16 PM IST
- Insurance broking: Bankers meet RBI top brass ahead of meet with Finance MinistryA day ahead of their meeting with the FinMin, top bankers today met RBI top brass and conveyed their concerns arising from the government d...27 Jan, 2014, 09.53 PM IST
- 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...27 Jul, 2013, 04.06 AM IST
- IRDA to come up with final 'bancassurance' guidelines in FebruaryInsurance regulator IRDA is likely to come up with 'Bancassurance' guidelines by the first week of February, Chairman J Hari Narayan said t...04 Jan, 2013, 07.19 PM IST
- Banks may get to sell products of 4 insurance companiesAccording to a report of the Committee on Bancassurance, banks may be allowed to tie up with any two sets of insurers - two in the life ins...08 Jun, 2011, 04.41 AM IST
- Canara HSBC OBC Life clocks 82% growth in FY11 premium incomeCanara HSBC Oriental Bank of Commerce Life Insurance reported a 82% growth in gross written premium at Rs 1,532 crore.19 Apr, 2011, 07.02 PM IST
- Banks may get to deal in more than one insurance brandBanks may be allowed to sell insurance products of more than one company, a move that will help insurance companies increase their reach an...08 May, 2010, 02.22 AM IST
- IRDA asks insurers for info on commission paid to banksSectoral watchdog IRDA on Thursday asked insurance companies to provide information on commission paid to the banks for selling policies in...21 Jan, 2010, 10.11 PM IST
- Banks can be allowed multiple insurance tie-ups: PanelBanks may be allowed to tie up with more than one insurer in the life and general insurance sector with a set of stringent checks and balan...22 Aug, 2009, 01.42 AM IST
- Banks may be allowed to tie up with multiple insurerBanks may be allowed to tie up with more than one insurer in the life and general insurance sector with a set of stringent checks and balan...21 Aug, 2009, 09.43 PM IST
- Bancassurance to generate 35 % of private insurers' premiumBanks acting as agents of insurance companies will likely to contribute about 35 per cent of private insurers' premium income by 2008.12 Dec, 2007, 04.09 PM IST
- Birla Life partners with 6 urban co-op banksBirla Sun Life Insurance (BSLI) on Monday said it has entered into partnerships with six urban co-operative banks to sell its products.16 Jan, 2007, 09.20 AM IST
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