Which insurance companies have more claim paying capacity in India? Find outSolvency ratio defines how good or bad an insurance company’s financial situation is on defined solvency norms.
08 Jan, 2022, 09.01 PM IST
National Insurance to revalue its assets to shore up capital baseThe solvency margin is currently at 1.26 but with fair value and real estate factored in, it may exceed the norm. Kumar is looking to final...
14 Mar, 2017, 08.49 AM IST
Capital woes may hit government's plans to list insurersTwo other state-run general insurance companies -New India Assurance and United India -have solvency margins of 1.53 times and 2.3 times.
16 Feb, 2017, 01.18 PM IST
- IRDA not keen on introducing solvency II norms for companies in India
Solvency II is the new regime for all insurers and reinsurers in the European Union. It will come into effect from December 31, 2012.
28 Jun, 2011, 04.02 AM IST
- Irda issues merger norms for private general insurers
Irda has reserved the right to impose additional conditions prior to court approvals, a change from the draft where the regulator had kept ...
11 Jun, 2011, 06.03 AM IST
- Insurers will soon have an easier solvency mandate
India’s life insurers are set to see more financial stability in their business, with insurance regulator IRDA set to link the amount of ca...
05 Jan, 2010, 02.10 AM IST
- Solvency margins eased: ULIP sales to go up
Solvency margin is the excess of assets over liabilities that an insurer maintains as a prudential measure. Weekly Gainers: BSE (A. B), NSE...
03 Jan, 2009, 02.24 PM IST
- IRDA eases solvency margins for ULIPS
In a move that will save the life insurance industry several hundred crores in capital requirement, the insurance regulator has eased solve...
02 Jan, 2009, 03.14 AM IST
- Insurance ind estimates fall in growth of premium turnovers
Insurance industry is likely to register a fall in the growth rate of its premium turnovers in the current fiscal due to the global meltdow...
30 Dec, 2008, 08.34 PM IST
- Govt may put riders ahead of life cos' move to risk-based system
The government may insist on several preconditions before allowing the life insurance industry migrate to risk-based capital system, which ...
01 Oct, 2008, 12.00 AM IST
- Tighter norms for insurance firms not needed: Irda
The Insurance Regulatory and Development Authority (Irda) has said that there is no need to further tighten regulations by revising solvenc...
27 Sep, 2008, 12.54 AM IST
- No need to tighten solvency margin norms: IRDA
Insurance regulator IRDA on Friday said it is awaiting a business report from Tata AIG while pointing out that there is no need to further ...
26 Sep, 2008, 04.06 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
- New solvency norms to vitalize health insurers
The Insurance Regulatory & Development Authority (Irda) has decided to review the solvency margins of pure health insurance companies to en...
10 Sep, 2007, 02.51 AM IST
- ICICI Prudential hikes capital by Rs 230 cr
ICICI Prudential Life Insurance Company on Monday announced an increase in its capital by Rs 230 crore taking the total capital to Rs 1,815...
08 Jan, 2007, 03.50 PM IST
- LIC may seek fresh equity to meet solvency norms
Life Insurance Corporation of India (LIC) will seek fresh equity infusion from the Centre to meet its solvency margin norms.
06 Oct, 2006, 02.16 AM IST