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UNITLINKED INSURANCE PLANS
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 yearAfter the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into t...- 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...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
- ICICI Pru Life shares crash nearly 9% after Prudential plans stake cut below 10%ICICI Prudential Life Insurance shares fell sharply on Monday after reports that promoter Prudential plc may reduce its stake below 10% fol...
- ICICI Bank to retain majority stake in ICICI Pru Life as Prudential buys 75% in Bharti LifeICICI Bank will maintain its majority stake in ICICI Prudential Life Insurance following its partner Prudential's acquisition of a controll...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%In the coming quarters, two things will impact earnings: High crude oil prices and a weak rupee. A rising dollar puts pressure on the margi...
- Stock, mutual fund investing from Tier-2, 3 cities grows fast, but limited awareness, advisory gaps remain key concernsEven as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awaren...
- Belgian insurer Ageas eyes India growth, explores acquisitions for expansionBelgium's Ageas Group is prioritizing India's growth, aiming to break into the top 10 insurers in both life and non-life segments. The comp...
- 3-in-1 insurance: Soon, you can get life, health insurance and market linked investment in one combo productUnder the revised procedure, the insurers are now permitted to 'use and file' group unit-linked life and health insurance products. IRDAI h...
- IRDA proposes 25% of unit-linked insurance funds be invested in government securitiesG-sec investment could lower returns for investors and force insurance firms like ICICI Prudential and HDFC Life to deliver lower returns.
- Low Ulip charges pull down private life insurance companies' profitsWhile the bigger players saw profits fall over the previous year, smaller insurers substantially improved their bottomline.
- LIC's FY15 policy sales income hits a 10-year lowLIC's premium collection from sale of new policies fell to Rs 78,302 crore in the fiscal year ended on March 31, 2105, compared with Rs 90,...
- How to claim death benefits out of unit-linked insurance plansThe unit-linked insurance plans (Ulips) provide both death and maturity benefits to the policyholder.
- Bharti-AXA Life launches monthly income planLast few months have seen several life insurance companies launching traditional endowment plans, unlike earlier, when Ulips (unitlinked in...
- Irda to unveil new norms on unit-linked pension productsInsurance regulator Irda plans to review a rule that mandates insurers to offer guaranteed maturity benefits on unit-linked pension plans t...
- DLF Pramerica Life launches eight unit-linked productsDLF Pramerica Life Insurance has added eight new unit-linked products insurance (ULIPs) to its portfolio, including two with single premium...
- Ulips boost life insurance in May, JuneLife insurance sales have jumped in May and June as insurers pushed unit-linked insurance products (Ulips) earmarked for closure. Dozens of...
- Insurance companies ready new Ulips for July launchThe Insurance Regulatory and Development Authority has decided not to vet unit-linked insurance plans which will be introduced by companies...
- LIC unveils new gratuity plan, with lower feesLife Insurance Corporation’s (LIC) entry into group unit-linked business is likely to bring down management charges for retirement funds.
- LIC to drop individual ULIPs from June 30Life Insurance Corporation of India (LIC) will withdraw both its individual unit-linked insurance plans - Jeevan Plus and Future Plus - wit...
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