News Room

Govt proposes insurance cover for deposit fraud

Wednesday 23, October, 2013 - The objective is to protect investors from fraudulent money-collection schemes. The government on Tuesday proposed compulsory insurance cover for public deposits collected by companies and penalty ....

Why you must avail of fringe benefits of endowment policy

Monday 07, October, 2013 - Are you stuck with an endowment policy from Life Insurance Corporation, or LIC, and don't know what to do with it? You know that the returns will not be more than 6% a year but cannot surrender the po ....

Not on Good Terms

Thursday 26, September, 2013 - Term plans have become popular over the years. One reason for this is the introduction of online policies with 30-40% lower premiums. Even so, there are consumers who expect returns from an insurance ....

Irda launches Insurance Repository System

Monday 16, September, 2013 - Finance Minister P Chidambaram launched the Insurance Regulatory and Development Authority's Insurance Repository System (IRS) in Hyderabad on Monday. Irda said the insurance repository system set ....

Car insurance premiums may rise on rupee fall: Industry

Monday 09, September, 2013 - Car insurance premiums may rise in days ahead as the cost of imported spare parts has increased in the recent months because of sharp depreciation of the rupee. The Indian currency has fallen more ....

Irda norms on banks as insurance brokers to help insurers: Reliance Life

Monday 12, August, 2013 - Reliance Life Insurance has welcomed insurance regulator Irda's decision to allow banks to become licensed insurance brokers, saying the move will benefit the sector immensely. The Insurance Regula ....

Aviva may exit from Indian market

Monday 05, August, 2013 - UK-based financial services major Aviva Plc is reportedly planning to exit from its over 10-year old Indian joint venture life insurance company with diversified FMCG player Dabur. Aviva is reporte ....

Buffett's Berkshire shuts insurance broking biz in India

Thursday 18, July, 2013 - At a time when Posco and Arcelor Mittal have shelved their mega steel projects in India, another global player, US billionaire Warren Buffett-led investment firm Berkshire Hathaway Inc has decided to ....

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