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Tata AIG Life to become Tata AIA Life

Sunday 01, July, 2012 - The life insurance unit of Tata AIG will be called Tata AIA Life. After the 2008 crisis, American International Group (AIG) sold its 26 per cent stake in Tata Sons to its subsidiary American Internati ....

IRDA launches portal to educate public on insurance

Monday 25, June, 2012 - As insurance penetration remains relatively low in India, sector regulator IRDA today launched a website to educate consumers for buying insurance cover. "Consumer Education Website -- www.policyh ....

Reliance Life Insurance launches online life cover plan

Wednesday 20, June, 2012 - Reliance Life Insurance Company (RLIC), part of Reliance Capital Limited, today launched its first online life cover plan - Reliance Life Insurance eTerm - to meet the protection needs of every indivi ....

Weigh your options before choosing single premium plans

Sunday 10, June, 2012 - The Life Insurance Corporation of India (LIC) has recently launched Jeevan Vaibhav, a single premium product, despite the the Union Budget excluding single premium products from insurance plans that q ....

Insurance industry likely to see skill shortage

Thursday 24, May, 2012 - Courtesy the growing insurance penetration in the country, the sector is likely to face a shortage of skilled manpower, according to experts. "Manpower requirements differ from companies to compani ....

Cabinet may retain FDI cap in insurance sector at 26 pc

Wednesday 09, May, 2012 - The government may retain foreign direct investment in the insurance sector to existing 26 per cent as recommended by Standing Committee on Finance. The issue of foreign investment in insurance se ....

IRDA advised to study, relax norms for rural branches

Friday 27, April, 2012 - The government has asked the insurance sector regulator to examine and relax the branch opening norms for the smaller cities, hoping increased presence of insurance companies will boost penetration of ....

IndiaFirst premium grew by over 43 pc to Rs 1,000 cr in FY12

Wednesday 04, April, 2012 - Private insurer IndiaFirst Life Insurance today said it garnered premium at Rs 1,000 crore during FY12 by over 43 percent compared to the previous fiscal. IndiaFirst premium stood at Rs 700 crore i ....

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