News Room

LIC suffers a premium jolt in Apr-Nov

Thursday 08, January, 2009 - KOLKATA: Tight liquidity situation prevailing in the market seems to have hit the Life Insurance Corporation of India (LIC) more than private life insurers. During April-November 2008, the PSU ....

BSLI enters health insurance buisness

Wednesday 07, January, 2009 - MUMBAI: Birla Sun Life on Wednesday enters into the Rs 2 lakh crore health insurance business with the launch of two plans nationally. "By introducing health plans, we complete the handshake wi ....

ICICI Prudential Life Insurance launches Health Saver

Tuesday 06, January, 2009 - ICICI Prudential Life on Monday launched Health Saver, to help consumers meet their current healthcare expenses and also invest for future healthcare expenses. Further, Health Saver is also the onl ....

IRDA eases solvency margins for Ulips

Friday 02, January, 2009 - HYDERABAD/MUMBAI: In a move that will save the life insurance industry several hundred crores in capital requirement, the insurance regulator has eased solvency margins for unit-linked insurance p ....

IRDA appoints committee for TPAs

Friday 02, January, 2009 - a rate of 37% since `02 and currently stands at Rs 5125cr. The industry is expected to continue growing at compounded growth rate of 25-30%. The consultancy firm in a recent report said that non-l ....

Rs 300 cr addl capital to be infused into Future Generali

Friday 02, January, 2009 - MUMBAI: Future Generali Life Insurance Company, will see a capital infusion of Rs 300 crore and a portfolio of 20-products by end-March, a top company official said. "Our present capital stand ....

IDBI Fortis Life Insurance launches Bondsurance

Friday 02, January, 2009 - MUMBAI: IDBI Fortis Life Insurance on Friday launched Bondsurance, which offers guaranteed return on investment along with life insurance cover. Investment in the plan is eligible for deduction ....

Insurance growth to slow down, says IRDA chief

Friday 02, January, 2009 - HYDERABAD: The growth in domestic insurance companies will slow-down to 17% this fiscal compared to 24% last fiscal following a dip in ULIP sales, according to the IRDA chief J Hari Narayan said ....

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