News Room

One health insurance policy to fit all

Friday 02, January, 2009 - MUMBAI: Non-life insurers will, in the near future, develop a standardised mediclaim policy to facilitate portability in health insurance . Besides having uniform coverage, the policy would ....

Insurers bet on assured returns

Friday 02, January, 2009 - CHENNAI: With stock market -related unit linked insurance plans (Ulips) hardly finding any takers now, life insurers have launched old favourites: guaranteed return products. Hoping to cash in o ....

IRDA appoints committee for TPAs

Wednesday 31, December, 2008 - MUMBAI: The Insurance Regulatory and Development Authority has appointed a committee headed by former LIC chaiman SB Mathur to look into the working of third-party administrators (TPAs). Among ....

New insurance JVs jammed

Tuesday 30, December, 2008 - The financial crisis in the US and Europe has resulted in several prospective insurance entrants putting their plans to set up joint venture companies in India on the backburner as they consolidate th ....

Industry hails insurance bill to raise FDI cap, Left sulks

Saturday 27, December, 2008 - NEW DELHI: The government's move to table the insurance bill in Parliament may not have gone down well with the Left, but the industry welcomed the move saying higher Foreign Direct Investment woul ....

IDBI Fortis Life Insurance launches Bondsurance

Friday 26, December, 2008 - 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 und ....

Reliance Life launches two plans with guaranteed returns

Tuesday 23, December, 2008 - MUMBAI: Anil Dhirubhai Ambani Group firm Reliance Life Insurance on Monday said it has launched two unit-linked insurance plans with insurance and pension options, which assure investors of guarant ....

Reliance Life launches ULIPs with guaranteed return

Monday 22, December, 2008 - NEW DELHI: Reliance Life Insurance has announced the launch of two unit-linked plans under Reliance Guaranteed Return Plan Series I with insurance and pension options, assuring financial security w ....

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