News Room

Oriental Insurance launches Happy Family Floaters Policy

Wednesday 17, December, 2008 - NEW DELHI: Country's second largest public sector general insurer Oriental Insurance Company today launched a comprehensive health cover for family. "Happy Family Floaters Policy aspires to pro ....

LIC, SBI, PNB to go for major hiring

Tuesday 16, December, 2008 - MUMBAI: Undeterred by the economic downturn and lower sales volume, state-owned banks and India's largest Insurer, Life Insurance Corportaion (LIC) have initiated steps for recruitment of around 45 ....

Insurance industry expects growth to moderate to 20-25 pc

Monday 15, December, 2008 - NEW DELHI: Economic slowdown has started taking toll on the insurance sector too with most life insurance players expecting moderation in new business premium collection in the remaining fiscal. ....

Future Generali to invest Rs 370 cr this fiscal

Thursday 11, December, 2008 - NEW DELHI: Future Generali, the insurance joint venture between Kishore Biyani-promoted Future Group and Italian insurance major Generali Group, would pump in Rs 370 crore this fiscal to shore up e ....

SBI Life sees 80 pc rise in FY09 premium income

Tuesday 09, December, 2008 - MUMBAI: SBI Life Insurance hopes to garner 85 billion rupees of new business and sees premium income surging 80 percent in 2008/09, Chief Executive US Roy said on Monday. The life insurance un ....

Jeevan saathi LIC to pump in Rs 12K cr in equities

Tuesday 09, December, 2008 - MUMBAI: The Life Insurance Corporation of India — the country’s largest investment institution — is set to invest a further Rs 15,000 crore in debt offerings over the next four months. LIC, whi ....

IRDA mulls insurance products in vernaculars

Tuesday 09, December, 2008 - MUMBAI: The Insurance Regulatory and Development Authority (IRDA) on Tuesday said it is mulling developing insurance products in vernaculars. "It is a suggestion. Languages of the products and ....

MetLife to gain from strong capital position: analysts

Tuesday 09, December, 2008 - MetLife Inc, the largest U.S. life insurer, is likely to benefit from its strong capital position relative to the overall industry, analysts said. Shares of the company rose almost 16 per cent ....

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