News Room

Differential penalty quantum a normal practice: T S Vijayan

Thursday 09, October, 2014 - T S Vijayan, the chairman of the Insurance Regulatory and Development Authority (Irda), on Friday said the practice of imposing differential penalties on companies was a normal practice. “The reg ....

CignaTTK Health Insurance launches global group health cover

Saturday 04, October, 2014 - CignaTTK Health Insurance has launches global group health cover Should you opt for a high-value health cover? CignaTTK Health Insurance launches operations Don't wait to buy health cover Suicide ....

Merger and acquisition activity gathers momentum in insurance

Friday 03, October, 2014 - The Indian insurance sector has, of late, been witnessing a spate of mergers and acquisitions (M&As) with many joint venture partners expressing their intent to look for new partners. Over the past ....

United India Insurance keen to re-enter overseas markets

Sunday 28, September, 2014 - Public sector general insurer United India Insurance has said it is looking to re-enter the overseas markets and will soon carry out a feasibility study to assess the business potential. The compan ....

J&K floods to have 'minimal' impact on LIC, says its chairman

Sunday 21, September, 2014 - Life Insurance Corporation, which has nearly 13 lakh customers in flood-ravaged Jammu & Kashmir, has said the financial impact of the massive tragedy would be "very minimal" on the company. "Financ ....

Canara HSBC OBC Life launches CHOICeNET

Wednesday 17, September, 2014 - Canara HSBC Oriental Bank of Commerce Life Insurance today announced e-integration in bancassurance with the launch of CHOICeNET, a portal embedded with the partner banks' intranet that allows bank em ....

Health Insurance TPA of India to begin operations by April

Saturday 13, September, 2014 - The Health Insurance TPA of India Ltd, set up to manage the health claims of public-sector general insurers, would begin operations by April 2015, an official said. The company had secured the Insuran ....

Two-wheeler insurance policies to get cheaper, easier to buy

Monday 25, August, 2014 - Comprehensive two-wheeler insurance policies would soon get cheaper once policies with three-year validity come into effect. Large insurance companies such as ICICI Lombard and Tata AIG General Insura ....

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