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IRDA cracks whip on corporate agents

Saturday 12, June, 2010 - MUMBAI: In a move to pin more responsibility upon insurance companies for actions of corporate agents, insurance regulator IRDA has said that a decision to appoint a corporate agent should be taken ....

Petitioner wants PIL on ULIP ban heard by HC

Friday 11, June, 2010 - Rajendra Thacker, who has filed a public interest litigation against SEBI's ban on sale of unit-linked insurance plans (ULIP) by insurance companies, urged the Bombay High Court on Thursday that the ....

Policies valid despite withdrawal of agency licences: IRDA

Thursday 10, June, 2010 - Insurance regulator IRDA today sought to assure customers that their policies would remain valid despite the withdrawal of licences of over 4,200 corporate entities, including HDFC Bank, Indiabulls ....

IRDA bans over 4,000 corporate agents

Wednesday 09, June, 2010 - The Insurance Regulatory and Development Authority (IRDA) has said that as many as 4,261 corporate agents, out of the total 7,000 in the country, are not authorised to sell policies from March 31, t ....

You’ll get to switch insurers, retain benefits too

Thursday 13, May, 2010 - Portability in health insurance is likely to become a reality soon. The General Insurance Council has recently submitted its revised format for portable health covers to the Insurance Regulatory & D ....

AIG, Prudential in talks to restructure Asian deal: Report

Tuesday 11, May, 2010 - American International Group Inc and Britain's Prudential Plc are in advanced talks to restructure the USD 35.5 billion sale of the US group's Asian unit in a move that would cut the cash considerat ....

Govt asks SEBI, IRDA to move court at once on ULIP issue

Wednesday 14, April, 2010 - Concerned over the ongoing public spat between the two regulators, Government today asked SEBI and IRDA to move court immediately on theSEBI-IRDA ULIP Row contentious issue of who will regulate unit ....

Insurance council says Sebi ban new ULIPs surprising

Tuesday 13, April, 2010 - The Life Insurance Council on Tuesday termed today's Sebi order of continuing its Friday ban to new Ulip schemes as "surprising" and said it will hurt the new players the most. "One was under th ....

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