News Room

Boom time for LIC policyholders

Friday 18, November, 2005 - If you are a policyholder of Life Insurance Corporation, get prepared for some good news. If you own a policy, which has a profit component, you will be receiving a special bonus as announced by the c ....

Aviva Life Insurance ties up with 11 cooperative banks

Tuesday 08, November, 2005 - Aviva Life Insurance has tied up with 11 co-operative banks across India. This tie up has made the company as the largest private insurer having the highest number of Bancassurance tie-ups in India. T ....

Stamping it out

Friday 04, November, 2005 - The technology of centralized processing system adopted by the private insurance companies has left the state government of Rajasthan fuming. This is so because it is affecting the revenue of the gove ....

General insurance companies yet to get major claims

Friday 04, November, 2005 - The bomb blasts that took place last week in Delhi has left everyone shocked. The damage caused due to this dreadful act has been quite massive. The estimated damage of these bomb blasts is Rs 50 cror ....

New guidelines for ULIPs

Friday 04, November, 2005 - IRDA is keen on making regulations for Unit linked plans that will run parallel on endowment policies. The insurance watchdog does not want ULIPs to lose its prime focus from life insurance cover henc ....

Large number of the claims still unsettled

Friday 04, November, 2005 - The incessant rainfalls on July 26th has led to tremendous loss of human and property alike. The insurers have received large number of claims due to this disaster. This figure has been so large that ....

LIC covers 2 lakh agricultural labourers

Wednesday 02, November, 2005 - In an innovative move, LIC has insured a massive 2-lakh agricultural labourers in Andhra Pradesh for a period of one year. These labourers have been covered under the ?Janashree Bima Yojana?, a plan t ....

General insurers offer beefy discounts, IRDA on the alert

Monday 31, October, 2005 - Earlier this month, Reliance Industries Ltd (RIL) and Indian Airlines (IA) walked off with a huge discounts of 10-15% and 28%, respectively in their 2005-06 insurance renewals. Another Mukesh Ambani c ....

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