News Room
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 ....
Life insurers relieved after truce between IRDA, SEBI
Monday 12, April, 2010 - Life insurance players on Monday heaved a sigh of relief following a truce effected by the finance ministry between the two regulators--SEBI
and IRDA-- on the ULIPs issue.
Both the capital marke ....
New Irda model to give life cos more financial stability
Saturday 20, March, 2010 - Life insurers will see more financial stability in their business, with the insurance regulator mandating them to adopt a new model to
assess various risks and compute the capital needed to cover su ....
Hidden gems for life insurance policyholders, agents
Tuesday 02, March, 2010 - There are hidden gems for policyholders and insurance agents in the Union Budget. Last year a provision to impose service tax on all charges
levied by life insurers on ULIP policyholders has been re ....
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