Insurance sector looking for remunerative tax incentives

The Indian insurance sector is looking for remunerative tax incentives in Budget 2013-14 to boost sales volumes and increase penetration. While life insurers demand separate deduction limits for long-term insurance products, non-life insurers want special exemption categories for home and property insurance.

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Aviva Life Insurance appoints Rishi Piparaiya as Director, Marketing & Bancassurance

Aviva Life Insurance, announced the appointment of Rishi Piparaiya as Director – Marketing & Bancassurance. Rishi, who joined Aviva Life Insurance in 2009 as Director Bancassurance and Business Partnerships will now take on additional responsibilities for the Marketing function.

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Aviva Life insurance launched online term plan i-Shield

Private insurer Aviva Life Insurance recently launched i-Shield, an online term plan with return of premium. Aviva i-Shield provides life cover with a provision of return of 110 per cent of paid premium, in case the insured survives the policy term, the private insurer said in a release.

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Health insurance: Sooner the better

There are increasing number of people falling prey to lifestyle diseases at a young age. At the same time, the cost of health care is rising exponentially. As a result, paying off healthcare bills is crippling Indian households. Keeping this scenario in mind, investing in a comprehensive health insurance plan to safeguard the interest of the family, has become imperative.

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Personal Finance Outlook 2013: Insurance – Long-term story intact

TR Ramachandran : The year 2012 was a mixed year for the life insurance industry. While the challenges and uncertainties of last year still cast a shadow, the long-term prospects remain bright, given the strong fundamentals of the life insurance industry. The sector saw some significant long-term developments that will enable it to move to a sustainable long-term growth trajectory.

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Amit Malik appointed as Director- HR in Aviva Life Insurance

Mr. Amit Mallik has taken over as the Director – Human Resources of India’s leading private sector life insurer, Aviva Life Insurance. Mr. TR Ramachandran, CEO & MD, Aviva Life Insurance said, “I am delighted to have someone of Amit’s caliber join us at Aviva. Amit has proved himself to be an accomplished team builder with over 14 years across sectors in organizational development & human resources management. We look forward to his valuable contribution to our India operations.”

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Aviva Life Insurance launches Dhan Samruddhi plan

Private insurer Aviva Life Insurance today launched Dhan Samruddhi, a traditional money back plan with guaranteed returns. The product has been designed to build a long-term corpus along with the flexibility to fulfil their short-term financial needs, Aviva Life Insurance said in a release.

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