HDFC Life bets on bank/NBFC tie-ups to reach customers
HDFC Life Insurance believes that insurers need to cater to the complete lifecycle of a customer and is of the Read more
HDFC LIFE INSURANCE
HDFC Life Insurance Q3 net up 18%
HDFC Life Insurance has posted an 18.47 per cent increase in net profits for the third quarter of the fiscal Read more
HDFC Life insurance launches ClassicAssure Plus
HDFC Life insurance launches ClassicAssure PlusHDFC Life today launched a participating, traditional insurance plan, ClassicAssure Plus, with limited premium payment term and a guaranteed reversionary bonus during the premium payment term.
Insurance sector pins hope on new IRDA chief for turnaround
All eyes are now on the new IRDA chairman. With the insurance industry still coming to terms with its lacklustre performance in the past three years during which business fell steadily and pushed a majority of ULIPs and pension products almost off the radar. The hope rests on TS Vijayan’s ability to bring about a turnaround. Read more
Insurers want to tap RGESS to push Ulip sales
Insurance companies are keen to offer fund(s) approved under the Rajiv Gandhi Equity Saving Scheme (RGESS) to potential policyholders for unit-linked insurance plan (Ulip). Even the insurance regulator is with the sector on this. Read more
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. Read more
Reliance Life Insurance appoints Anup Rau as CEO
Reliance Life Insurance today announced the appointment of Anup Rau as the new chief executive of the company. His appointment is however subject to the approval from Insurance Regulatory and Development Authority (IRDA). Read more
Pension Super Plus and Single Premium Pension plans from HDFC Life Insurance
HDFC Life launch of two pension plans- HDFC Life Pension Super Plus, a regular premium unit linked plan and HDFC Life Single Premium Pension Super, a single premium unit linked plan. Read more
Finance Ministry may allow FDI in insurance through fresh equity
The new proposal to increase foreign investment in insurance may not mean that promoters of insurance companies get to cash in on a portion of their stake. That’s because the finance ministry may be inclining towards allowing additional foreign investment only though the issue of fresh equity, and not a stake sale. Read more
HDFC Life Insurance launches New Immediate Annuity Plan
HDFC Life, one of India’s leading life insurance companies, announced the launch of ‘HDFC Life New Immediate Annuity Plan’, a traditional annuity product with a wide range of annuity options that will ensure a regular income stream post retirement. Read more