IRDA News: Traditional plans to acquire surrender value before completing 3 yrs
If the policyholder has a premium payment term of less than ten years, then he would be eligible for a GSV by the end of second year. Read more
If the policyholder has a premium payment term of less than ten years, then he would be eligible for a GSV by the end of second year. Read more
IRDA has issued R3 licente to Magma HDI General Insurance and Liberty Videocon General Insurance. Read more
Victims of road-accidents can now access the insurance policy details of the vehicle involved with a click of a mouse.
Read moreThe first-year premium underwritten by life insurance companies decreased 2.5 per cent in April 2012 compared to the year-ago period. Read more
Troubles continue to pile up for SKS Microfinance Ltd. The insurance regulator has found irregularities in the micro-finance institution’s handling of insurance of its clients.
Read moreWorld renowned musician Oscar-laureate A. R. Rahman’s live concert got insured for Rs 4 crore by one of Indian’s leading private sector insurer Future Generali India Insurance Company. The concert is to be orchestrated at D. Y. Patil stadium in Mumbai on 26th May’ 2012. Read more
Diversified business group Max India has reported to reduce net loss to Rs 1.39 crore for the fourth quarter ended on 31st March’ 12 from Rs 13.47 crore in the corresponding quarter of last fiscal due to the rich growth in specialty plastic products business. Read more
Leading insurer AEGON Religare Life Insurance will need approximately Rs100 crore fresh capital infusion this fiscal year, including Rs 25 crore within the next few months, to meet the regulatory requirements. Read more
MetLife Inc, the largest U.S. life insurer, said it plans to refocus its U.S. business and will seek to grow in emerging markets as part of a strategic plan that is set to be unveiled soon. Read more
The Central Crime Branch sleuths have arrested two persons on charges of cheating public by selling fake insurance policies.
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