General Insurance articles Micro Insurance – Will initiatives & technology boost-up the vulnerable segment? July 31, 2015 Bimabazaar- Adminstrator 922 Views 0 Comments business model, low transparency, MICRO INSURANCE, pesticides distributors Micro-Insurance – At the moment in practice:From its origin, the concept of insurance remains same – distribution or transfer of Read more
International Insurance News Sigma 1/2015: emerging markets ready to spend for healthcare July 30, 2015 Bimabazaar- Adminstrator 773 Views 0 Comments Disability Income protection Gap, healthcare, Private health Insurance, Sigma The latest sigma study, Keeping healthy in the emerging markets: insurance can help (see download box at right), assesses the Read more
Life Insurance News SBI take into service PwC for valuation, IAG supports Deloitte for JV July 30, 2015 Bimabazaar- Adminstrator 755 Views 0 Comments Dai-chi Life Insurance, IAG, SBI, UBI State Bank of India is ardent to divest further stake in its foreign partner Insurance Australia Group, for which it Read more
Life Insurance News Bharti’s insurance ventures’ zooms high July 30, 2015 Bimabazaar- Adminstrator 1031 Views 0 Comments Bharti Axa, FIPB, General Insurance, life insurance The Bharti group’s stake valuation has gone up multiple times in both life and general insurance companies they were operational. Read more
Health Insurance News Half of the world’s rural population has no healthcare access: ILO July 30, 2015 Bimabazaar- Adminstrator 949 Views 0 Comments Asia-Pasific region, healthcare, ILO A recent ILO report has revealed that more than half of the world’s rural population (56 per cent) does not Read more
Life Insurance News LIC sets ambitious target for east zone July 30, 2015 Bimabazaar- Adminstrator 839 Views 0 Comments East Zone, Hemant Bhargava, irda, LIC, Pradhan Mantri Jeevan Joyti Bima Yojana With the back of a stronger product portfolio and tie-ups with the banks.The LIC is aiming for a 15 per Read more
Life Insurance News LIC raises stake in Canara Bank, Bank of Baroda July 30, 2015 Bimabazaar- Adminstrator 825 Views 0 Comments Bank of Baroda, Canara Bank, LIC The Life Insurance Corporation (LIC) has raised stake in state-owned Canara Bank by about 7.7 per cent through preferential allotment Read more
IRDA in India IRDAI mulling over e-Insurance July 30, 2015 Bimabazaar- Adminstrator 970 Views 0 Comments CAMS, CIRL, digitised policies, e-Insurance, e-policies, Insurance Repository, IRDAI, KIRL, LIC, NSDL, SHCIL Earlier the concept of E Insurance was piloted in paperless form through insurance repositories. However, it did not received a Read more
IRDA in India Global reinsurers firm steps in India with Indian CEOs July 30, 2015 Bimabazaar- Adminstrator 863 Views 0 Comments Global Reinsurers, ICICI Pru, IRDAI, Kalpana Sampat, RGA, swiss re After receiving licenses from the Insurance Regulatory and Development Authority of India which has paved the way of the reinsurers Read more
General Insurance News GDP in motor insurance to cross Rs. 38,000 cr by 2016-17 July 30, 2015 Bimabazaar- Adminstrator 831 Views 0 Comments Assocham Economic Research Bureau, CAGR, GDP, motor insurance The gross direct premium earned by general insurance companies from the motor vehicle industry in the own damage category is Read more