International Insurance News Insurers in Japan expand foreign bond portfolio to enhance yield August 20, 2015 Bimabazaar- Adminstrator 877 Views 0 Comments Insurance, Iwao Matsumoto, Japan, Life, Roland Mexico, Sumitomo LIfe Japanese life insurers are investing in the sovereign bonds of emerging countries such a Roland and Mexico, as ultra Read more
International Insurance News Insurance deal: Ace to buy Chubb for $28.3 billion August 20, 2015 Bimabazaar- Adminstrator 919 Views 0 Comments Ace Ltd, Allianz, Chubb Corp, Evan Greenberg, John Finnegan, mansions, yachts Swiss insurer Ace Ltd, with operations in more than 50 nations, has agreed to purchase US based property and Read more
Health Insurance News Cancer insurance acquires a key position in the health market August 20, 2015 Bimabazaar- Adminstrator 891 Views 0 Comments cancer, HDFC Life, healthcare, niche insurance “Cancer insurance is going to be an important segment for the healthcare insurance market and a niche insurance product Read more
Health Insurance News IRDAI moots radical changes in health insurance August 20, 2015 Bimabazaar- Adminstrator 824 Views 0 Comments health policy, incentive, IRDAI, non-life insurer, policyholder The regulator is planning massive changes in health insurance, which include more incentive for healthy policy holders and a Read more
Life Insurance News LIC eyes Rs.31,000 cr first premium August 20, 2015 Bimabazaar- Adminstrator 956 Views 0 Comments Bangladesh, Insurance, LIC, policyholders, premiums, S K Roy, Singapore Life Insurance Corporation of India (LIC) is looking to collect at least Rs.31,000 crore as first year premiums from Read more
Life Insurance News Life Insurance Council takes into custody PMJJBY viability August 19, 2015 Bimabazaar- Adminstrator 815 Views 0 Comments IRDAI, LIC, Reinsurance, V Manickam Life Insurance Council is working hard towards making the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) attractive for its Read more
Life Insurance News LIC surplus jumps by 10.33% in FY 15 August 19, 2015 Bimabazaar- Adminstrator 870 Views 0 Comments Business Standard, LIC, policies, SBI Life Insurance Corporation of India (LIC) reported a surplus of Rs.1,803.05 crore in FY 15, up 10.33 per cent Read more
General Insurance News GIC Re more interested to acquire license than Lloyd’s membership August 19, 2015 Bimabazaar- Adminstrator 843 Views 0 Comments Bhutan, gic re, Lloyd's, London, Qatar Insurance company, Saxum, syndicate State owned reinsurer General Insurance Corporation Re has abandoned its expedition to buy a Lloyd’s of London syndicate member Read more
General Insurance News Most Indians without home insurance: Bajaj Allianz General August 19, 2015 Bimabazaar- Adminstrator 888 Views 0 Comments Bajaj Allianz General, EARTHQUAKES, HOME INSURANCE, Natural Calamities A survey by Bajaj Allianz General Insurance said although 75 per cent of respondents were aware that home insurance was Read more
Life Insurance News LIC gears up with the recruitment of apprentice officers August 14, 2015 Bimabazaar- Adminstrator 859 Views 0 Comments LIC, Mumbai, recruitment, vacancy Life Insurance Corporation of India (LIC) will recruit 5,066 people for the post of Apprentice Development Officers in its Read more