IRDA in India Hearing on SBI Life vs Irdai adjourned August 14, 2015 Bimabazaar- Adminstrator 754 Views 0 Comments IRDAI, SAT, SBI LIFE The Securities Appellate Tribunal (SAT) has adjourned an appeal against the IRDAI in a hearing between SBI Life and the Read more
IRDA in India Equity investments be called approved investments: IRDAI August 14, 2015 Bimabazaar- Adminstrator 812 Views 0 Comments BSE 200, CNX 200, IRDAI, SEBI The Insurance Regulatory and Development authority of India (IRDAI), in its new draft on investments, said that the equity investments Read more
General Insurance News Agriculture insurance coverage needs to improve: RBI August 14, 2015 Bimabazaar- Adminstrator 824 Views 0 Comments Agriculture, farmers, FSR, Insurance, RBI The insurance coverage in the agriculture sector needs to be enhanced to protect the interest of farmers as well as Read more
General Insurance News GIC profit scales high to 20% in 2014-15 August 14, 2015 Bimabazaar- Adminstrator 835 Views 0 Comments GIC, gross premium, overseas State owned re-insurer General Insurance Corporation Re (GIC) has announced a profit of Rs.2,693 crore to 2014-15, an increase of Read more
General Insurance News DFS paves way for $3 bn inflow into insurance August 14, 2015 Bimabazaar- Adminstrator 878 Views 0 Comments DFS, FDI, FPI, HDFC, ICICI, IRDAI, Kotak Mahindra Bank The Department of Financial Services (DFS) has given the green signal to Kotak Mahindra Bank’s proposal to increase the foreign Read more
General Insurance articles XBRL: An Important Tool for Insurance Underwriting August 10, 2015 Bimabazaar- Adminstrator 1134 Views 0 Comments conversion process, underwriters, XBRL Insurance is necessary for protection against future financial loss from injury, illness, property damage, or liability for the losses of Read more
General Insurance articles Review of the draft “Road Transport and Safety Bill, 2014” August 10, 2015 Bimabazaar- Adminstrator 966 Views 0 Comments draft bill, Motor vehicle Insurance, s.147, s.149, s.230, s.233 1-Introduction On 13/09/2014, Ministry of Road Transport and Highways, Government of India, uploaded the draft “Road Transport and Safety Read more
International Insurance News Insurers appeal NDMA for new building code August 10, 2015 Bimabazaar- Adminstrator 876 Views 0 Comments earthquake, irda, NDMA, Non-life insurers Non-life insurers, along with the Insurance Regulatory and Development Authority (Irda), will soon make a representation before the National Disaster Read more
Health Insurance News West Bengal leads in Rashtriya Swasthya Bima Yojana August 10, 2015 Bimabazaar- Adminstrator 1304 Views 0 Comments BPL, Burdwan, Mamata Banerjee, RSBY, west bengal West Bengal has turned out to be the best performer in the Rashtriya Swasthya Bima Yojana (RSBY).Chief minister Mamata Banerjee Read more
Life Insurance News LIC commits Rs. 1.5 lakh cr investment in Railways August 10, 2015 Bimabazaar- Adminstrator 782 Views 0 Comments Indian railways, Indian railways finance corporation, LIC, MoU Life Insurance Corporation had committed to invest Rs 1.5 lakh crore in Indian railways over the next five years. As Read more