International Insurance News Saudi Arabia Develops Stronger Capital Rules for Insurers November 17, 2017 admin 696 Views 0 Comments Saudi Arabia’s central bank is preparing tougher rules for insurance companies as part of a drive to create a smaller Read more
Life Insurance article ON OVERVIEW OF UNIVERSAL LIFE INSURANCE POLICY November 17, 2017 admin 2304 Views 0 Comments Introduction Life Insurance provides financial security to the insured’s dependents or loved ones, if something were to happen to insured Read more
International Insurance News Swiss Re estimates $3.6B in Claims from U.S. Hurricanes & Mexican Quakes November 17, 2017 admin 619 Views 0 Comments Swiss Re, the world’s second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States Read more
IRDA in India Inclusion of Indemnity based Health Insurance Product through PoS – General Insurers and Standalone Health Insurers November 16, 2017 admin 878 Views 0 Comments The Authority has received requests from many insurers to allow indemnity based health insurance products to be sold through Point Read more
International Insurance News Dutch Insurer Aegon eyes new acquisitions November 16, 2017 admin 671 Views 0 Comments Aegon NV, the Dutch insurer which generates most of its business from the U.S., is scouting for acquisitions and has Read more
Life Insurance News Government appoints retired officials on public insurer’s boards November 16, 2017 admin 664 Views 0 Comments The Central government has inducted some retired officials from the public sector insurance companies into the boards of Life Insurance Read more
IRDA in India Insurance regulator and Insurer penalized by Consumer Forum November 15, 2017 admin 684 Views 0 Comments A consumer redressal forum has, pulled up IRDA, asking the regulator and an insurance firm to pay compensation to a Read more
General Insurance News Allianz partners Shapoorji Pallonji for $500-million real estate fund November 15, 2017 admin 824 Views 0 Comments German insurer Allianz Group has entered into a partnership with construction giant Shapoorji Pallonji Group to set up a $500-million Read more
Insurance Articles BEWARE OF SPURIOUS CALLS AND FRAUDULENT OFFERS November 15, 2017November 15, 2017 admin 2504 Views 0 Comments Spurious calls in the name of regulatory organizations and government or quasi government authorities has been a problem which has Read more
General Insurance News Prime Minster’s Crop Insurance Initiative Increases Insurance Penetration November 14, 2017 admin 616 Views 0 Comments The penetration rate in general insurance segment has been stagnant around 0.7-0.8 per cent for several years, and has finally Read more