Life Insurance News LIC’s unclaimed money tops many ministries’ budgets March 9, 2022 admin 335 Views 0 Comments budgets, LIC's, ministries, Money The amount of money lying unclaimed with the Life Insurance Corporation of India dwarfs the budgets of many ministries. There Read more
Life Insurance News Aditya Birla Sun Life Insurance and Bharat Co-operative Bank (Mumbai) Ltd. Ink Bancassurance Partnership March 9, 2022 admin 563 Views 0 Comments Aditya Birla Sun Life Insurance, bancassurance, Bharat Co-operative Bank, partnership Collaboration to offer life insurance solutions of Aditya Birla Sun Life Insurance through Bharat Co-operative Bank’s (Mumbai) 103 plus branches Aims at Read more
General Insurance News General insurance industry in Hong Kong to cross $10bn in 2026, forecasts GlobalData March 8, 2022 admin 330 Views 0 Comments General Insurance, GlobalData, Hong Kong, industry Hong Kong general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.6% from HKD57.2bn ($7.4bn) in Read more
Life Insurance News Insurer gets time till Jan ’23 to dispose of ‘other investments’ March 8, 2022 admin 414 Views 0 Comments insurer, investments, LIC Life Insurance Corporation (LIC) has received the insurance regulator’s nod for time till January-end 2023 to dispose of investments in Read more
Life Insurance News LIC fares well in cost to premium ratio March 8, 2022 admin 267 Views 0 Comments fares well, LIC, premium, RATIO Life Insurance Corporation (LIC), which has a nearly two-thirds market share, fares well in agent productivity and in cost-to-premium ratio. Read more
Life Insurance News Govt files LIC DRHP, may mop up Rs. 1-lakh cr March 8, 2022 admin 284 Views 0 Comments DRHP, govt, LIC LIC filed its draft red herring prospectus (DRHP) with SEBI.The issue is completely an offer for sale of 31,62,49,885 equity Read more
IRDA in India IRDAI red-flags LIC investment in IFSC March 7, 2022 admin 470 Views 0 Comments IFSC, Investment, IRDAI, LIC Life Insurance Corp. of India’s (LIC’s) bid to buy 15% in India International Exchange (IFSC) Ltd (India INX), a stock Read more
IRDA in India Irdai raises concern over govt move March 7, 2022 admin 277 Views 0 Comments concern, govt, IRDAI The insurance regulator has raised corporate governance concerns over the government’s move to appoint one person as chairman of two Read more
IRDA in India IRDAI wants insurers at par with banks on legal recourse for surety bonds March 7, 2022 admin 330 Views 0 Comments bonds, INSURERS, IRDAI, Legal, recourse, surety IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more
IRDA in India IRDAI proposes to make policyholders less accountable while porting health policy March 7, 2022 admin 332 Views 0 Comments accountable, health policy, IRDAI, policyholders Soon, insurers may be solely responsible for collecting the policyholder’s claims information from the existing insurer after porting of a Read more