India First Life to focus on microinsurance and protection plans
IndiaFirst Life Insurance Company, to drive growth, will focus on bancassurance, microinsurance and protection plans. RM Vishakha, Managing Director and Read more
bancassurance
IRDAI instruct insurers not to depend on banks for selling policies
The insurance regulator has warned life companies against overdependence on banks for selling policies. Banks are now the dominant mode Read more
Household Savings in India – A Catalyst for the Growth of Bancassurance Channel
I. Introduction Savings play a pivotal role in the capital formation of any country. The gross domestic savings (GDS) of Read more
OPERATIONAL CHALLENGES AND SWOT ANALYSIS OF BANCASSURANCE IN INDIA
Introduction: Liberalizations and deregulation of the financial sector, the greater use of financial engineering techniques and models, significant advances in Read more
SBI Life to Expand Bancassurance by 50%
The country’s biggest banking network SBI along with its insurer is planning to expand bancasurance channel by 50% alongside Read more
LIC emerged as a market leader in Bahrain, No. 3 in the UAE
Life Insurance Corporation (LIC) – India’s top life insurer has emerged as the market leader in Bahrain, part of Read more
Indian Life Insurance Industry: Promoting Innovation & Creativity for Growth & Development
The Indian life insurance industry, which was liberalized in 1999, allowing private sector players in the business, has grown at Read more
Banks get nod to act as insurance brokers
Finance Minister P Chidambaram said banks would be allowed to act as insurance brokers to increase insurance penetration in the country despite concerns expressed recently by the banking regulator against such a move. Read more
Reliance Life Insurance Company Q3 net profit soars 4-fold
Leading private sector insurer Reliance Life Insurance Company (RLIC) has recorded a four- fold jump in third quarter net profit to Rs 40 crore on the back of improved product portfolio and distribution base. Read more
Aviva Life Insurance appoints Rishi Piparaiya as Director, Marketing & Bancassurance
Aviva Life Insurance, announced the appointment of Rishi Piparaiya as Director – Marketing & Bancassurance. Rishi, who joined Aviva Life Insurance in 2009 as Director Bancassurance and Business Partnerships will now take on additional responsibilities for the Marketing function. Read more