Budget 2023 Quote Insurance Industry Mr. Rakesh Goyal, Managing Director, Probus Insurance broker
“The insurance business was hoping the finance minister would include a few giveaways in this year’s budget. In the days Read more
Budget
Government vehicles to have life of maximum 15 years
The Centre is set to go for mandatory scrapping of government vehicles which are more than 15 years old even Read more
National Insurance and New India Assurance keen on strategic sale
Finance minister Arun Jaitley may have cleared the way for public listing of state-owned general insurers, but National Insurance and Read more
Health Insurance for Seniors – Summary of Budget 2016
Government in its budget of 2016 has introduced a new health insurance scheme that targets the families that are below Read more
Quote by Mr. Arijit Basu, MD & CEO, SBI Life Insurance, on Budget 2016 announcements:
“The Government’s endeavour to educate the common man on the importance of having life security related products like Life Read more
Pre Budget Note: An Opportunity to Transform Life Insurance Industry
Budget 2016 -17 can transform the life insurance industry in the country. Life insurance Companies have played a major role Read more
Budget Expectations 2016 – 2017 by KG Krishnamoorthy Rao, MD, CEO, Future Generali India
It is but quite natural for our expectations to be high from this year’s Union Budget given the progressive Read more
Pension business of life insurers plunges 90% to Rs 2,000 cr in FY15
The life insurance industry is bearing the brunt of a 90 per cent fall in pension business due to Read more
Distribution reforms the key, say insurance CEOs and regulator
In his Budget speech, Finance Minister P Chidambaram proposed liberalising the insurance distribution network by allowing banks to act as brokers. However, chief executives (CEs) in the insurance sector say it would take a long time before this is implemented. Read more
In times of blight, govt falters on insurance
– Off-budget expenses drain cash needed to pay premium for scheme for potato farmers
The cash-strapped state government has defaulted on paying its share of premium for a potato crop insurance, putting farmers in a spot at a time blight has infected the vegetable in large parts of West Midnapore and Burdwan. Read more
