Budget
Government vehicles to have life of maximum 15 years
National Insurance and New India Assurance keen on strategic sale
Health Insurance for Seniors – Summary of Budget 2016
Quote by Mr. Arijit Basu, MD & CEO, SBI Life Insurance, on Budget 2016 announcements:
Pre Budget Note: An Opportunity to Transform Life Insurance Industry
Budget Expectations 2016 – 2017 by KG Krishnamoorthy Rao, MD, CEO, Future Generali India
Pension business of life insurers plunges 90% to Rs 2,000 cr in FY15
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