Budget
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
Insurance, pension bills on agenda for budget session
The government proposes to push through key economic reform Bills in areas such as insurance, pension and corporate law in the Budget Session of Parliament beginning recently. Read more