Govt nudges LIC to tweak strategy
The Central government in a bid to help insurance behemoth LIC to realise its full growth potential and yield better Read more
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Govt may infuse Rs. 5000 crore in PSU General Insurers
The central government will reportedly infuse Rs 5,000 crore as equity support into PSU general insurers. “A fresh assessment may Read more
Govt tightens norms on IRDAI, public insurer top brass’ post-retirement jobs
The Union government has asked top brass of IRDAI and public sector insurers to make a declaration that their post-retirement Read more
Govt, LIC mull at least 51% stake sale in IDBI Bank
The government and life insurer LIC, which together own 94.71 per cent stake in IDBI Bank, are weighing in on Read more
Premium raised for flagship govt insurance schemes
The government raised the premium for its flagship insurance schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Read more
Govt may infuse Rs. 3K-5K cr into insurers
The government may infuse Rs 3,000-5,000 crore additional capital in the three public sector general insurance companies based on their Read more
Govt keen on privatizing general insurer this year
Success with the initial public offering (IPO) of Life Insurance Corp. of India (LIC) may prompt the government to privatize Read more
Govt issues rules for displaying fitness certificate on vehicles
Vehicles will have to display validity of fitness certificate and registration mark in a prescribed manner, as per a draft Read more
IRDAI takes up legal recourse issue with govt on surety bond business
IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more
Govt wary of insurance inflating healthcare costs
Revenue secretary Tarun Bajaj said that the government is wary about health insurance driving up healthcare inflation. Responding to a Read more
