Life Insurance News Insurers may get financial creditor status from govt November 21, 2023 admin 184 Views 0 Comments financial creditor, govt, Insolvency and Bankruptcy Code, INSURERS To make the surety bond business more attractive, the government is looking at making relevant changes in the Insolvency and Read more
Life Insurance News Govt nudges LIC to tweak strategy December 8, 2022 admin 212 Views 0 Comments govt, LIC, nudges, strategy The Central government in a bid to help insurance behemoth LIC to realise its full growth potential and yield better Read more
General Insurance News Govt may infuse Rs. 5000 crore in PSU General Insurers November 12, 2022 admin 233 Views 0 Comments General insurers, govt, 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
General Insurance News Govt tightens norms on IRDAI, public insurer top brass’ post-retirement jobs October 21, 2022 admin 273 Views 0 Comments govt, IRDAI, jobs, post-retirement, public insurer The Union government has asked top brass of IRDAI and public sector insurers to make a declaration that their post-retirement Read more
Life Insurance News Govt, LIC mull at least 51% stake sale in IDBI Bank October 1, 2022 admin 288 Views 0 Comments govt, IDBI Bank, LIC The government and life insurer LIC, which together own 94.71 per cent stake in IDBI Bank, are weighing in on Read more
Private life insurance Premium raised for flagship govt insurance schemes July 11, 2022 admin 256 Views 0 Comments flagship, govt, Insurance, premium, schemes The government raised the premium for its flagship insurance schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Read more
General Insurance News Govt may infuse Rs. 3K-5K cr into insurers June 7, 2022 admin 234 Views 0 Comments 3K-5K, govt, 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
General Insurance News Govt keen on privatizing general insurer this year June 7, 2022 admin 259 Views 0 Comments general insurer, govt, privatizing, year Success with the initial public offering (IPO) of Life Insurance Corp. of India (LIC) may prompt the government to privatize Read more
General Insurance News Govt issues rules for displaying fitness certificate on vehicles April 14, 2022 admin 306 Views 0 Comments certificate, govt, rules, vehicles Vehicles will have to display validity of fitness certificate and registration mark in a prescribed manner, as per a draft Read more
IRDA in India IRDAI takes up legal recourse issue with govt on surety bond business April 13, 2022 admin 294 Views 0 Comments business, govt, IRDAI, Legal IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more