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New insurance regulator TS Vijayan gives the sector no reason to party, companies are up in arms, they say that the new guidelines for insurance products threaten to hurt an already bleeding industry. Read more
What is it with outgoing Indian bureaucrats and their tendency to become remarkably honest about all that is wrong with the Indian system, once they retire? Read more
The government   appointed T S Vijayan, 60, as the new chairman of the Insurance Regulatory and Development Authority (IRDA).
Vijayan’s appointment was cleared by the Prime Minister’s Office last week following green signal from the Central Vigilance Commission at January-end. Read more
The size of funds managed by insurers in the country is expected to reach a whopping level of Rs 30,00,000 crore over the next five years, marking a 70 per cent jump from current level, outgoing insurance regulator J Hari Narayan said recently. Read more
Insurance companies are keen to offer fund(s) approved under the Rajiv Gandhi Equity Saving Scheme (RGESS) to potential policyholders for unit-linked insurance plan (Ulip). Even the insurance regulator is with the sector on this. Read more