Introduction: Liberalizations and deregulation of the financial sector, the greater use of financial engineering techniques and models, significant advances in Read more

Online user experience poor with Indian life insurers

The years of efforts by the India’s insurance regulator IRDA to ensure insurance companies make their insurance products easily understood by customers doesn’t seem to have yielded the desired results. Read more

Life insurance industry’s profit doubles to Rs 5,974 cr

Even as premium income fell, the life insurance industry’s net profit more than doubled during 2011-12, at Rs 5,974 crore, against Rs 2,657 crore the previous year. Of the 24 life insurers in business during the last financial year, 14 reported profits, according to the Insurance Regulatory and Development Authority’s annual report for 2011-12. Read more

IRDA News: Life insurer’s premium mop-up drop 3.45 pc in Apr-Oct

Premium collected by life insurance companies dropped 3.45 per cent in the April-October period due to various factors that are influencing the financial sector as a whole.

As per the data released by the Insurance Regulatory and Development Authority of India (IRDA), premiums collected by 23 private sector companies and lone state-owned LIC totalled Rs 53,814.09 crore during the period. Read more

Insurance : Industry On Growth Path

Indian insurance industry is booming. With the stock market booming and with more disposable incomes in the pockets of young and the employed, life insurance in on an upswing and the industry can expect 40% growth in 2005-06 with the right strategies. Read more