Max Life
LIC wants Axis bank to sell its life products
Life Insurance sector triggers 20% growth in Q1
Max Life Super Term Plan
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
Insurance News: Indian insurers need more than FDI
India’s proposal to allow more foreign investment in its $41 billion insurance business provides a lifeline for an industry starved  of capital and squeezed by regulation – but it may not pass parliament and it may not be enough.
India’s insurance business was full of promise when it was thrown open to competition in 2000, but has instead been brought to  its knees by losses, regulatory change, uncertainty and a sharp slowdown in economic growth.
Read moreMax Life to pay death claims in 10 days
Max Life Insurance today introduced a ‘Claims Guarantee’ customer-centric initiative to provide a friendly and hassle-free death claim within 10 days. Read more