Insurance, MFs cos may get nod for commodity futures

The government is in talks with capital markets regulator SEBI and insurance body IRDA to ensure that mutual funds and insurance firms are also allowed to enter the commodity futures markets. This follows a similar move to enable banks to enter the segment by amending the banking regulation law. Read more

IRDA News: `Pension products must have annuity for approval’

J Hari Narayan hit out at companies filing for approval of pension products that do not have the pension element in it. Addressing reporters at an insurance summit organised by Assocham, he said: “Products which have been called pension products and filed for approval are not pension products. They may call it such but it is not. It’s much like a mutual fund product in which you make a periodic investment and anytime can pull it back… Hence, it will not be approved.” Read more

Guarantee Advantage Plan (UIN No: 133N027V01) from Future Generali Life Insurance Co. Ltd.

Life inspires us to look ahead, for a better future, for better investments. Change is the rule of life. Times Read more

Brand Building in Insurance Industry in India

Is it not disconcerting to find that the Indian insurance industry particularly the general insurance has failed to- make a headway despite its long presence? Read more