IRDAI favours insurers selling mutual funds
India’s insurance regulator favours greater freedom for insurance companies to sell other products, including mutual funds. The financial services space Read more
mutual funds
Advantage Mutual Funds after tax blow on MLDs, insurance
The Rs 40-trillion mutual fund (MF) industry is expected to benefit from stripping tax advantages off high-ticket insurance products and market-linked debentures Read more
LIC invests Rs. 46,850 cr in equities during Apr-Jan
LIC has infused Rs 46,850.33 crore in equities in the first 10 months of FY20, according to official data. In Read more
Paytm to sell insurance and mutual fund
Paytm is planning a major thrust in the financial services sector. In coming months, the company is planning to launch Read more
NIA in the list of PSU insurers on agenda
The finance ministry is working on a plan to list state-run insurance giants, starting with New India Assurance. Others on the Read more
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
Should the insurance agents be solely blamed for mis-selling?
Many articles, many opinions and many comments across various newspapers, business channels and internet predominantly paint the agents in black… as if the “entire” blame for mis-selling rests with the agents. 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