Life Insurance News LIC eyes to double policy sales at 4 crore; intends to hire 2 lakh agents June 21, 2016 Bimabazaar- Adminstrator 876 Views 0 Comments agents, financial year 2015-16, IRDAI, LIC, premiums, S K Roy LIC is aiming to double its business in terms of new policy issuance to four crore in the current fiscal Read more
General Insurance articles Insurance penetration at 10-year low October 29, 2015 Bimabazaar- Adminstrator 954 Views 0 Comments Anup Rau, Central Europe, China, Eastern Europe, GDP, Insurance, IRDAI, penetration, premiums, swiss re, unit-linked product Insurance penetration, measured as a percentage of premiums to a country’s gross domestic product(GDP), has been on a constant drop Read more
IRDA in India IRDA dwindle distributors commissions October 6, 2015 Bimabazaar- Adminstrator 1102 Views 0 Comments Insurance, irda, LIC, Mis-selling, payments, policy, policyholders, premiums, S B Mathur, tie-ups The Insurance regulator under the proposed new rules has decided to reduce the commissions that take a big bite Read more
General Insurance articles A SNAP SHOT ON MICRO INSURANCE IN INDIA September 25, 2015 Bimabazaar- Adminstrator 1012 Views 0 Comments low-income, MICRO INSURANCE, premiums, Protection, Risk Introduction Risk is pervasive in the lives of poor and low-income groups. Economic, social, natural, and other factors distort household’s Read more
Life Insurance News LIC eyes Rs.31,000 cr first premium August 20, 2015 Bimabazaar- Adminstrator 959 Views 0 Comments Bangladesh, Insurance, LIC, policyholders, premiums, S K Roy, Singapore Life Insurance Corporation of India (LIC) is looking to collect at least Rs.31,000 crore as first year premiums from Read more