Insurance regulator tightens anti-money laundering rules
IRDAI has stiffened the anti-money laundering rules as part of consolidation of the guidelines for the sector. The rules issued Read more
regulator
IRDAI issues first R1 licence to ITI Reinsurance
IRDAI has given its first phase of licence to ITI Reinsurance, thus clearing the first ever Indian private sector reinsurance Read more
IRDAI may allow insurers to invest in banks’ AT-1 bonds
The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to see some activity with the Read more
LIC wants Axis bank to sell its life products
LIC owns about 15% in Axis Bank, but now it’s pushing Axis bank to sell insurance policies through its more Read more
Former UIIC Director, Asha Nair, joins the Board of Directors at Remedinet Technologies
The health insurance sector in India today is at a very critical juncture where changes and movements in various key Read more
LIC holds strong banking linkages
Life Insurance Corp. of India or LIC is ranked as the country’s 11th largest insurer in terms of loans. Read more
Distribution reforms the key, say insurance CEOs and regulator
In his Budget speech, Finance Minister P Chidambaram proposed liberalising the insurance distribution network by allowing banks to act as brokers. However, chief executives (CEs) in the insurance sector say it would take a long time before this is implemented. Read more
