Samsung Life Insurance eyes Pramerica stake in DLF JV

South Korea’s largest insurance company,Samsung Life Insurance is in talks with DLF -Pramerica to buy Pramerica’s 26% stake in the insurance joint venture to enter India. Even after the exit of ING from Indian insurance sector by selling off its 26% stake in joint venture ING Vysya Life Insurance, several foreign players are eying to enter India. Read more

Reliance Life to launch new pension plan next month

Leading private insurer Reliance Life plans to launch a new pension plan as early as next month and has sought the sector regulator IRDA’s approval for the same, a top official said. Read more