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The Insurance Regulatory and Development Authority (Irda) has allowed insurance companies in India to conduct business overseas. The companies can do business in the life insurance, non-life insurance and in re-insurance space.
Budgets are usually preceded by intense speculation over various proposals, and this year is no different. While most industry forums and companies suggest measures relating to indirect taxes, the financial services industry also draws up a wishlist of direct tax proposals. Read more
When Tapan Singhel first interviewed for a job with Bajaj Allianz General Insurance Co (BAGIC) back in 2001, it didn’t go too well. He was tentative about giving up his government job at New India Assurance and was roundly ticked off by his potential boss for his diffidence. Read more
Private sector insurer Bajaj Allianz General Insurance hopes to close the current fiscal with a gross premium of Rs 4,000 crore. Read more
Bajaj Allianz General Insurance has launched an app named ‘Eezee Tab’ on the Android based platform to instantly issue or renew motor insurance policies as well as register claims. Read more
Health insurance is likely to become the largest sub-segment of general insurance in the next seven to eight years, overtaking the motor vehicle insurance segment. Read more
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