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IRDA?s e-insurance norms by June

Insurance Regulatory and Development Authority (IRDA) is likely to release final guidelines on e-insurance in the first week of June, according to sources in the know. The insurance regulator?s new guidelines are likely to make it mandatory for insur...Read More...

LIC - the kingpin

This is the article from Business Line comparing the performance of LIC with that of the rest of the Insurance companies. Follow the link and read the article. This came on 1.5.2014. If the link is not working then copy paste the link ...Read More...

LIC sells shares worth Rs 6,300 Crs

State-owned life insurer LIC lowered its exposure in 15 blue-chip firms during the January- March quarter with sale of shares that are currently worth over Rs 6,300 crore. At the same time, LIC increased stake in 12 Sensex firms by purchasing shar...Read More...

Mis selling of Insurance Policies

According to a report by PTI last week, buyers of insurance policies were promised gold coin, cash back, guaranteed return and in some cases a foreign trip by some private insurance companies that mis-sold products. For full story click here http:...Read More...

IRDA: New business premium in life

New business premium in the life insurance segment increased by 12 per cent in the year ended March 31, 2014, compared to the previous year, according to T S Vijayan, Chairman, Insurance Regulatory and Development Authority (IRDA). ?We have got on...Read More...

E-Insurance: Questions remain

Investors have been dealing with dematerialized shares of companies and mutual funds for quite some time now. The experience has been wonderful. They do not have to maintain shares or mutual funds in physical forms which are traded very often and are...Read More...

LIFE Insurers can file 5 prds/year

M Saraswathy, The Insurance Regulatory Development Authority (Irda) has come out with a new product planner rule by which an insurance company can file only five products for approval a year. But, this has not gone down well with the companies. Ac...Read More...