LIC has come up with a special revival campaign for revival of...
Category:
Life
Latest
Centre pushes financial inclusion with insurance, health schemes for all
Pankaj Chaudhary,Minister of State for Finance According to the...
Govt appoints IDBI Capital, and Motilal Oswal for LIC’s OFS
The OFS , which could be between 2.5% and 3% of government's equity...
China pushes commercial insurers in bid to boost local biotechs
The 3.5 trillion yuan ($486 billion) fund — which covers medical expenses for roughly 95% of China’s 1.4 billion people — will also set up a catalog of innovative drugs that can be reimbursed by commercial insurers, according to the document. The list could lead to...
FSIB panel headed by BS Sharma gets one year extension
For insurance sector appointment, Usha Sangwan, former Managing Director, LIC, A.V. Girija Kumar, former Chairman and Managing Director, Oriental Insurance Company Ltd and Sujay Banarji, former whole-time member (distribution), IRDAI, too have been given extension as...
Generali announces Central Bank as its new joint venture partner in 2 Indian insurance JVs
Generali will be holding a 74% stake while Central Bank of India will be holding up to 26% in the joint venture Jaime Anchústegui, deputy CEO, Insurance, Generali Group, commented: “We are pleased to announce this new chapter for our business in India together with...
LIC CEO Bhanoo seeks govt push for taking insurance education to cities and schools across India
P. Jaipuria, secretary general, Insurance Institute of India, S.N. Bhattacharya, Secretary General, Life Insurance Council, Sat Pal Bhanoo, CEO & MD (In-charge), Life Insurance Corporation, Inderjeet Singh, Secretary General Insurance Council, Kavita...
Finmin asks public sector banks to monetise investments in subsidiaries via listing on bourses
For example, the country's biggest lender State Bank of India may look at listing SBI General Insurance and SBI Payment Services in the future after they scale up their operations.The general insurance arm of SBI has allotted 3,71,693 equity shares of ₹10 each during...
Indian life insurance industry to launch its Rs 450 crore nationwide multimedia campaign on July 2
Swaminathan S Iyer, member, Life, IRDAI, will be in Mumbai along with other CEOs of life insurance industry to unveil the multimedia public awareness Initiative for consumer education and action that will continue for couple of years Mumbai: After the Indian general...
Insurers have to ensure premiums are reasonable and affordable: DFS secretary
M Nagaraju, Secretary, Financial Services Banks need to ensure that there is no mis-selling of insurance to customer and premium are affordable so as to help increase market penetration for such products New Delhi: Observing that high premiums dissuade people from...
Fairfax appoints Amitabh Kant as a senior advisor
Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. Go Digit, backed by Fairfax, has a general insurance company, a life insurance company and a...
HDFC Life launches East-focused campaign in West Bengal and Odisha to drive the need for financial preparedness
Consumer studies from the East indicate that lifestyle improvement is on top of the list in terms of financial goals. Individuals aspire to enjoy their life to the fullest with their families – outings, vacations, celebrating cultural events, etc. Mumbai: HDFC Life,...
Urban Indians are insured, yet financially exposed: Report
The report spotlights the underinsurance of working women. Only 19 per cent of working women have life insurance in their own name, despite contributing to household incomes.The study found that in 61 per cent of cases, policies were purchased for them, not by them,...