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Life insurers to send proposal to IRDAI against Section 45

India Infoline News Service | Mumbai | January 23, 2015 17:01 IST

The insurers would send a draft proposal seeking clarifications on whether all claims received would be payable after the duration of three years

Foreign Investment limit increased in the Insurance Law (Amendment) Bill

Max Life Insurance | Mumbai | January 23, 2015 13:35 IST

However, that is not all. While loads have been written about and debated as far as the Insurance Laws (Amendment) Bill is concerned, there is still much more to it.

Max Life Insurance launches a digital campaign for public awareness

India Infoline News Service | New Delhi | January 22, 2015 15:40 IST

The new campaign highlights the need for protection.

FM gets Opposition support for Insurance Bills

India Infoline News Service | Mumbai | January 22, 2015 13:49 IST

The finance minister has been promised support for the insurance ordinance and the GST Bill in the Upper House.

Life insurers rush to tie-up with DCB Bank

India Infoline News Service | Mumbai | January 22, 2015 10:47 IST

Besides the Birla Sun Life, several life insurers, including Reliance Life, are are planning to tie-up with the bank as a distribution partner

Heading out? Make sure you have insured your travel

January 21, 2015 14:52 IST

You have got your life insured, your home insured, your vehicle insured but when it comes to insure your travel, very few Indians pay heed to it.

LIC increases stake in Central Bank

India Infoline News Service | Mumbai | January 20, 2015 15:21 IST

LIC buys 8.28 crore shares through preferential allotment raising its stake to 15%

New insurance law: Many cases to fall under SAT purview

India Infoline News Service | Mumbai | January 19, 2015 14:17 IST

SAT has a three member team with one presiding officer and two members

Govt appoints Pournima Gupte as IRDA-actuary

India Infoline News Service | Mumbai | January 19, 2015 12:13 IST

Pournima Gupte, who was originally with Life Insurance Corporation, had worked as actuary at Reliance Life Insurance and IDBI Federal

IRDA to review agents' commission rules

India Infoline News Service | Mumbai | January 19, 2015 12:05 IST

According to the Insurance Act 1938, no insurance agent would get a commission exceeding 7.5% of the first year's premium

Cash deposits emerge as top sources of retirement income in India

India Infoline News Service | Mumbai | January 19, 2015 11:38 IST

India has the highest proportion (88%) of people in the world who prefer cash deposits for retirement income, says HSBC report

Oriental Insurance to open office in Qatar

India Infoline News Service | Mumbai | January 19, 2015 11:21 IST

A corporate regional office of the insurer would be opened in Madurai soon

E-polices: Policyholders may get some cut in premiums

India Infoline News Service | Mumbai | January 19, 2015 11:06 IST

The insurer subject to F&U guidelines may offer discount in premium in respect of those policies maintained only in the electronic form

IRDA examines new norms for banks as insurance agents

India Infoline News Service | Mumbai | January 19, 2015 10:10 IST

The banks have also been allowed to set up subsidiaries and joint venture companies for undertaking insurance business with risk participation

LIC Nomura Mutual Fund launches LIC Nomura MF RGESS Series 3

India Infoline News Service | Mumbai | January 16, 2015 18:39 IST

The allotment date of the scheme will be February 05, 2015 with the maturity of 3 years from the date of allotment i.e. February 05, 2018.

Insurance Newsletter - January 12 to 16, 2015

India Infoline News Service | Mumbai | January 16, 2015 14:41 IST

The new insurance ordinance stipulates that no insurer can acquire more than 5% in the promoter company.

RBI repo rate cut is positive move for equities: Bharti AXA Life

India Infoline News Service | Mumbai | January 15, 2015 16:01 IST

The timing of the rate cut came as a surprise and bonds reacted positively with yields falling by 10 to 12 bps, Bharti AXA Life says

Lower cost of borrowing would enhance corporate earnings: Future Generali India

India Infoline News Service | Mumbai | January 15, 2015 15:19 IST

Bank lending rates are expected to come down going forward. The lower cost of borrowing would enhance corporate earnings, Dr Nirakar Pradhan says

RBI will ease further by 25bp by March 2015: Kotak Life

India Infoline News Service | Mumbai | January 15, 2015 12:16 IST

Bond yields have softened and should continue to drift lower towards 7.5% in next one year if 50bp rate cuts materializes

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Reports

Another day, another high

India Infoline News Service / 09:04, Jan 22, 2015

The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.

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