insurance industry

Insurance industry need to innovate, simplify products: Study


August 5th, 2012 - 8:14 pm ICT by IANS
New Delhi, Aug 5 (IANS) India's insurance industry needs to innovate, simplify products and build trust amongst the customers through effective distribution claims management in order to ensure growth in ... Read more...

Posted in Business |

IRDA plans guidelines to regulate micro-insurance


July 6th, 2012 - 9:53 pm ICT by IANS
Kolkata, July 6 (IANS) India's Insurance Regulatory and Development Authority (IRDA) Friday said it is planning to come out with guidelines for the micro-insurance segment in the country to ensure ... Read more...

Posted in Business |

‘Chinese insurance sector needs healthy growth


April 22nd, 2012 - 3:42 pm ICT by IANS
Shanghai, April 22 (IANS) Chinese Vice Premier Wang Qishan has urged accelerated reform and innovation in the country's insurance industry to promote healthy and stable development.Wang said here that the ... Read more...

Posted in Business |

It is a status quo budget with routine announcements: Insurance sector (Lead)


March 16th, 2012 - 7:44 pm ICT by IANS
Chennai, March 16 (IANS) The Indian insurance industry is unanimous that the 2012-13 budget presented by Finance Minister Pranab Mukherjee is status quoist and the hike in service tax ... Read more...

Posted in Business |

China gets $226 bn in insurance premium in 2011


January 8th, 2012 - 5:05 am ICT by IANS
Beijing, Jan 8 (IANS) Insurance companies in China reaped around 1.43 trillion yuan ($226 billion) in premium amounts last year, a statement said.The total premium was up 10.4 percent year-on-year, ... Read more...

Posted in World |

Indian software firm awarded for innovative product


November 18th, 2011 - 8:04 pm ICT by IANS
New Delhi, Nov 18 (IANS) An Indian information technology (IT) firm RMSI has been given the 'Technology Initiative of the Year' award by the Asian insurance industry for providing a ... Read more...

Posted in Sci-Tech |

BJP blocking key economic reforms: PM


June 30th, 2011 - 8:53 pm ICT by IANS
New Delhi, June 30 (IANS) Accusing the Bharatiya Janata Party (BJP) of playing politics and blocking key economic reforms, Prime Minister Manmohan Singh hoped key legislation in areas such ... Read more...

Posted in Business |

Indian insurers don’t have database for Solvency II: Regulator


June 23rd, 2011 - 7:07 pm ICT by IANS
Kolkata, June 23 (IANS) The Indian insurance industry does not have the statistical database to adopt Solvency II - new rules likely to change the way insurance companies keep aside ... Read more...

Posted in Business |

Oz mums would rather change dirty nappies than get life insurance


March 8th, 2011 - 6:00 pm ICT by ANI
Melbourne, Mar 8 (ANI): A survey has found that mums in Australia would rather change dirty diapers, visit the dentist or get a pap smear than face the reality of getting life ... Read more...

Posted in World |

Insurance regulator bracing for spat with judiciary


February 14th, 2011 - 3:55 pm ICT by IANS
By V. Jagannathan Chennai, Feb 14 (IANS) Tasting success in the turf war with the Securities and Exchange Board of India (SEBI) last year in connection with regulating unit-linked insurance policies (ULIPs), the ... Read more...

Posted in Business |

SBI sets infrastructure credit limit at Rs.1 tn


February 11th, 2011 - 5:35 pm ICT by IANS
Kolkata, Feb 11 (IANS) India's largest lender State Bank of India (SBI) has set a credit limit of Rs.1 trillion (Rs.1 lakh crore/$22 billion) for the infrastructure sector, a top official ... Read more...

Posted in Business |

SEBI sets disclosure terms for life insurance companies


October 26th, 2010 - 1:52 pm ICT by ANI
Mumbai, Oct 26 (ANI): The Securities and Exchange Board of India (SEBI) has spelt out disclosure norms for the life insurance companies if they sell shares to the public through Initial Public ... Read more...

Posted in Business |

Study: Texting Ban doesn’t increase road safety


September 29th, 2010 - 12:08 am ICT by Aishwarya Bhatt
Sep 28 (THAINDIAN NEWS) US auto insurance industry funded a study on how the texting ban has affected the safety of the roads. And the results are surprising to say the least!The ... Read more...

Posted in Sci-Tech |

Need to simplify insurance products: Official


September 28th, 2010 - 10:05 pm ICT by IANS
Mumbai, Sep 28 (IANS) The insurance regulator Tuesday said companies should simplify the complex legal language used for insurance policies, which was proving a deterrent to growth of the industry. "If we make ... Read more...

Posted in Business |

Barack Obama’s Healthcare Change Policies Becoming Effective From Thursday


September 22nd, 2010 - 8:34 pm ICT by GD
By Ranjan Bhaduri Washington, Sep 22, (THAINDIAN NEWS) The health care changes proposed by the Obama administration are going to become effective from tomorrow. The changes will put an end to the insurance ... Read more...

Posted in Politics |

Generate required level of awareness about insurance benefits to poor: Mukherjee


September 1st, 2010 - 8:58 pm ICT by ANI
Mumbai, Sep 1 (ANI): Finance Minister Pranab Mukherjee on Wednesday asked the insurance companies to create awareness among the poor and vulnerable section of the society especially the people living in ... Read more...

Posted in Business |

New ULIP norms will build investor confidence: Pranab


September 1st, 2010 - 8:51 pm ICT by IANS
Mumbai, Sep 1 (IANS) Finance Minister Pranab Mukherjee said the new norms for unit-linked insurance plans (ULIPs) which kicked in Wednesday are aimed at building investor confidence. "Reforms are not static, ... Read more...

Posted in Business |

Facebook, Twitter users prone to burglaries, say insurers


March 22nd, 2010 - 4:19 pm ICT by ANI
London, Mar 22 (ANI): Insurers are urging their clients not to leak out their holiday details on Facebook and Twitter, for burglars use such sites to target homes.The irresponsible behaviour of ... Read more...

Posted in World |

Excerpts from President Obama’s remarks on health insurance reform today


March 8th, 2010 - 10:02 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) — The White House on Monday released the following excerpts from President Barack Obama’s remarks on health insurance reform today at Arcadia University."Every year, insurance companies deny more ... Read more...

Posted in Politics |

Remarks of President Obama on Health Insurance Reform


March 4th, 2010 - 3:18 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) – President Barack Obama expressed his opinion regarding to the Health Insurance Reform at a press conference in the White House on Wednesday.President Obama said that following Thursday’s ... Read more...

Posted in Politics |

Flush with historic victory, Obama vows to finish the job


December 24th, 2009 - 10:29 pm ICT by IANS
By Arun Kumar Washington, Dec 24 (IANS) As the US Senate passed a historic $871 billion health care overhaul bill Thursday bringing President Barack Obama's top domestic priority "incredibly close to reality", ... Read more...

Posted in Politics |

Ford, Subaru & Volkswagen are the safest vehicles in Insurance Institute


November 19th, 2009 - 7:45 pm ICT by Aishwarya Bhatt
Washington DC, Nov 19 (THAINDIAN NEWS) The insurance industry has come out with the list of the safest vehicles and the top three spots are occupied by Ford, Subaru and Volkswagen. This ... Read more...

Posted in Business |

Controversial Health Care Bill nears its vote


October 13th, 2009 - 11:04 pm ICT by Aishwarya Bhatt
Washington, Oct 13 (THAINDIAN NEWS) The Senate Finance Committee will hold a trend-setting vote on health-care reform legislation on Tuesday that is expected to underscore the deep partisan divides that have emerged ... Read more...

Posted in Politics |

Pressure mounts on Sen. John Ensign to resign


October 6th, 2009 - 6:10 pm ICT by Aishwarya Bhatt
Washington, Oct 6 (THAINDIAN NEWS) Republican Senator John Ensign is under pressure from all sides to resign, following the disclosures of his affair with a former campaign staffer and then he ... Read more...

Posted in Politics |

US: A nation divided over health care


September 20th, 2009 - 2:28 pm ICT by IANS
By Arun Kumar Washington, Sep 20 IANS) President Barack Obama made it a central point of his campaign, Americans of all hues want it yet how to provide an affordable health care ... Read more...

Posted in Health |

White House statement on President Obama’s meeting with Tom Daschle


August 22nd, 2009 - 5:06 am ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- The White House released the following statement on Friday about President Obama's meeting with former Senate Majority Leader Tom Daschle. “The President invited Senator Daschle to the White ... Read more...

Posted in Politics |

Statement by President Obama on health care reform legislation


July 16th, 2009 - 12:13 am ICT by admin
WASHINGTON, D.C. (BNO NEWS) -- President Obama released the following statement on Wednesday in response to the health care reform legislation passed by the Senate HELP Committee.“Today, thanks to the unyielding passion ... Read more...

Posted in Politics |

Chandraprasad new CMD of National Insurance


June 5th, 2009 - 9:43 pm ICT by IANS
Kolkata, June 5 (IANS) N.S.R. Chandraprasad Friday took over as chairman-cum-managing director of National Insurance Co, succeeding V. Ramasaamy who demitted office May 31. Chandraprasad joined the general insurance industry in 1978 as ... Read more...

Posted in Business |

Amity, Max New York to offer insurance management course


May 27th, 2009 - 6:01 pm ICT by IANS
New Delhi, May 27 (IANS) Amity Global Business School, in collaboration with Max New York Life Insurance, Wednesday announced the launch of a post-graduate diploma in insurance and sales management. The programme ... Read more...

Posted in Business |

Oriental Insurance expects Rs.150-crore fall in income


March 29th, 2009 - 8:35 pm ICT by IANS
Chennai, March 29 (IANS) State-run non-life insurer Oriental Insurance may report a fall of around Rs.150 crore in its investment income this fiscal due to the downslide in the financial markets, a ... Read more...

Posted in Business |

General insurance premium to top Rs.1 trillion by 2015: Report


February 8th, 2009 - 4:58 pm ICT by IANS
New Delhi, Feb 8 (IANS) General insurance premium earning is likely to grow at 20 percent annually over the next six years and top the Rs.1-trillion (Rs.100,000-crore) mark by 2015, says an ... Read more...

Posted in Uncategorized |

Now, Key2SafeDribving to keep teen drivers from using cell phones


December 14th, 2008 - 1:16 pm ICT by ANI
Washington, December 14 (ANI): Engineers at the University of Utah engineers say that they have created a wireless car key that can prevent teen drivers from using their cell phones while ... Read more...

Posted in Health Science |

Credit crisis forcing US insurer AIG to extreme measures: Report


September 14th, 2008 - 6:57 pm ICT by IANS
New York, Sep 14 (DPA) US insurer AIG, suffering from a declining share price and facing a possible downgrading of its credit rating, is being forced to extreme measures, including perhaps selling ... Read more...

Posted in Uncategorized |

Fidelity announces new business initiative in India


June 30th, 2008 - 9:30 pm ICT by ANI
Mumbai, June 30 (ANI/Business Wire India ): Fidelity International today announced that it would launch its world-renowned, award winning, online fund platform, FundsNetworkT in India .FundsNetworkT will be an open ... Read more...

Posted in Life Style |

Insurance companies on roll, target Rs.500 bn in premium


May 29th, 2008 - 9:40 pm ICT by admin
Kolkata, May 29 (IANS) With the gross direct premium up by nearly Rs.200 billion during years 2002-08 and expected to reach Rs.500 billion in next five years, the insurance industry is on ... Read more...

Posted in Business |

« Previous Entries

Subscribe