Reliance Life Insurance in talk with banks for tie-up
August 19th, 2012 - 5:52 pm ICT by IANS
Bangkok, Aug 19 (IANS) The Reliance Life Insurance Company, a unit of the Anil Ambani-led Reliance Capital, is in talks with several public and private sector banks to utilise ... Read more...
Posted in Business |
Highest net asset value cover plans are risky: IRDA chief
September 15th, 2011 - 4:39 pm ICT by IANS
New Delhi, Sep 15 (IANS) Unit-linked life insurance products that promise buyers returns based on highest net asset value (NAV) achieved during the tenure of the policy are "risky" and ... Read more...
Posted in Uncategorized |
Scrapped insurance products bring actuaries in spotlight
October 24th, 2010 - 9:22 pm ICT by IANS
Chennai, Oct 24 (IANS) The Indian actuarial profession is in the spotlight with more than 500 life insurance products being scrapped by the insurance regulator since 2007 for being opaque or against ... Read more...
Posted in Business |
IRDA bans universal life products
October 21st, 2010 - 11:09 pm ICT by IANS
Chennai, Oct 21 (IANS) In yet another policy holder-friendly move, the Insurance Regulatory and Development Authority (IRDA) Thursday banned the sale of universal life products from Oct 22, 2010.The universal life product ... Read more...
Posted in Business |
ADAG takes a step forward to snap up Royal Sundaram
July 14th, 2010 - 6:40 pm ICT by IANS
Chennai, July 14 (IANS) The Reliance Anil Dhirubhai Ambani Group (ADAG) is planning to snap up the city-based non-life insurer, Royal Sundaram Alliance Insurance Company, according to sources close to the development.
The ... Read more...
Posted in Business |
Indians’ indifference to health frustrates insurers, fitness chains
August 30th, 2009 - 2:00 pm ICT by IANS
By James Jose
New Delhi, Aug 30 (IANS) What do fitness chains and life or health insurance companies in India have in common? The answer: Consumer apathy.Wellness companies and life insurers ... Read more...
Posted in Business |
Life insurance products sales fall 38 percent in October
December 8th, 2008 - 6:35 pm ICT by IANS
Chennai, Dec 8 (IANS) After growing at breakneck speed for the past several years, the Indian life insurance sector has hit the speed breaker with the industry witnessing a premium fall of ... Read more...
Posted in Business |
New York Life chairman appointed to USIBC board
November 26th, 2008 - 11:23 am ICT by IANS
Washington, Nov 26 (IANS) The US-India Business Council (USIBC) has appointed Richard Mucci, chairman and CEO of New York Life International, LLC - the international arm of New York Life Insurance Company, ... Read more...
Posted in Business |
Max New York Life enters into a tie-up with IndianOil Corporation
July 10th, 2008 - 8:03 pm ICT by ANI
New Delhi , July 10 (ANI/Business Wire India ): Max New York Life Insurance Co Ltd, one of India ''s foremost private life insurance companies, today announced a tie-up with IndianOil ... Read more...
Posted in Life Style |
BoB to offer wealth management services in Gulf
July 4th, 2008 - 8:05 pm ICT by IANS
Dubai, July 4 (IANS) Indian public sector Bank of Baroda (BoB) has announced that it would be offering wealth management services in the United Arab Emirates (UAE), and its joining hands with ... Read more...
Posted in World |
Bajaj Allianz Life Insurance collaborates with Thomas Cook India
June 12th, 2008 - 10:31 pm ICT by ANI
Mumbai, June 12 (ANI): Thomas Cook, India s largest provider of integrated travel solutions will now offer life insurance solutions of Bajaj Allianz Life Insurance, one of the leading private sector ... Read more...
Posted in Entertainment |
Bank mergers to affect India’s insurance sector
February 26th, 2008 - 1:37 pm ICT by admin
By V. Jagannathan
Chennai, Feb 26 (IANS) Bank mergers in India are likely to impact the insurance sector as many insurers have select banks as their bancassurance partners. Bancassurance is the sale of ... Read more...
Posted in Business |