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ICICI Lombard hopes to grow over industry average in FY14 ICICI Lombard hopes to grow over industry average in FY14 Private sector general insurer ICICI Lombard is hopeful of clocking a premium growth of 2-3 percent higher than the industry average in the current financial year, a top company official has said.
EPFO permits firms to opt for pvt cos' group insurance cover EPFO permits firms to opt for pvt cos' group insurance cover Firms can now ensure higher group insurance of Rs 1.32 lakh for each employee by opting for the Edelweiss Tokio Life-Group Life Protection in lieu of EDLI scheme provided by EPFO.
India-EU FTA talks stuck; insurance could be game spoiler India-EU FTA talks stuck; insurance could be game spoiler Talks between India-EU chief negotiators on FTA Wednesday got stuck with the European bloc making clear that the pact cannot proceed unless the insurance sector was further opened up by New Delhi.
HDFC Life launches Health Assure Plan HDFC Life launches Health Assure Plan Private insurer HDFC Life has launched its new health insurance product, Health Assure Plan, which is aimed at providing a comprehensive health cover.
UK insurance group Aviva to offshore jobs to India UK insurance group Aviva to offshore jobs to India Aviva, which employs about 31,000 people worldwide, is trying to reduce costs by more than 400 million pounds.
LIC sells 2.13% stake in Dr Reddy's Lab LIC sells 2.13% stake in Dr Reddy's Lab Life Insurance Corporation (LIC) sold 2.13 percent stake in Dr Reddy's Laboratories from January 10 to May 10 through open market, according to a BSE filing by DRL.
LIC eyes 15% growth in first premium income in current fiscal LIC eyes 15% growth in first premium income in current fiscal Country's largest insurer LIC is expecting a 15 percent growth in first premium income during the ongoing fiscal after recording a de-growth in 2012-13.
IRDA plans to set up depository for paperless policies IRDA plans to set up depository for paperless policies The Insurance Regulatory and Development Authority is mulling over a proposal to set up a depository that will allow customers to hold policies in paperless form much like investors holding equity shares in demat accounts.
HDFC Life FY’13 Net up 66% at Rs 451 crore HDFC Life FY’13 Net up 66% at Rs 451 crore Private general insurer HDFC Life Tuesday reported 66.42 percent growth in net profit at Rs 451 crore in 2012-13, driven by healthy expansion in new business premium and other fronts.
DPLI launches savings-cum protection plan DPLI launches savings-cum protection plan The policy can be bought even at the age of 55 or 60 which will mature when the policyholder turns 75, the maximum maturity age.
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