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GICA to seek support of public against Insurance Bill

Last Updated: Saturday, November 23, 2013, 19:50

The General Insurance Employees' Association will seek support of the public, particularly over 30 crore policyholders, to defeat the government move to pass the Insurance Bill in Parliament, which would adversely affect the public insurance sector, a top association official said.

FM confident of pushing insurance Bill in Winter session

Last Updated: Friday, November 01, 2013, 20:00

The government will push the long pending insurance bill in the Winter session of Parliament, Finance Minister P Chidambaram said on Friday.

Govt keen to push insurance Bill in Winter session

Last Updated: Sunday, October 27, 2013, 10:49

According to sources, the government is also looking at the possibility of allowing 23 percent FII investment, over and above the existing FDI ceiling of 26 percent in the sector.

Is higher FDI limit in insurance a threat for public sector insurers?

Last Updated: Friday, July 05, 2013, 12:47

The massive potential in the Indian life and non-life insurance sector has encouraged large private financial services companies to form joint ventures with global insurers.

India-EU FTA talks stuck; insurance could be game spoiler

Last Updated: Wednesday, May 15, 2013, 21:52

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.

Rajan pitches for raising FDI in insurance to 49%

Last Updated: Tuesday, April 30, 2013, 16:01

Talking to reporters, Rajan said the passage of the bill would signal that the reform process is continuing.

FM likely to move Insurance Bill in Rajya Sabha Tuesday

Last Updated: Monday, April 22, 2013, 22:48

Finance Minister P Chidambaram is likely to move the long-pending insurance Bill in Rajya Sabha Tuesday which seeks to raise foreign direct investment cap to 49 percent in the sector from the existing 26 percent.

Increasing FDI in insurance sector is top on UPA agenda: FM

Last Updated: Saturday, April 20, 2013, 11:09

FM hopes that a bill to address the issue will be passed in the upcoming Parliament session.

Sharma favours raising FDI cap in defence, insurance sectors

Last Updated: Thursday, April 18, 2013, 18:09

Commerce and Industry Minister Anand Sharma Thursday "strongly" favoured raising foreign direct investment (FDI) ceiling in the defence sector so as to boost manufacturing locally.

Germany presses India to hike insurance equity cap

Last Updated: Thursday, April 11, 2013, 19:51

A hike in FDI in India’s insurance sector is critical to close the Indo-EU FTA. Germany, one of the world's largest exporters, also has worries about import duties in India on automobiles.

Hope to get Insurance Bill passed soon: FM

Last Updated: Saturday, April 06, 2013, 18:43

Finance Minister P Chidmabaram on Saturday expressed the hope that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 percent, will be passed soon.

Global body pitches for hike in FDI cap in insurance

Last Updated: Wednesday, March 06, 2013, 17:36

Pitching for higher FDI limit in India's insurance sector to 49 percent, a global body of insurers has said the hike will generate more jobs and enhance the country's standing in global financial markets.