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IRDA for banks selling products of multiple insurers

Last Updated: Wednesday, July 10, 2013, 16:08

Insurance regulator IRDA on Wednesday indicated favouring banks to sell products of multiple insurance companies as the move would help deepen insurance penetration in the country.

Chidambaram asks insurance sector to focus on smaller towns

Last Updated: Friday, April 12, 2013, 19:02

As India remains among the most under-insured countries in the world, Finance Minister P Chidambaram on Friday asked the general insurance industry to spread awareness about the need for risk cover in smaller towns across the country.

Future Generali launches micro-insurance for rural segment

Last Updated: Tuesday, July 03, 2012, 16:14

Private general insurance player Future Generali India on Tuesday launched a micro-insurance product targeted at the rural segment, to provide protection to their business.

Mahindra Finance to foray into insurance sector

Last Updated: Tuesday, May 22, 2012, 12:05

In the partnership for general insurance which includes health, motor and other general insurance policies, Mahindra intends to hold 74 percent, while Travelers could stick to 26 percent, which is the highest limit for foreign investors in the insurance sector.

Expectations: Insurance Sector

Last Updated: Friday, February 24, 2012, 13:30

FICCI has highlighted the following proposals for the Insurance Sector in its pre-budget memorandum.

85% Indians want more insurance to protect lifestyles: Survey

Last Updated: Saturday, September 24, 2011, 11:12

Amid rising disposable income levels and better health, education and housing conditions, as much as 85 percent of middle income earners in India feel a greater need for additional insurance to protect their lifestyles, according to a survey.

Cap foreign investment in pensions at 26%: Panel report

Last Updated: Tuesday, August 30, 2011, 13:27

India should limit foreign investment in the pension sector at 26 percent, a parliamentary panel report recommended on Tuesday.