The insurance industry is witnessing growth and is projected to have great times in the years to come.Dec 30, 2017, 12:48 PM IST
The Bill would provide for a comprehensive resolution framework for specified financial sector entities to deal with bankruptcy situation in banks, insurance companies and financial sector entities.
Jun 14, 2017, 15:28 PM IST
Continuing with their bullish stance on India for the second month, domestic institutional investors (DIIs) pumped in more than Rs 4,500 crore in equity markets in May.Jun 06, 2017, 17:48 PM IST
The government is considering allowing 100 percent foreign direct investment in insurance broking with a view to giving a boost to the sector and attracting more funds.Mar 21, 2017, 14:15 PM IST
Insurance companies may offer discounts to customers if their policies are sold through e-commerce websites, Irdai said Thursday.
Mar 09, 2017, 21:06 PM IST
Government plans to divest Rs 11,000 crore worth of stake in PSU general insurance companies to meet the steep disinvestment target of Rs 72,500 crore next fiscal.Feb 02, 2017, 15:52 PM IST
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi on Wednesday gave its ‘in principle’ approval for listing of five public sector general insurance companies in the stock exchanges.
Jan 18, 2017, 15:36 PM IST
Of the total premium underwritten by non-life insurance companies during the month, public insurers garnered Rs 9,164.10 crore while private players took a combined Rs 5,785.90 crore, according to Insurance Regulatory and Development Authority of India (Irdai) data.Oct 31, 2016, 18:51 PM IST
A day after the train travel insurance facility was launched, more than 4 lakh passengers have opted for the scheme till this evening making the passenger-friendly initiative a hit.Sep 02, 2016, 21:08 PM IST
Insurance companies will potentially have to deal with more taxes once the GST is implemented with the emergence of the Centre and states as dual stakeholders.Aug 12, 2016, 20:16 PM IST
Finance Ministry is all set to issue a draft Cabinet note on listing of public sector insurance companies. This development comes in line with the announcements made in the budget.Jul 03, 2016, 14:45 PM IST
Taking note of delay by insurers in implementing orders and awards of Ombudsmen, insurance regulator Irdai today directed companies to furnish details of cases pending for compliance for the last three years.Apr 01, 2016, 20:34 PM IST
Finance Minister Arun Jaitley Monday proposed listing of four wholly-owned PSU general insurance companies.Feb 29, 2016, 11:44 AM IST
To increase Insurance penetration in India Insurance companies are eyeing to tie up with RBI authorised payment banks.Nov 25, 2015, 18:28 PM IST
Riding on the growth of motor and health insurance segments, public sector United India Insurance has set a target of clocking a total premium of Rs 11,800 crore during the current financial year.?Nov 18, 2015, 17:11 PM IST
Insurance Regulatory and Development Authority of India (IRDAI) will issue corporate governance norms this month to address issues such as management control of insurance companies among other thingsOct 01, 2015, 16:47 PM IST
New India Assurance (NIA), the largest non-life insurer in the country, has charted out its global expansion plans that include areas like Asia, North America and Africa.Sep 27, 2015, 17:15 PM IST
10 trade union comprising bank, insurance, post office and a whole lot other are on strike today. An estimated 15 crore people will not be working though this massive strike.Sep 02, 2015, 10:11 AM IST
The pension business of life insurance players is down to a meagre Rs 2,000 crore in 2014-15, from Rs 20,000 crore in 2009-10.Aug 23, 2015, 15:02 PM IST
Under the CENVAT credit scheme, a manufacturer or a service provider can avail credit of excise duty paid on inputs.Aug 10, 2015, 22:49 PM IST