Two ordinances like "swords dangling on Centre": Shiv Sena

As President Pranab Mukherjee on Friday signed ordinances on raising FDI in insurance sector and facilitating e-auction of coal blocks, Shiv Sena said taking the ordinance route will keep a "sword dangling over the Centre's head" in the next six months.

Insurance, companies bills slated for coming week in Parliament

Legislation to push economic reforms, including the insurance bill and the companies amendment bill, top government`s agenda for the upcoming week of parliament`s winter session, an official statement said.

Actor Jagathy gets Rs 5.90 crore as mishap compensation

Two-and-a-half years after he met with a crippling road accident that cut short his career, veteran Malayalam film actor Jagathy Sreekuamar was today awarded Rs 5.90 crore by a private insurance company as compensation.

Congress hits back at Jaitley, says BJP disrupted Parliament when in Opposition

Hitting back Finance Minister Arun Jaitley for accusing it of being obstructionist in Parliament, Congress on Sunday said it exposes BJP's "hypocricy and double standards" as the party had frequently "derailed" legislative business while it was in Opposition.

MBIA says asset management unit may have been hacked

Bond insurer MBIA said Tuesday that it shut down a computer server after learning that client data of an asset management subsidiary may have been accessed by hackers.

Centre to bring pro-farmer crop insurance policy: Minister

 Union Agriculture Minister Radha Mohan Singh here today said that the Centre will bring out new crop insurance policy by removing shortcomings in the current policy and provide Soil Health Cards to all farmers in the country in next three years.

J&K floods: IRDA asks life insurers to settle claims fast
J&K floods: IRDA asks life insurers to settle claims fast

In view of massive floods resulting in loss of lives and belongings in Jammu & Kashmir, Insurance Regulatory Authority of India (IRDA) has asked life insurers to take immediate steps for expeditious settlement of claims.

Oriental Insurance Company celebrates 67th Foundation Day

Oriental Insurance Company is celebrating 67th years of excellence on Saturday. It was first established on 12th September 1947.

PM Narendra Modi launches Jan Dhan Yojana

Prime Minister Narendra Modi on Thursday launched Jan Dhan Yojana, a mega financial inclusion plan under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons with no access to formal banking facilities.

Narendra Modi to launch Jan Dhan Yojana today; 1 crore bank A/Cs to be opened on day 1

Prime Minister Narendra Modi is today launching his ambitious Jan Dhan Yojna, which will provide a bank account for every Indian household.

Nuclear liability issue: Govt trying to obtain insurance cover

Government is addressing the concerns raised by domestic suppliers over certain provisions of the CLND Act 2010 and is working out a scheme to obtain appropriate insurance cover from domestic insurance companies.

Union Cabinet clears 49% FDI in insurance sector

The Union Cabinet on Thursday cleared the proposal to raise foreign direct investment (FDI) in the insurance sector from the current 26 percent to 49 percent.

`Govt working on providing insurance cover to nuclear plants`

The government is working with a group of experts and officials of Nuclear Power Corporation of India, Finance Ministry, insurance companies to work out modalities of providing insurance cover to existing and new nuclear plants.

Malaysia Airlines initiates payments to MH370 victims` families

Malaysia Airlines insurer has begun paying $50,000 in advance insurance payments to the families of passengers on board flight MH370, three months after the jet disappeared.

Titanic insurance claim form to fetch 12k pounds

The most senior officer to survive the Titanic disaster may have played down the iceberg collision to dodge negligence claims, an insurance document which is expected to fetch 12,000 pounds at auction has shown.

J&K govt provides insurance cover to over 44,000 weavers

Jammu and Kashmir government on Wednesday said it has provided insurance cover to 44,714 weavers in the handloom sector in the state.

Apples, cherry to get insured under NCIS in J&K

World famous Kashmiri apple and cherry will get the insurance cover from national insurance companies under the National Crop Insurance Scheme starting in Jammu and Kashmir from this year.

Amarnath yatra service providers to get insurance cover

Amarnath yatra service providers will get insurance cover during the annual pilgrimage to the cave shrine starting from June 28.

J&K govt announces Rs 1L insurance cover to Amarnath pilgrims

Jammu and Kashmir government on Wednesday announced that all Amarnath pilgrims possessing valid `Yatra permits` will be provided an insurance cover of Rs one lakh against accidental death within the state during the entire period of this year`s pilgrimage.

Designed for life

While the sales departments of insurance companies have been the biggest recruiters traditionally, segments like operations, digital, technology and actuary are also offering great career opportunities, says Rajendra Ghag.