LIC eyes increasing market share in policies, first premium

Last Updated: Wednesday, August 19, 2015, 22:07

Life Insurance Corporation (LIC) has set a target to achieve 85 percent of its market share in terms of policies and 80 percent in terms of first premium by the end of the current fiscal.

Life insurance market clocks 20% growth in first quarter

Last Updated: Sunday, July 19, 2015, 18:03

After witnessing de-growth since 2010, the life insurance industry rebounded in the first quarter of the fiscal recording a robust 20 percent growth in new premium income.

After Llyod's, many other reinsurers keen to start operations in India

Last Updated: Tuesday, March 17, 2015, 12:53

The move is expected to stimulate the insurance sector and help bring in over Rs 50,000 crore in fresh capital, according to experts.

UK healthcare firm Bupa sees strong growth in India

Last Updated: Thursday, March 5, 2015, 13:49

British private healthcare group Bupa is eager to expand quickly in India`s fast-growing health insurance market, once a rule change on foreign investment is implemented, the firm`s chief executive said on Thursday.

'Google to start selling auto insurance in the US'

Last Updated: Friday, January 9, 2015, 05:31

The search giant is planning soon to pilot its new Google Compare auto insurance comparison shopping site, wrote Forrester analyst Ellen Carney in a note.

New India launches combination product for lower income groups

Last Updated: Monday, November 25, 2013, 17:56

Largest general insurer New India Assurance on Monday said it has come up with a combination product for lower income groups that will have life, medical and accident covers among others.

1 in 3 insurance companies feel ill-prepared to face emerging trends

Last Updated: Wednesday, June 26, 2013, 15:28

Meanwhile, 33 percent of insurance companies think they are ill-prepared to handle workforce challenges around talent attraction and retention.

Reliance Life begins post-sales service in insurance market

Last Updated: Wednesday, October 24, 2012, 13:18

Taking a leaf out of its Japanese partner Nippon Life's book, private sector insurer Reliance Life has begun its post-sales service drive across the country and plans to cover over 10 lakh customers by March next.

Lost orders top list of business worries: Lloyd's

Last Updated: Tuesday, December 6, 2011, 09:47

Cancelled orders and a shortage of skilled staff are businesses' biggest worries as the eurozone debt crisis dampens economic growth, according to a worldwide survey by the Lloyd's of London insurance market.