Last Updated: Sunday, August 30, 2015, 13:15
Insurers should embrace the digital space with a resilient cyber security framework to disrupt the traditional business structures, it said, adding that cyber-security is a key risk area for insurance.
Last Updated: Friday, August 14, 2015, 23:47
HDFC on Friday said it will sell 9 percent stake in HDFC Life to its British joint venture partner Standard Life for a little over Rs 1,700 crore.
Last Updated: Wednesday, July 15, 2015, 20:46
The life insurance sector, consisting of 24 companies led by state-owned LIC, had seen its total new premium fall by 6 per cent to Rs 1,13,140 crore in 2014-15 from Rs 1,20,162 crore in 2013-14.
Last Updated: Sunday, June 14, 2015, 13:34
Overall, FY15 was not a productive year for the entire industry as total premium income plummeted by 6 percent to Rs 1,13,140 crore in FY15 from Rs 1,20,162 crore in FY14.
Last Updated: Friday, June 12, 2015, 14:46
The stock tumbled 67.45 percent to Rs 142.50, its 52-week low at the BSE. On the NSE, it crashed 67.46 percent to hit its one-year low of Rs 142.50.
Last Updated: Friday, May 29, 2015, 22:36
General insurers have urged the government to offer them some incentives for providing subsidised catastrophe cover to the poor under the proposed natural catastrophe pool.
Last Updated: Sunday, May 24, 2015, 11:55
The report has also recommended that there should be greater transparency and clarity to enable policy holders to understand the boundaries of coverage in their policies.
Last Updated: Monday, May 11, 2015, 22:18
Insurance sector regulator IRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Act, 2015.
Last Updated: Wednesday, April 8, 2015, 21:58
With this, RBI has included a new term 'Other Insurance Intermediaries appointed under the provisions of Insurance Regulatory and Development Authority Act, 1999' under the definition of 'Insurance'.
Last Updated: Thursday, April 2, 2015, 17:43
Insurance sector regulator IRDAI has made passing an examination based on its syllabus a must for becoming an insurance agent.
Last Updated: Thursday, March 26, 2015, 10:21
Insurance Australia Group Ltd will raise its stake to the maximum allowed 49 percent in a general insurance joint venture with State Bank of India.
Last Updated: Sunday, March 22, 2015, 12:39
Indian insurance sector is set for a major upgrade in its valuation and foreign players may infuse USD 8-10 billion (over Rs 60,000 crore) of capital with the passage of a new bill enhancing the FDI cap.
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