Llyod’s in talks with IRDA to set up re-insurance business in India
UK-based re-insurer Llyod’s has initiated talks with insurance regulator IRDA for starting operations in India and opening offices here. “Llyod’s…
17 MAR 2015
Insurance
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Govt allows up to 26% FDI in insurance via automatic route
The government has allowed upto 26 per cent FDI in insurance companies through automatic route, as it notified rules to…
24 FEB 2015
SBI keen to sell stake in insurance subsidiaries
State Bank of India (SBI), one of the largest state-run banks in India, is keen to sell a percentage of…
16 FEB 2015
Govt invites applications for IRDA membership
The government has invited applications for appointment of whole-time members at Insurance Regulatory and Development Authority of India (IRDA). Applications…
30 JAN 2015
Irda to revise agents’ commission norms
As the Insurance Laws (Amendment) Ordinance has omitted Section 40A of the earlier Insurance Act, which talks about commission to…
15 JAN 2015
IRDA bats for ‘Jan Bima Yojna’ for insurance
Government should launch a ‘Jan Bima Yojna’ on the lines of a similar programme launched for banking, says Insurance Regulatory and…
17 DEC 2014
Premium growth slows to 9% in Oct, Nov
The incremental premium income of the Rs 80,000-crore general insurance industry has come down to single-digits in both October and…
17 DEC 2014
Rural banks can appoint NBFCs as Business Correspondents
The Reserve Bank of India has modified the eligibility criteria for individuals and entities to be appointed as Business Correspondents…
18 NOV 2014
