In an attempt to increase its number of investors in the troubled time, Bharti AXA Mutual fund on Monday launched daily systematictransfer plan (DSTP), first of its kind in India. This launch came in realtion to its earlier launch of daily systematic ..

Star Union Dai-Ichi Life Insurance Company Limited, a joint venture life insurance company promoted by Bank of India, Union Bank of India and Dai-Ichi Mutual Life Insurance Company, Japan, is planning to infuse Rs 100 crore capital to support its exp ..

Three general insurers missed out on their rural obligations, while three more missed fulfiling social obligations as spelled out by sector regulator Insurance Regulatory Development Authority (Irda).According to Irda’s guidelines, life insurer ..

Private sector insurer HDFC Standard Life on Thursday announced a three-month certificate programme in Insurance and Management in collaboration with Manipal Education.The key objective of this programme is to select, train, and groom talent from acr ..

MUMBAI: ICICI Prudential Monthly Income Plan paid its 100 consecutive dividend in February 2009. The fund has accomplished a remarkable dividendpayment dividend payment in the last 8 plus years since its inception in November 2000. The fund has maint ..

“Insurers should be more responsible in working for customers’ benefit while dealing with complaints launched with Ombudsman.”Hyderabad, March 11 Insurance companies it seems are yet to take the institution of Ombudsman seriously in ..

The list of private insurance firms freezing branch expansion is getting longer. After ICICI (ICICIBANK.NS : 273.5 +10.55) Prudential and Bajaj (BAJAJAUTO.NS : 2101.05 0) Allianz, others such as Max New York Life, Kotak (KOTAKBANK.NS : 225.35 +2.3) L ..

Soon, you may not have to worry about your lost wallet. A host of private insurance companies are taking a cue from their overseas counterparts to launch such products in India.Tata AIG General Insurance is launching products that will insure you aga ..

American International Group Inc had warned of turmoil around the globe if the government allowed the insurer to fail when it appealed to U.S. regulators for its latest rescue, Bloomberg said citing an AIG presentation dated Feb. 26.AIG needed immedi ..

American life insurance giant MetLife on Monday said it has expanded its Indian presence by opening 20 new offices across the country's northern region, which it sees as an important growth engine."MetLife now has an established network of 5 ..

With economic slowdown casting a shadow on profits, companies may increasingly turn towards offering flexible benefit programmes to employees, among other measures, for managing costs and attracting the right talent, a survey by global HR consultancy ..

Max New York Life (MNYL) is looking at maintaining a double digit growth rate both in terms of premium collection and number of policy holders this year, despite volatile market conditions with more tailor made products.The company launched its new u ..

Star Union Dai-ichi Life Insurance Company, a joint venture life insurance company promoted by Bank of India, Union Bank of India and Dai-ichi Mutual Life Insurance Company, Japan, is planning to pump in an additional capital of Rs 100 crore in 2009- ..

For the first time since the sector was opened up in 2000, the life insurance industry is expected to see a drop in premiums from the sale of new policies.Global economic concerns and the fall in equity markets has taken a toll on life insurance sale ..

In order to provide greater transparency and enable policyholders to take more informed decisions, the Insurance Regulatory and Development Authority (Irda) is asking insurance companies to disclose solvency margin, claim settlement record and loss r ..

 BASEL, SWITZERLAND: Insurance sector faces no downside risks because investment in derivatives or credit default swaps is largely not permitted, the head of the country's insurance regulatory body said on Monday.J. Hari Narayan, chairman of ..

 MUMBAI: ICICI Prudential Life Insurance could break even in two years as growth in the insurance sector is expected to look up in FY10 (April 2009-March 2010). “This year has been a challenging one, 2009-10 should be better.’’ ..

 After panic redemptions in the October-November period last year, the Indian mutual fund (MF) industry appears to be back on the path to Equity schemes, on the other hand, have seen their share decrease drastically over the past few months. So  ..

About 4,000 families belonging to the Eloor industrial belt will be covered under a new mediclaim policy for which the beneficiaries will not have to pay premium. This is the first of its kind in the country, according to insurance company officials. ..

The World Bank said that the global economy will shrink this year for the first time since World War II and that the global financial crisis will make it tougher for poor and developing nations to access needed financing.Trade is forecast to fall to  ..