India Insurance News

  • HDFC mutual fund retains top slot; ICICI Pru catches up

    New Delhi, April 2 : ICICI Prudential Mutual Fund is set to beat HDFC Mutual Fund for the top slot on the back of a strong 22 percent growth in its average asset under management in the January-March quarter, according to data released Tuesday by the Association of Mutual Funds in India....

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  • Future Generali posts profit of Rs. 28.4 cr

    Kolkata, Mar 13 : Future Generali India Insurance, a joint venture between Future Group - the leading retailer of India and Generali - the global leading insurer, has posted a profit of Rs. 28.4 crore for 9 months ended December 31, 2013....

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  • RSBY launched in Karnataka

    Bangalore, Feb 18 : Future Generali India Insurance, a global insurance group, on Tuesday announced that it launched the Rashtriya Swastha Bima Yojana (RSBY) programme in Amalapur, Bidar District, Karnataka on Sunday....

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  • IRDA to make third party vehicle premium market-driven

    By Venkatachari Jagannathan, Chennai, Feb 18 : The Indian insurance regulator plans to take the first step in two or three months to abolish the administrative pricing mechanism (APM) for third-party vehicle premium and make this market-driven, a senior official said....

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  • Life insurance in India has major growth potential

    By Rajesh Sud : The Indian insurance industry has undergone transformational changes since 2000 when the industry was liberalised. With a one-player market to 24 in 13 years, the industry has witnessed phases of rapid growth along with extent of growth moderation and intensifying competition....

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  • IRDA fines Tata AIA Life Insurance

    Chennai, Feb 13 : Fining Tata AIA Life Insurance Company Ltd Rs.100,000, India's insurance regulator has ordered the company to hire accounting firm(s)to carry out investigation on the extent of operational procedures complying with anti-money laundering guidelines....

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  • 'Insurance Information Bureau does not disown reports'

    Chennai, Feb 13 : The Insurance Information Bureau (IIB), under India's insurance regulator, Thursday said it does not disown its reports, prepared using data given by insurers passed through quality controls and reconciled with data available through other sources....

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  • Reliance launches new life insurance policy

    New Delhi, Jan 28 : Reliance Life Insurance, part of Reliance Capital, has launched its new offering 'Reliance Super Money Back Plan', a traditional non-participating plan that provides periodic guaranteed money back pay-outs and a monthly income along with life cover....

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  • Ideal Insurance hosts workshop for women entrepreneurs

    By Anuradha Dutta, Kolkata, Jan 15 : Insurance agency, Ideal Insurance recently hosted the workshop, 'Women Entrepreneurs-The Game Changers', to provide guidance to women entrepreneurs on skills required to overcome work stress and challenges, consolidate and scale-up a business and maintain balance between professional and personal life, here....

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