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INSURANCE, PENSION INDUSTRY WELCOME POLL 'VERDICT'
INSURANCE, PENSION INDUSTRY WELCOME POLL 'VERDICT' Financial Chronicle The Economic Times
Hailing the Congress-led UPA victory in the Lok Sabha polls, Insurance and Pension Fund industry on Saturday said this would help in pushing the long pendin...
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MORE FDI IN INSURANCE TO BE PUT ON FAST TRACK
MORE FDI IN INSURANCE TO BE PUT ON FAST TRACK Shruti Verma, Financial Chronicle Deccan Herald
The insurance sector is expected to hit the path to faster growth now. Industry observers are hopeful of seeing an early passage of the insurance bill tha...
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INSURANCE BUSINESS MAY TOUCH RS 200,000 CRORE IN 2 YEARS
INSURANCE BUSINESS MAY TOUCH RS 200,000 CRORE IN 2 YEARS New Delhi, The Economic Times
India's insurance sector is likely to witness an unprecedented growth of over 200 percent by 2010-11, during which private insurance business would grow by 140 p...
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INSURERS EYE RURAL AREAS TO REVIVE NEW BUSINESS NUMBERS
INSURERS EYE RURAL AREAS TO REVIVE NEW BUSINESS NUMBERS Shilpy Sinha, Mumbai, Business Standard
After reporting low numbers in new business premium, life insurance companies are resorting to special initiatives to increase business from the rural s...
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TPAS: PANEL CALLS FOR SETTING UP HEALTH COUNCIL
TPAS: PANEL CALLS FOR SETTING UP HEALTH COUNCIL S. Bridget Leena, Chennai, The Hindu Business Line
A committee set up by the Insurance Regulatory and Development Authority (IRDA) to look into the functioning of third party administrators has sugges...
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IRDA TO SIMPLIFY CHECK ON LIFE INSURANCE CHARGESIRDA TO SIMPLIFY CHECK ON LIFE INSURANCE CHARGES
IRDA TO SIMPLIFY CHECK ON LIFE INSURANCE CHARGES Mayur Shetty, Mumbai, The Economic Times
MUMBAI: The Insurance Regulatory and Development Authority has decided to adopt a simple approach to curb excessive charges in life insurance Instead of fixi...
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SHOW DETAILS OF PENAL ACTIONS: IRDA TO INSURERS
SHOW DETAILS OF PENAL ACTIONS: IRDA TO INSURERS Mumbai, Financial Chronicle Deccan Herald
Insurance sector regulator, Insurance Regulatory and Development Authority (Irda) has asked all insurers to mention details of penal actions taken against them...
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STRESS SIGNS
STRESS SIGNS The Economic Times (Delhi edition)
Last weekend in the Life Insurance Council meeting, IRDA member R Kannan made a presentation on the financials of life companies. Kannan said that that there were two companies whose expenses ratios we...
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PANEL MOOTS HIGHER CAPITAL REQUIREMENT FOR TPAS
PANEL MOOTS HIGHER CAPITAL REQUIREMENT FOR TPAS Shilpy Sinha, Mumbai
In order to improve the quality of service rendered by third-party administrators (TPAs), a committee formed by the Insurance Regulatory and Development Authority (Irda) has recom...
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V VAIDYANATHAN IS IPRU LIFE'S NEW MD & CEO
V VAIDYANATHAN IS IPRU LIFE'S NEW MD & CEO Mumbai, The Economic Times The Hindu
ICICI Prudential Life has appointed V Vaidyanathan as the managing director and chief executive officer of the company with effect from May 01. He replaces Shikha S...
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DEMAT FORM FOR LIFE POLICIES LIKELY
DEMAT FORM FOR LIFE POLICIES LIKELY Sitanshu Swain, Mumbai, The Financial Express
Time-worn and dog-eared life insurance polices will soon be a thing of the past. If a proposal of life insurers goes through, as is likely, life polices will leave th...
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MICRO INSURANCE SHOULD BE MORE AFFORDABLE: IRDA CHIEF
MICRO INSURANCE SHOULD BE MORE AFFORDABLE: IRDA CHIEF Hyderabad, The Hindu Business Line
There is a need for making micro insurance more affordable to the poorer sections of the society, according to J. Hari Narayana, Chairman, Insurance Regulatory...
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IRDA CLOSELY MONITORING FINANCES OF INSURANCE COS
IRDA CLOSELY MONITORING FINANCES OF INSURANCE COS G. Naga Sridhar, Hyderabad, The Hindu Business Line
Hyderabad, May 1 The Insurance Regulatory and Development Authority (IRDA) has asked insurance companies to keep the authority updated on all appo...
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SLOWDOWN HITS LIFE INSURANCE COS' NEW PREMIUM INCOME
SLOWDOWN HITS LIFE INSURANCE COS' NEW PREMIUM INCOME S. Bridget Leena, Chennai, The Hindu Business Line
Chennai, April 30 For the first time, the life insurance industry's new premium income from regular policies (non-single premiums) reported a n...
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WOOING THE STOCK MARKETS
WOOING THE STOCK MARKETSSreevalsan Menon Businessworld (Edition: April 27, 2009)With Foreign Institutional Investors (FII) pulling out nearly $9.5 billion (approximately Rs 47,345 crore) from the domestic stockmarkets in 2008-09, market intermediaries are...
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LIFE INSURANCE COS GOING SLOW ON RECRUITMENT
LIFE INSURANCE COS GOING SLOW ON RECRUITMENTG. Naga Sridhar, Hyderabad, April 27, 2009 The Hindu Business Line
Hyderabad, April 26 Life insurance companies have slowed down recruitment due to tardy growth in the new business and focus on cost-cuttin...