Apr 23, 2017 at 16:58 | Source: PTI
Apr 23, 2017 at 16:57 | Source: PTI
Insurance companies had collected Rs 1,38,657.31 crore in 2015-16, according to data from the Insurance Regulatory and Development Authority of India (Irdai).
Apr 23, 2017 at 16:41 | Source: Moneycontrol.com
We were trying to sell them insurance but most believed in deferring such products for a better day. They wanted to improve their present lives. So, I decided the best product for them was a housing loan, says Anil Mehta.
Apr 23, 2017 at 11:07 | Source: PTI
As per RBI norms, Payments banks have to focus on providing basic financial services, including social security and utility bill payments, remittance functions, and can mobilise deposits of up to Rs 1 lakh.
Apr 21, 2017 at 16:27 | Source: Moneycontrol.com
The regulator allows insurers to hold only up to 15 percent stake in one company. Earlier this year, the government divested 2 percent of its stake held in ITC held through the Specified Undertaking of the Unit Trust of India (SUUTI). LIC bought this 2 percent taking its overall shareholding to 16.32 percent.
Apr 21, 2017 at 16:05 | Source: Moneycontrol.com
The companys solvency ratio was at 2.10x against the minimum regulatory requirement of 1.5x.
Apr 21, 2017 at 16:05 | Source: PTI
The company's net profit in the preceding fiscal 2015-16 stood at Rs 507.5 crore.
Apr 21, 2017 at 16:02 | Source: Moneycontrol.com
GIC Re is hopeful of growing its business in the global financial hub and offering risk management and reinsurance support to other units at GIFT IFSC.
Apr 21, 2017 at 13:50 | Source: Moneycontrol.com
Customers are generally advised to fill up the proposal form themselves so that there is no discrepancy of data. In case of incorrect information being filled in this form, there is a chance of a claim getting rejected if wrong details had been filled.
Apr 20, 2017 at 16:51 | Source: Moneycontrol.com
As part of the offering, Max Bupa consumers will get ready access to GOQiis unique personalised wellness engine which is equipped with solutions such as health coaching and health management tools. Swiss Re will provide technical assistance to Max Bupa in creating relevant products and building expertise to create risk assessment models for future