Jun 18, 2015 at 18:14 | Source: PTI
"In the aftermath of the floods in Jammu & Kashmir in September 2014, the Public Sector General Insurance Companies received 13,909 claims, out of which 13,612 claims have been settled for a total amount of Rs 729.75 crore," the Finance Ministry said in a statement on Thursday.
Jun 17, 2015 at 11:59 | Source: Moneycontrol.com
Sources told CNBC-TV18 that state-run Life Insurance Corporation (LIC) has decided to drive a harder bargain before providing its assent to the proposed multi-billion Vedanta-Cairn India merger deal.
Jun 16, 2015 at 20:49 | Source: PTI
Minority shareholders of Cairn, who have seen share prices almost halve to Rs 170-180 in past one year on back of the company cutting exploration expense and falling oil prices, have criticised the offer of one Vedanta Ltd share and one 7.5 percent preference share in Vedanta Ltd for every share they hold.
Jun 16, 2015 at 19:02 | Source: CNBC-TV18
Watch the interview of Pankaj Mathpal of Optima Money Managers with Sumaira Abidi on CNBC-TV18, in which he shared his readings and outlook on insurance and some of the myths associated with it.
Jun 12, 2015 at 13:13 | Source: Moneycontrol.com
Modi government has unveiled life and accident insurance schemes that offer cost effective coverage to masses.
Jun 10, 2015 at 18:33 | Source: PTI
Anuj Mathur will take charge as the CEO on July 1, 2015, succeeding the current CEO, John Holden. The company is a joint venture between Canara Bank, Oriental Bank of Commerce and HSBC Insurance (Asia Pacific) Holdings.
Jun 09, 2015 at 19:17 | Source: PTI
According to him, Gujarat generates almost 10 percent of their insurance business. "Gujarat has been our favourite state in terms of business. 10 percent of our business comes from here. We are having a strong agency presence here. We are having 56 branches having more than 8,500 agents working with us" he added.
Jun 04, 2015 at 12:19 | Source: PTI
ABNL already has presence in difference segment of financial services, including the Birla Sun Life Insurance Company (BSLI) - a 74:26 joint venture between the AdityaBirla Nuvo and Sun Life Financial, leading international financial services organisation from Canada.
Jun 01, 2015 at 08:20 | Source: PTI
Its forex losses came down drastically to Rs 100 crore in the reporting year from Rs 300 crore in FY14, Roy said. Gross premium grew 3.4 per cent during the reporting year to Rs 15,183 crore from Rs 14,680 crore in FY 2014. It has chalked out an aggressive growth plan for the current fiscal.
May 29, 2015 at 08:29 | Source: PTI
State-run Bank of India said it is looking at selling 18 percent stake in the three-way life insurance arm, Star-Union Dai-ichi Life Insurance, to the Japanese partner to bring down its share to 30 percent.