Life Insurance Penetration

Nov 24, 2015 at 15:38 | Source: PTI
Aviva Life Insurance Company India Ltd is a joint venture between Aviva and Dabur Invest Corp (DIC). The British insurer already has 26 percent stake in the entity.
Nov 24, 2015 at 12:53 | Source:
Reliance Capital said the Japanese company will be investing Rs 2,265 crore to acquire an additional 23 percent stake in Reliance Life Insurance and this transaction pegs Reliance Life Insurances valuation at approximately Rs 10,000 crore (USD 1.5 billion).
Nov 20, 2015 at 21:34 | Source: PTI
In Gujarat, Shriram Life has 28 branches and has insured more than 26,000 lives with the help of 5,500 salesmen in the region, the company stated in a release.
Nov 18, 2015 at 16:59 | Source: CNBC-TV18
Indian's largest private sector lender, ICICI Bank, will be selling 6 percent stake in its joint venture (JV) ICICI Prudential Life Insurance and 9 percent stake in its general insurance arm.
Nov 16, 2015 at 18:46 | Source: CNBC-TV18
The transaction is valued at Rs 32,500 crore.
Nov 04, 2015 at 14:25 | Source:
Reliance Infrastructure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 04, 2015, have appointed Shri Shiv Prabhat, Executive Director (Micro Insurance), Life Insurance Corporation of India, as non-executive director on the Board of the Company.
Oct 29, 2015 at 15:10 | Source: PTI
Insurance companies ICICI Prudential Life, Religare Health, Reliance Life and Reliance General have partnered the Alibaba-backed company to assist consumers in paying their insurance premiums online.
Oct 29, 2015 at 09:09 | Source: PTI
The investment proposals were approved following the recommendation for the same by the Foreign Investment Promotion Board (FIPB), headed by Economic Affairs Secretary Shaktikanta Das.
Oct 28, 2015 at 14:49 | Source: PTI
The lender tabled the moves in posting a 19.7 percent lift in annual net profit to 6.34 billion dollar (USD 4.56 billion) for the year to August 31 as it looks to bolster its balance sheet and provide a buffer to meet tougher regulatory requirements.
Oct 27, 2015 at 14:45 | Source: PTI
Railways had signed an MoU with LIC in March this year for financial assistance of Rs 1.5 lakh crore over the next five years for construction of new lines and route electrification.
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. The annual average growth of life insurance industry in terms of insurance premium was 17.18 per cent for 2007-08 to 2010-11. The annual average growth of general insurance industry in terms of gross direct premium was 15.92 per cent for 2007-08 to 2010-11. Despite that, life and non-life insurance

11.21 AM Jan 9th 2012

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