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13 Results Found
  • IDBI Federal Life Insurance renamed as Ageas Federal Life Insurance after stake sale Dec 31, 2020 08:39 PM IST

    IDBI Federal Life Insurance renamed as Ageas Federal Life Insurance after stake sale

    Post the transaction, IDBI Bank will hold 25 percent stake in the life insurer, while Ageas will hold 49 percent in the insurance arm of IDBI Bank Limited.

  • DAILY VOICE | This fund manager who manages Rs 10,000-crore AUM has a special message this Diwali season Nov 03, 2020 08:25 AM IST

    DAILY VOICE | This fund manager who manages Rs 10,000-crore AUM has a special message this Diwali season

    My message to the investors is to believe in the Indian growth story. The economic reforms initiated during the last twelve months are enormous, says S P Prabhu, Chief Investment Officer, IDBI Federal Life Insurance.

  • Need to find a bank distributor quickly to replace IDBI Bank sales, says IDBI Federal Life CEO Aug 12, 2020 06:56 PM IST

    Need to find a bank distributor quickly to replace IDBI Bank sales, says IDBI Federal Life CEO

    IDBI Bank is selling 27 percent stake in IDBI Federal Life Insurance for Rs 595 crore to Federal Bank and Belgium's Ageas Insurance International

  • IDBI Federal Life net jumps 94% to Rs 101 cr in FY18 Apr 25, 2018 03:56 PM IST

    IDBI Federal Life net jumps 94% to Rs 101 cr in FY18

    This is the 6th consecutive year of profits since it first declared profits in 2012-13, the company said in a statement.

  • IDBI Federal Life partners with SunTec for GST roll out Jun 20, 2017 03:05 PM IST

    IDBI Federal Life partners with SunTec for GST roll out

    Under the agreement, for the debit tax mandate SunTec will help in analysing data from various sources for computation and invoicing purposes, it said.

  • Insurers to line up products to be sold by point of sale persons Apr 04, 2017 02:25 PM IST

    Insurers to line up products to be sold by point of sale persons

    As per the IRDAI guidelines, life insurers can sell pure term insurance products, immediate annuity products and non-linked non-participating endowment products through the point of sale persons.

  • IDBI Federal Life Insurance open to bank tie-ups for insurance sales Mar 22, 2017 09:45 AM IST

    IDBI Federal Life Insurance open to bank tie-ups for insurance sales

    In an interview to M Saraswathy, Whole-time Director and CEO Vighnesh Shahane, talks out the company’s plans to expand distribution.

  • To wipe out accumulated losses in 2 yrs: IDBI Federal Mar 03, 2017 07:24 PM IST

    To wipe out accumulated losses in 2 yrs: IDBI Federal

    IDBI Federal Life Insurance has said it expects to wipe out accumulated losses in two years on the back of healthy balance sheet size.

  • Budget 2016: Separate tax exemption limit for long term products is required Feb 17, 2016 08:27 PM IST

    Budget 2016: Separate tax exemption limit for long term products is required

    Union Budget 2016 should introduce changes in direct tax, indirect tax to ensure that all stakeholder benefit. Also some tax rules should be amended to improve business functioning.

  • Budget 2015-16: Annuity should be made non-taxable : IDBI Federal Life Feb 09, 2015 12:45 PM IST

    Budget 2015-16: Annuity should be made non-taxable : IDBI Federal Life

    Union Budget should introduce changes in taxation to encourage long term savings in life insurance. There is also a need of introduction of many other measures that will make insurance business more cost efficient to cater to the policyholders' interests.

  • Budget Analysis: Mixed sentiment for insurance companies Mar 04, 2013 10:56 PM IST

    Budget Analysis: Mixed sentiment for insurance companies

    The insurance sector seems to have mixed feelings for Budget 2013. While the opening up of the bank insurance route has been hailed as a key reform. The lack of additional tax concessions has disappointed insurers.

  • Pre-Budget Expectation: IDBI Federal Life Insurance Feb 25, 2011 01:00 PM IST

    Pre-Budget Expectation: IDBI Federal Life Insurance

    IDBI Federal Life Insurance has come out with a report on Pre-Budget Expectation.

  • The India Insurance Industry: The Road Ahead Jan 10, 2011 04:05 PM IST

    The India Insurance Industry: The Road Ahead

    The USD 53 bn insurance industry had a dream run between 2005 and 2010 of registering CAGR of 33%. The scene suddenly chanced in the last few months with the insurance regulator (IRDA) ushering new guidelines for the popular ULIP schemes. Given the situation, what does the future look like? That is our talking point today.

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