Of the 24 life insurance companies operating in India, only 19 insurers remained profitable in 2015-16, with the sector's overall profits dipping by 2.57%. During 2015-16, the life insurance industry reported profit after tax at Rs 7,414.97 crore, against Rs ... Deccan Herald, 2 months ago
Singapore-based Aureus Analytics, which provides customer intelligence and experience to financial sector players, is looking at servicing more than 20 insurance companies here by December. "As of now, we serve nine insurance companies, including eight life ...Business Standard, 2 weeks ago
By Anshuman Daga and Saeed Azhar SINGAPORE (Reuters) - Siam Commercial Bank Pcl (SCB) has begun to formally seek bids for its life insurance business in a sale that could raise about $3 billion for Thailand's third-biggest lender, said people with knowledge ...Sify, 3 weeks ago
An earlier petition filed by Cyrus Mistry against Tata Sons in the National Company Law Tribunal (NCLT) had given details of Tata AIA Life buying majority stake in PNB MetLife InsuranceMoney Control, 1 month ago
The advantage of reviving a lapsed policy is that the interest that is normally charged on unpaid premium is waived off. Illustration: Dominic Xavier/Rediff.com Life insurance companies hold special campaigns not just to sell new policies, but also to revive lapsed ones. They may have one or two such campaigns during the year. The advantage of reviving a lapsed policy during such campaigns is that the interest that is normally charged on unpaid premium is waived off. Or the company may allow ...Rediff.com, 2 months ago
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