Life insurance firms take 8 to 10 years to break-even Sandeep ...

MUMBAI: HDFC Life, Birla Sun Life Insurance, and Bharti AXA Life Insurance are among the six best bidders HSBC has chosen to sell its 26% stake in the Indian life insurance joint venture with two state-run banks, said a person familiar with the ...

0 Comments, Be the first to comment Raj Pradhan | 02/04/2013 02:26 PM | Triple critical illness plan is now offered online Bharti AXA Life Insurance introduced Hospi Cash Benefit Rider that provides a lump-sum amount in case of surgery. Benefits of ...

This years budget is a workman-like balancing act and the government has done a decent job given the challenges in the economy. On the positive side we are happy to see the delivery on the fiscal promise-estimate at 5.2% FY13 4.8% FY14 but lack of further ...

Birla Sun Life Insurance posted lapse ratio of 51% Over 16 million investors didn't renew their traditional insurance plans worth Rs. 1.9 trillion (total sum assured) in 2011-12, registering a two-fold jump from 2008-09, according to IRDA's ...

Growth in motor and health insurance segments and an increase in third-party premium rates helped the non-life insurance sector register a growth of 19.34 per cent at Rs 61,855.11 crore for the eleven months ended February, 2013. The gross ...

Pension products might take a little longer to be counted among big contributors to the portfolio of life insurers. These used to be 25 per cent of the total offerings and are now down to single digit. While life insurers have started introducing ...

NEW DELHI Amid turbulent times in the stock market, at least 10 funds managed by the life insurers have given better returns than the stock market benchmark index with gains of as high as 12.4 per cent in the last fiscal. The market barometer index ...

Vehicle owners may be heaving a sigh of relief as third party premium rates went up only 20 per cent and not 35-60 per cent as originally proposed by the Insurance Regulatory and Development Authority.But, insurance companies say there should be more hikes in premiums to sustain the business in the motor segment.The industry was batting for increase in the range of 50-80 per cent.Last month, Irda had proposed to increase motor TP premiums rates, by an average of 35 per cent for vehicles, ...

Leading provider of mobile handsets & accessories in India Madison Media has just acquired another account, Maxx Mobiles. The account will be handled by Madison Media Sigma in Mumbai. Maxx Mobile is a leading provider of mobile handsets and ...