Irked by LIC agents, HDFC Life shoots off legal notice

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IRDAs new product guidelines looka bit impractical from an insurer's standpoint

The Sensex soared 401.96 points to 20124.25, and the Nifty was at 6119.05, up 123.65 points. GMR Infra, UCO Bank, LT Finance Holdings, Eicher Motors and IPCA Lab are among the key gainers at this hour, up between 5-8 percent.

IRDA has mandated that ULIPs do continue in the existing conditions with some minor changes. Sanjay Tiwari of HDFC Life explains how one can benefit from it.

Firm recorded 16% growth in new business premium income to Rs3,113 cr in FY13 from Rs2,695 cr in 2011-12 PTI HDFC Life's assets under management (AUM) grew 24% in FY13 to Rs40,108 crore from Rs32,254 crore in FY12. Photo: Priyanka Parashar/Mint Also ...

Industry : Banking/Financial Services Category : Mergers & Acquisitions HSBC is selling its 26% stake in Indian insurance arm and it has received interests from notable bidders. Sources on BS states the stake is valued somewhere around $200 Mn.

0 Comments, Be the first to comment Moneylife Digital Team | 06/05/2013 04:58 PM | HDFC Standard Life, Bajaj Allianz and Birla Sun Life topped the list of firms against whom consumers have filed complaints with IRDA for unfair business practices.

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 ...

HDFC Life Insurance is strengthening its policy verification process to ensure total compliance with Know-Your-Customer (KYC) norms.This follows a sting operation by online magazine Cobr...