'We want to replace LIC in agency model among private players'

ING U.S. introduced the ING Global Perspectives Fund within its Variable Universal Life (VUL) insurance and ING Select Advantage IRA (Select Advantage) mutual fund custodial account products. The Global Perspectives Fund has a standard allocation of ...

(Fast Lane via COMTEX News Network) -- Below are the three companies in the Life & Health Insurance industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to ...

Wealth management helped drive first quarter growth for the big three Canadian life insurers, says Moody's Investors Service in a new report. The rating agency says that wealth management sales in both North America and Asia were important sources ...

Currently, an EPFO subscriber gets insurance cover of up to Rs. 1 lakh before superannuation The Employees' Provident Fund Organisation (EPFO) has appointed Edelweiss Tokio Life Insurance to provide this group term insurance plan in lieu of ...

REDLANDS, Calif. This Living Benefits Life Insurance policy differs from traditional insurance policies because it starts to pay out at diagnosis. Major illnesses like stroke, heart attack, cancer etc. or any other chronic, critical or terminal ...

Bonus is simply the additional amount or reward that a person is entitled to get in excess of the base amount. On the same pattern, the Insurance industry also provides a bonus to its policy holders. In this framework, bonus is the extra sum which ...

In an interview with ET Now, Sanjiv Bajaj, MD, Bajaj Finserv, talks about the company's financials. Excerpts: ET Now: Walk us through what your performance has been like this quarter because while the FY13 profits have come in higher by 18% what has ...

The Rs 60,000-crore worth Shriram Group has shown an interest in buying HSBC's 26 per cent stake in the Canara HSBC OBC Life Insurance Company. Senior officials from the Group and two other industry representatives, who are familiar with the deal, ...

Life insurers have been seeing hefty rates of redemption in segregated funds, but as baby boomers begin to retire in large numbers, insurers see sizeable opportunities to provide other innovative new retirement savings and income vehicles. In a ...