April 01, 2022 5:36 am
Further, in a bid to promote environment friendly vehicles, the draft notification has proposed a 15 per cent discount for electric private cars, electric two wheelers, electric goods carrying commercial vehicles and electric passenger carrying vehicles.
May 21, 2020 4:33 pm
"I think this is an year of survival, not everybody is likely to invest (in policies) when the GDP (gross domestic product) is not likely to do good. This year will not be an year of significant growth," Tarun Chugh, MD and CEO of Bajaj Allianz Life Insurance, told PTI in an interview.
January 24, 2020 5:29 pm
In a pre-budget memorandum, the Life Insurance Council has sought a separate deduction in personal taxes or an increase in the present limit for the premium paid for individual life policies.
January 14, 2016 1:49 am
According to insurance sector officials, earlier individual agents used to get up to 35-40 per cent as commission in the first year.
December 08, 2015 1:19 am
AIA Group hikes equity stake in Tata Life to 49%; more stake sales in the offing.
November 18, 2015 1:34 am
Officials said that the Indian Market Terrorism Risk Insurance Pool, formed as an initiative by all the non-life insurance firms in India in April 2002, is adequate to tackle any eventuality.
June 16, 2015 3:25 am
When the Parliament allowed 49 per cent FDI in insurance, the government framed the rules in such a way that FDI in broking is restricted to 49 per cent.
December 10, 2013 3:48 am
The state of policy paralysis in India has hurt the general insurance industry significantly,says managing director and chief executive officer of HDFC Ergo
June 23, 2013 9:07 pm
50 per cent of surveyed life insurance companies are projected to clock negative growth this fiscal.
April 20, 2013 11:29 am
Chidambaram appreciated the efforts of insurance industry in reaching out to opposition parties.