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Sunday, December 15, 2019

Life insurance

LIFE INSURANCE NEWS

Premium mobilisation of private life insurers up 22.2%, market share rises

April 27, 2019 1:09 am

SBI Life, with a total new premium Rs 13,792 crore, up 26 per cent and with a market share of 6.42 per cent has consolidated its position as the second largest private sector player in the country.

How NRIs can buy a life insurance plan in India

April 16, 2019 2:41 pm

Some of the most common documents required for making a claim include a copy of the policy, death certificate of the insured, identity proof of the nominee, etc.

On the Loose: Lease of Life

March 05, 2018 12:14 am

It’s crucial to read between the lines of insurance policies

Woman declares herself 'dead' to claim insurance money; held

November 26, 2017 8:55 pm

The woman's husband Syed Shakeel Alam, a real estate agent who allegedly submitted "fake" documents declaring that his policy-holder wife had died, is on the run.

Shares of General Insurance Corporation fall nearly 7% in debut trade

October 25, 2017 11:47 am

The company proposes to utilise the proceeds towards augmenting the capital base.

Sale of stake by banks in insurance arm credit positive:Report

October 06, 2017 12:01 pm

"We expect that SBI will use some or all of the gain to strengthen its loan-loss reserves for non performing loans (NPLs) and thereby limit pressure on its profitability," the rating agency said.

Insurance firms to lose control over councils

March 16, 2015 1:29 am

With the passage of the Insurance Bill, these councils will be structured on the lines of self-regulatory organisations (SROs).

Insurance policies with low cover to attract TDS on surrender

July 12, 2014 9:26 am

This will be applicable to policies that are not covered under Section 10 (10D) of the Income Tax Act.

Life insurance sector awaits reforms with hopes of economic growth

May 26, 2014 10:40 am

FY14 saw some pick up in the first year premium collection in the life insurance space.