Wealth-The Economic Times

News and analysis on Insurance Rates, Policies and Plans. News and analysis of Life Insurance, Health Insurance, Medclaim, Auto Insurance, Car Insurance, General Insurance, LIC, Premium Payment and Tips on Investment in all kinds of Insurance Policies

Irdai to form actuary panels for life, general insurers

The Insurance Regulatory and Development Authority of India (Irdai) has invited bids from actuaries and firms employing such analysts to form a 'Panel of Actuaries'.
Posted: February 20, 2017, 7:36 pm
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Better days ahead for Indian general insurance companies

In the 17 years since the private sector general insurance companies were permitted to write policies, hardly anything changed for nearly a decade.
Posted: January 25, 2017, 12:29 am
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HDFC ERGO to offer instant motor policy for Maruti Suzuki car buyers

As a pilot, the insurance will be offered to the buyers of Maruti Suzuki cars in the cities of Pune, Surat and Baroda. 
Posted: October 21, 2016, 6:47 pm
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Workers can soon choose insurance plans other than ESI

"The Ministry will push the bill for passage in the forthcoming Winter Session of Parliament beginning November 16," the source added.
Posted: October 16, 2016, 12:29 pm
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Max Life, HDFC Life merger to be completed in 12 months

"The merger should be over in the next 9-12 months as all the requisite regulatory and statutory approval is expected by that time," sources said.
Posted: September 29, 2016, 7:03 pm
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This device will price your car insurance

The device, which plugs into the car's on-board diagnostics (OBD), relays information on quality of driving and usage of cars to the insurance company.
Posted: September 27, 2016, 10:43 am
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SBI Life, Tata AIA gains from Reliance Life, Star Union Life income collapse

Banks and web aggregators sell mostly unit-linked insurance products, which are market linked. Similarly, brokers and agency is skewed towards selling traditional products.
Posted: September 19, 2016, 4:49 pm
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Universal Sompo General Insurance sees management level changes

Sources close to the development said that the search for an MD is in full swing and the company has last week interviewed a few senior people in the industry for the job.
Posted: August 30, 2016, 4:00 pm
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Insurers will have to deal with more taxes in GST regime: Report

The number of taxes will increase as calculation of input-output tax credits will be done separately for each individual state in which they are earned.
Posted: August 12, 2016, 8:00 pm
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HDFC, Max group merge life insurance businesses to create company worth Rs 67,000 crore

As per the agreed valuation and exchange ratio, the relative valuation of HDFC Life and Max Life would be 69 per cent and 31 per cent, respectively.
Posted: August 9, 2016, 7:18 am
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