- 28 May 1502:30 PMMost retail investors use insurance products as tax saving instruments. Under Section 80C of the Income Tax Act, life insurance premium up to a maximum of Rs 1.5 lakh per financial year qualifies for tax deduction.12:39 AMGlobal reinsurance company Swiss Re is looking at closer collaboration with the government and the insurance regulator in health insurance.
- 27 May 1511:00 AMBhaskar J Sarma, MD & CEO, said in the last financial year, SBI General Insurance has emerged as the fastest growing amongst major general insurance companies.03:30 AMWhen car companies recall vehicles to fix problems such as faulty airbags, or defective steering column, the exercise might seem like a hassle.12:29 AMApollo Munich has a series of tests to ensure the wellness of their customers. At Max Bupa, employees are encouraged to walk up to their colleagues in the office instead of making a call to ensure they stay fit.
- 24 May 1511:30 PMA few days earlier, three government policies - Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and the Atal Pension Yojana - were launched with much fanfare.
- 21 May 1502:42 AMFederal Bank, one of the domestic partners in IDBI Federal Life Insurance, today said Europe's Ageas may hike stake in the insurance company to 49 per cent.12:20 AMBajaj Allianz Life Insurance plans to reduce its unit-linked insurance plan (Ulip) portfolio in two to three years, to level it with the traditional product portfolio.
- 19 May 1506:10 PMRepeated incidents of earthquakes in eastern and northern regions of the country have pushed up the demand for home insurance policy by at least 15-20% in the last one month.12:40 AMInsurance companies’ rural and social sector obligations will depend on how long they have been in business, according to the Insurance Regulatory and Development Authority of India (Irdai)’s draft regulations, issued on Monday.12:32 AMInsurance Regulatory and Development Authority of India (Irdai), in its final norms on transfer of equity shares of insurance companies, has said that no registration of transfer of shares or issue of share capital can be made which would result in the