Insurance Regulatory and Development Authority of India (IRDAI) chairman T S Vijayan today said they will soon take a view on extending long-term products to health insurance sector as the same was introduced for the first time for the two-wheeler
Insurance companies will now be required to not only disclose more details about the product returns in the life policies that are being sold, but also have segment-wise reporting on the general insurance side to ensure that there is no
Power Finance Corporation (PFC)’s Rs 700-crore tax-free bond issue was subscribed 12 times on the first day, owing to attractive pricing. The issue saw bids of about Rs 8,500 crore, according to BSE data.
To safeguard investors' interest and help them maximise returns, markets regulator Sebi is set to tighten norms for mutual funds by asking them to lower the cost of investments and be more vigilant about risky assets.
Insurance cover has never been the top priority among policyholders. Instead it has been synonymous with investment-linked endowment plans. They come with guaranteed maturity benefit along with insurance cover.