Indian insurance regulator Insurance Regulatory and Development Authority (IRDA) has decided to fight against mis-selling by educating insurance agents through a training project. The incidences of mis-selling have grown, particularly ...
Tags: Insurance
Indian Insurance Regulatory and Development Authority (IRDA) is mulling a proposal to allow insurance companies to offer five-years health insurance policies, in a bid to help customers by making renewal process easy. General and ...
Tags: Health Insurers, Service
India-based private cReliance Life is looking to ink a bancassurance pact to distribute its array of insurance products and services in the country as well as offer a minority 5%stake in the company. The underwriter is seeking a suitable ...
Tags: Reliance Life
UK-based diversified insurance company Aviva is reportedly considering divesting its 26% shareholding in its Indian life insurance joint venture (JV) Aviva India, which represents its exit from the business in the country market. The ...
Tags: Aviva, Insurance JV
Liberty Videocon General Insurance Company, a joint venture floated by the US underwriter Liberty Mutual Insurance and Videocon Industries has received insurance license to conduct operations in India. The permit granted by India's ...
Tags: Liberty Videocon, insurance license, operations in India
Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India. Sources familiar with the matter told Moneycontrol.com: "Swiss Re will pick up 26% ...
Tags: L&T, health insurance, Swiss Re
HCL is in talks with DLF Pramerica Life Insurance to acquire 51% stake, a move that will allow the latter to foray into the Indian insurance market. DLF Pramerica Life Insurance is joint venture between DLF and Prudential International ...
Tags: HCL, DLF Pramerica Life Insurance, acquisition, Indian insurance market
HSBC is planning to exit its insurance joint venture Canara HSBC Oriental Bank of Commerce Life Insurance Company in India, a second foreign company to depart Indian insurance sector. The JV was formed by Canara Bank, Oriental Bank of ...
Tags: HSBC, insurance joint venture, Commerce Life Insurance, Indian insurance