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Metlife Insurance

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LIC raises Rs 5,627 cr from anchor investors led by domestic institutions

Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions ahead of its mega initial public offering (IPO).......

PNB reworks deal with MetLife to fit regulatory bill

Punjab National Bank, which had proposed to buy 30 per cent in MetLife Insurance for Rs 1, has reworked the sale agreement amidst the insurance regulator's discomfort with the deal structure.......

Complaint is possible for Ulip claim

Consumer activist Jehangir B Gai explains an important new ruling by the National Commission.Illustration: Uttam Ghosh/Rediff.com   The National Commission had decided that disputes......

Insurers bet big on 'shopassurance'

After developing bancassurance channels, which banks use to sell insurance products, the latest buzzword among insurance companies is "shopassurance" - selling insurance through supermarkets and......

How life insurance companies get celebrities on a small budget

Life insurance companies are balancing the increasing use of celebrity endorsers by limiting the association to short, event-led campaigns, finds M Saraswathy.     It seemed like an......

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