Private life insurers have entered into their eighth year of operations in the country but they are yet to generate profits. Usually, insurers globally take six-seven years to break even, or turn......
Global economic concerns and the fall in equity markets has taken a toll on life insurance sales with new premium income expected to drop by at least 2 per cent in 2008-09, industry players said.......
Concerned over profits being eaten away by the new provision of guaranteed returns on pension plans, life insurance companiesplan to take up the issue with the Insurance Regulatory and Development......
The recent changes made to unit-linked insurance plansare going to pinch the agents that sell these insurance products the most. With the new cap on the charge during the term of the policy,......
The insurance regulator is taking a closer look at unbridled expansion by companies and those ignoring customer grievances. Insurance Regulatory and Development Authority (Irda) Chairman J Hari......