"Life Insurance" News 

Anil Ambani-led Reliance Capital invites Japan's Nippon Life Insurance to buy its entire 42.88% stake in JV

Sources said the transaction could help clear around 40% of Reliance Capital's outstanding debt worth Rs 18,000 crore
Firstpost - Published

Reliance Capital offers to sell stake in asset management firm to Nippon Life Insurance

Reliance Capital Ltd said on Thursday it had asked partner Nippon Life Insurance to buy its entire 42.88 percent stake in Reliance Nippon Life Asset Management Ltd.
Reuters India - Published

Videos for "Life Insurance"

Everest Funeral Concierge Services Tip: Guaranteed Whole Life Insurance Policies [Video]Everest Funeral Concierge Services Tip: Guaranteed Whole Life Insurance Policies

Everest Funeral Concierge is a funeral planning and concierge service included with a life insurance policy offered by United of Omaha Life Insurance Company, a Mutual of Omaha Company. When help is..

Credit: Rant Sports     Duration: 01:06Published

Life Insurance Industry: Insurtech & Trends in 2018 [Video]Life Insurance Industry: Insurtech & Trends in 2018

According to Business, "Life insurance is fundamentally hard to sell; it's morbid to think about, promises no immediate rewards, and often requires a lengthy paper application with minimal guidance."..

Credit: Wochit     Duration: 00:30Published

People Want Health Insurance, Not an Office Ping Pong Table [Video]People Want Health Insurance, Not an Office Ping Pong Table

When it comes to fun work perks versus benefits that emphasize their well-being, a Ladder survey suggests the vast majority employees would rather have flexibility or transparency over an office ping..

Credit: Buzz60     Duration: 00:51Published

Looking For A Shortcut? Here Are Some Cities With The Shortest & Longest Commute: Report [Video]Looking For A Shortcut? Here Are Some Cities With The Shortest & Longest Commute: Report

The beginning scene of Office Space where Peter seems to be sitting for hours in traffic to get to work is something some of us can relate to. Buzz60's Mercer Morrison has the story.

Credit: Buzz60     Duration: 01:12Published

Study Finds The Office Perks Workers Want Most [Video]Study Finds The Office Perks Workers Want Most

As the modern workplace continues to evolve, so do the expectations of today's workforce. According to new research, "fun" perks like nap pods, ping pong tables and dog-friendly offices take a back..

Credit: SWNS STUDIO     Duration: 01:10Published

Inside Cramer's Exclusive [Video]Inside Cramer's Exclusive


Credit: The Street     Duration: 02:18Published

'Roma' and the Plight of Mexico's Domestic Workers [Video]'Roma' and the Plight of Mexico's Domestic Workers

Women as young as 16 start working with families for less than minimum wage and with little freedom.

Credit: Newsy Studio     Duration: 03:00Published

Everest Funeral Concierge Services Tip: All About Life Insurance [Video]Everest Funeral Concierge Services Tip: All About Life Insurance

Everest Funeral Concierge is a funeral planning and concierge service included with a life insurance policy offered by United of Omaha Life Insurance Company, a Mutual of Omaha Company. When help is..

Credit: Rant Sports     Duration: 01:25Published


Only 21% of life insurance holders have term insurance; 53% unaware of this cover, benefits: Survey

The survey showed that while 65 percent of respondents owned life insurance, the percentage of term insurance owners was a paltry 21 percent.
Firstpost - Published

Reliance Capital invites Nippon Life for its 42.88% stake in Reliance MF

The Anil Ambani-led Reliance Group's financial services flagship company Reliance Capital on Thursday said it has invited its partner Nippon Life Insurance Company to make an open offer for its 42.88..
Sify - Published

PNB Metlife IPO likely next fiscal: Sunil Mehata

State-run Punjab National Bank may look at listing its life insurance arm next financial year and is currently in the process of selling its 4 percent of 30 percent stake in PNB Metlife to discover..
DNA - Published

HDFC ERGO Launches The First-of-its-kind ‘Trip Protector’ Policy

*HDFC ERGO General Insurance Company*, India’s third-largest non-life insurance provider in the private sector, today announced the launch of ‘*Trip Protector*’ insurance policy, a pioneering..
NewsVoir - Published

Banks ask JVPL promoter to bring in Rs 2,000 crore equity in recast plan

The restructuring plan proposed by the bankers will need to get the nod from Life Insurance Corporation, which is also one of the lenders
DNA - Published

Fourth edition of Delhi marathon to be flagged off by Sachin Tendulkar

Over 18,000 runners are set to participate in the fourth edition of IDBI Federal Life Insurance New Delhi Marathon, to be held on February 24, and flagged off by cricket legend Sachin Tendulkar.
DNA - Published

LIFE INSURANCE: Premium will depend on how overweight/obese individual is

However, if all the other health parameters are normal, favourable terms can be offered basis the underwriting norms of the company
DNA - Published

Rahul Khosla to Transition from Group President to a Group Advisor Role in Line with Agreed Plans Analjit Singh to Become Chairman of Max Life and Max India Mohit Talwar to Become Group Vice Chairman

rahul khosla to transition from group president to a group advisor role in line with agreed plans analjit singh to become chairman of max life and max india mohit talwar to become group vice chairman
India’s leading multi-business conglomerate, the *Max Group*, today announced that *Rahul Khosla*, currently Group President, will move to a non-executive role as Group Advisor effective 1 April,..
NewsVoir - Published

Max Financial Services Reports Q3 Consolidated Revenues of Rs. 4,124 Cr., Growing 12%

*MFS key subsidiary Max Life Insurance Financial Highlights:* · Revenue[1]: Rs. 4,113 Cr.; grows 12% · Embedded Value grows to Rs. 8,254 Cr.; Operating Return on EV: 18.8% · Highest ever..
NewsVoir - Published

Bharti AXA Life unveils new child plan with flexible maturity benefits

Leading private insurer Bharti AXA Life Insurance on Monday announced the launch of its new child insurance plan 'Bharti AXA Life Shining Stars that provides life cover to parents and protects their..
Sify - Published

Statement From Prudential Financial, Inc. Regarding DHFL Pramerica Life Insurance

“An article appeared yesterday in the press that misrepresented Prudential Financial's plan with regard to DHFL Pramerica Life Insurance (DPLI), our joint venture with Dewan Housing Finance. To be..
NewsVoir - Published

IDBI Bank gets LIC money, to come out of PCA by September

The bank has also put its stake in IDBI Federal Life Insurance Company and IDBI Mutual Fund on sale in the next six to eight months as LIC also has a mutual fund
DNA - Published

IDBI may now become LIC IDBI Bank or LIC Bank

The board of IDBI Bank Monday proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank following its takeover by Life Insurance Corporation.
DNA - Published

Merger of 3 PSU general insurers to be complete by FY20; combined entity to be largest non-life insurance company in country

The merger of National Insurance Company, United India Insurance Company and Oriental India Insurance Company was first announced in the Budget 2018-19
Firstpost - Published

Reliance Nippon reports 34% growth in WRP segment

Reliance Nippon Life Insurance said on Monday its individual weighted received premium (WRP) was Rs 220 crore in the third quarter of 2018-19, marking an increase of 34 per cent in the year-on
Sify - Published

New Zealand: High noon for the life insurance industry? - Chapman Tripp

The Government will fast-track legislation to address issues in the FMA/RBNZ review into the life insurance industry.
Mondaq - Published

Postal dept to spin off life insurance business into separate unit, says communications minister Manoj Sinha

The postal department plans to spin off the postal life insurance and rural postal life insurance operations into a separate business unit (SBU) for which it has moved a Cabinet note, Communications..
Firstpost - Published

United States: Sixth Circuit Invalidates Tennessee's Punitive-Damages Cap And Holds That Punitive Damages Are Available Under Tennessee Law For Bad-Faith Denial Of Insurance Benefits - Mayer Brown

The plaintiffs in Lindenberg sued Jackson National in state court for failure to pay benefits due under a $350,000 life insurance policy.
Mondaq - Published

PPF money goes to nominee, equities need Will

In case of an eventuality, nominee is the beneficiary and supersedes the Will for PPF and Life Insurance (Married Women's Property). In case of equities, if the value is more than Rs 5 lakh, then..
DNA - Published

INVESTMENT: Don't view tax saving as an isolated goal

While, PPF, EPF, life insurance policies, etc, are all effective instruments of saving tax, they are not great wealth building tools
DNA - Published

Postal life insurance currently offers only traditional policies

Since there are limited options available with postal life insurance you can also explore other life insurance options available in the market for larger spectrum of cover
DNA - Published

Bharti AXA Life acts against mis-selling and insurance frauds

Leading private life insurer Bharti AXA Life Insurance has embarked upon a public awareness drive to fight against spurious calling and mis-selling with a view to making customers alert and aware about..
Sify - Published

HDFC ERGO Launches #CamSurvey Claim Processing for ‘Jaldi Claim’ Settlement

*HDFC ERGO General Insurance Company*, India’s third-largest non-life insurance provider in the private sector, today announced the launch of the first-of-its-kind *#CamSurvey* motor claim service, a..
NewsVoir - Published

Should you pay more for claim settlement surety?

While insurance companies tom-tom about their high claim settlement ratios, it should not be the only factor when buying a life insurance policy
DNA - Published

Max Life Insurance overtakes LIC in terms of claims settlement in FY 2017-18, shows IRDAI data

Max Life Insurance has introduced many checks and balances to strengthen the customer application and underwriting process
Firstpost - Published

Moody's upgrades IDBI Bank's rating by a notch on LIC takover

The upgrade follows the Life Insurance Corporation acquiring 51 percent stake in the crippled lender which has around 32 percent of its assets as dud loans, thereby, improving its solvency.
Zee News - Published

Max Life Insurance Launches InstaClaim™ with an Endeavour to Pay Death Claims up to Rs. 50 Lakhs in Just 1 Day

*Max Life Insurance Co. Ltd.* (“*Company*”), one of the leading life insurance companies in India, has launched InstaClaim™, an initiative that endeavours to pay death claims in just 1 day for..
NewsVoir - Published

Tamil Nadu: 'Threatened' teachers take Rs 1 crore life insurance

1 crore fearing threat to their life at workplace.Tussle between a group of teachers representing the association of university teachers (AUT) and the college management has led to this situation.
IndiaTimes - Published

HDFC Life posts Rs 913 cr profit, to focus on protection products

Private life insurer HDFC Life Insurance Co Ltd closed the nine month period with a net profit of about Rs 913 crore, said a top company official.
Sify - Published

Insurance sector to witness strong growth on robust GDP expansion, evolving regulatory regime: Moody's

During fiscal 2018, total gross premiums for the non-life and life insurance sectors grew 11.5 percent to Rs 6.1 lakh crore ($94 billion), bringing the 5-year compound annual growth rate (CAGR) to 11..
Firstpost - Published

China: CBIRC Releases Results Of Special Investigation Into Certain Life Insurance Products - Clyde & Co

On 4th May 2018, the China Banking & Insurance Regulatory Commission ("CBIRC") issued its ‘Notice of the Launch of Special Remedial Investigation Into Certain Life Insurance Products' ("Notice")
Mondaq - Published

‘Life Insurance Reloaded’ – Coverfox’s Revamped Platform for a Enhanced User Experience

‘life insurance reloaded’ – coverfox’s revamped platform for a enhanced user experience
Coverfox, India’s largest InsurTech platform, has announced the launch of its revamped Life Insurance Product interface to meet users’ goals. The revamped version will provide an easy-to-use..
NewsVoir - Published

UBI scouts for life insurance partner

The East-focused nationalised bank that offers a distribution network of over 2,000 branches, which can translate into a Rs 200 crore business
DNA - Published

Statistics reveals grim reality of India's under-penetrated insurance sector

Statistic reveals that only 25% of Indians could be covered by some form of life Insurance. Worst, only 8% have a plan that protects from the death of an earning member.
Sify - Published

You may lose tax benefit on your life insurance policy if it lapses

RISK COVER: Tax deduction for life insurance premium is allowed only if it 10% or less of the sum assured; for differently-abled 15% is allowed
DNA - Published

Don't skip your life insurance illustration

The main items to review in an illustration are your premium payment term, likely benefits, surrender costs and guaranteed benefits
DNA - Published

Canada: Almost A Sweet Deal: The Supreme Court Of Canada's Decision In Moore v Sweet - McKercher LLP

When Mr. Lawrence Moore died, he left behind a messy legal issue for his surviving spouse and ex-wife to deal with: Who gets the life insurance proceeds?
Mondaq - Published

Ahmedabad: Consumer forum asks firm to pay insured Rs 12 lakh despite fake school leaving certificate

The matter pertains to one Rohan Gaekwad, who approached the forum after Tata AIA Life Insurance Company rejected the life insurance claim of Rs 12 lakh of his uncle
DNA - Published

Ireland: Central Bank Publishes Outcome Of Thematic Inspection Of The Sale Of Gadget Insurance To Consumers - Arthur Cox

Following a thematic inspection of the sale of gadget insurance, the Central Bank has published a letter to industry calling on firms providing non-life insurance products
Mondaq - Published

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