The Economic Times: Latest business, finance, markets, stocks, company news from India.
IRDA to review insurance cos' financial health
The liquidity crunch could force insurance regulator IRDA to review domestic insurers’ business plans and assess whether companies can infuse extra funds during this financial year.
Tata AIG unveils unit-linked health plan
InvestAssure Health is an investment plan which also gives a comprehensive health coverage. The plan enables customers to create a fund to pay for high medical expenses.
IRDA may have to seek insurance JV details
Unlike banks, domestic insurance cos do not have any exposure overseas. Irda’s regulation debars insurers from investing funds abroad.
LIC hikes stake in select blue chips beyond 10%
LIC has raised its stake beyond 10% in a few blue chip companies even after the insurance regulator IRDA decided to impose a cap of 10% on the institution’s investment in a single company.
Insurance against terror attacks finds many takers
With bomb blasts now becoming a distressingly regular feature, the feeling of insecurity is now leading people to buy stand-alone insurance against terrorist attacks.
Market turmoil hits life insurance industry
Growth rates for the industry have slowed down and initial estimates from companies show that companies are unlikely to fare better in the month of September.
It's time for economics to take over
The stock market crash following the credit crunch may force promoters of Indian life insurance companies to take an economic view of their business earlier than anticipated.
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