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Insurance News
insurance_news
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Aegon Religare gets 850 mln rupees infusion
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Reuters
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Tue 09 Feb, 02:20 PM
MUMBAI (Reuters) - The founders of Aegon Religare Life Insurance has put in 850 million rupees of additional capital in the venture to fund expansion, it said on...
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Govt apathy takes the charge off electric vehicle makers
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Indian Express
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Tue 09 Feb, 03:34 AM
The electric vehicle industry, which started indigenisation in a big way four years back, is virtually bleeding and some organised players are also on the verge of shutting shops as they continue to sell their e-bikes at lower rate, courtesy no...
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EXCLUSIVE - Fed group eyes insurance fund for key market
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Reuters
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Tue 09 Feb, 01:20 AM
NEW YORK (Reuters) - Banks, investors and industry groups last week discussed creating a backstop insurance fund among other proposals to lessen the risk a distressed dealer could trigger a crisis in the world's largest funding...
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New India to introduce core insurance solution soon
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Indian Express
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Sat 06 Feb, 03:10 AM
The New Indian Assurance is in the process of implementing the Core Insurance Solution (CIS) to network its offices and automate its operations. New India Assurance chairman and managing director M Ramadoss said all the 26 regional offices and 393...
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Cholamandalam MS to start m-commerce by June 2011
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Indian Express
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Fri 05 Feb, 02:42 AM
Cholamandalam MS General Insurance Company (Chola MS), the joint venture between Murugappa Group and Japan s Mitsui Sumitomo Insurance Group, plans to offer its policies through mobile commerce by June 2011. The company will use technology from...
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Insurance bigwigs meet Irda chief over Sebi notice
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Indian Express
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Fri 05 Feb, 02:41 AM
As many as 31 CEOs of life as well as non-life insurance companies met J Harinarayan, chairman of the Insurance Regulatory & Development Authority (Irda), in Hyderabad to appraise him about the notice issued by the capital market regulator,...
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