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Mumbai, March 26, 2015
LIC Chairman S K Roy said since life insurers have long-term liabilities in the form of policy contracts, such bonds would be a good bet.

New Delhi, March 24, 2015
Insurance Regulatory and Development Authority (Irda) has imposed a penalty of Rs 15 lakh on the insurer for violation of the regulatory norms during 2008-09, 2009-10 and 2010-11.

New Delhi, March 20, 2015
The third-party motor insurance cover is for any collateral damage to a third party, generally a human being, caused due to road accident.

New Delhi, March 18, 2015
\"The insurer shall be responsible for all acts and omissions of its agents including violation of code of conduct specified under these guidelines,\" Irda said.

Amit Kapoor
March 17, 2015
The Insurance Bill is all set to benefit consumers, who may witness an increase in choice with the entry of newer players as well as increase in the sector's competitiveness.

Mumbai, March 17, 2015
\"The authority intends to provide the regulatory framework governing various aspects of conduct of the ETASS system,\" the Irda website said.

SPS Pannu
New Delhi, March 16, 2015
SB Mathur, secretary general, Life Insurance Council, told Mail Today that the new law is good for consumers as it holds insurance firms liable for the mis-selling of products.

New Delhi, March 16, 2015
\"Lloyd's has informally approached Irda for expansion. They have been waiting for the passage of the Bill to take this forward,\" Irda chairman TS Vijayan told PTI.

Mumbai, March 15, 2015
The insurance industry said that the new law will help arrest the high attrition rate, which has been dogging the sector for many years.

New Delhi, March 14, 2015
The Finance Ministry said consumer interest will be better served through provisions like those enabling penalties on intermediaries/insurance companies for misconduct.

New Delhi, March 12, 2015
Welcoming the announcement by French insurance company AXA and UK's Bupa for raising investment in the Indian joint venture, Minister of State for Finance Jayant Sinha said it addresses the concerns that raising the foreign investment cap will not result in any fresh capital inflow.

New Delhi, March 12, 2015
The smooth sailing of the bill in the Rajya Sabha where the ruling NDA is in a minority, was possible with the help of opposition parties like Congress, AIADMK, NCP and BJD besides allies Shiv Sena and Akali Dal.

Dipak Mondal/Money Today
March 12, 2015
In health savings plan, a part of the premium goes towards a savings/investment account, and the rest covers you from high-risk diseases.

Chennai, March 10, 2015
Simply put, owners of Tata Nano will be paying Rs 426 more as third party premium than the owners of Tata Bolt - both from Tata Motors.

Anand Adhikari
March 14, 2015
The government has taken the sheen off the FDI cap hike in insurance by mandating Indian partners to keep management control of local joint ventures.

New Delhi, March 6, 2015
According to a report prepared by KPMG, Knight Frank and Hariani & Co, nearly $96 billion worth or 1.41 billion sq.ft of occupied commercial real estate across the country, with the top seven metros forming a major part of it, can be listed on the REITs platform.
March 3, 2015
Two-wheeler owners can soon buy a motor insurance policy for a period of three years.

Teena Jain Kaushal
February 28, 2015
The Union Budget also raised the deduction limit for health insurance policy to Rs 30,000 from Rs 20,000 for senior citizens.

BT Online Bureau
New Delhi, February 28, 2015
Finance Minister Arun Jaitley on Saturday presented his maiden full-year Budget for the 2015-16 financial year in the Lok Sabha. Read the full text of his speech here:

Dipak Mondal and Sarbajeet K Sen
February 27, 2015
Wide-ranging changes are in the offing in the National Pension System, says Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant G Contractor.

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