Insurance cover for tsunami-hitia
The Kerala Government and the Centre in association with the United India Insurance Company Ltd will jointly launch a health and personal accident insurance policy for the “Tsunami affected below poverty line (BPL) ... More

PSU insurers told to have CIS system by Sept
The Finance Ministry has asked public sector insurance companies, both general and life, to begin implementation of Core Insurance Solution (CIS) by September. CIS is identical to Core Banking Solution and is intended to completely network all the branches of the insurance companies. Ministry asks them to emulate Oriental model...More

LIC readying plan for girl child
The Life Insurance Corporation (LIC) is in talks with several State Governments on introducing an insurance scheme for the girl child. "We have devised a tailor-made insurance scheme for the Karnataka Government, especially for girl children ...More

IIRM, Rocsys sign MoU for Basel-II
Hyderabad, Aug 22 The Institute of Insurance and Risk Management (IIRM) here and Rocsys, a software company, have entered into an understanding to provide Basel-II solutions to banks.Rocsys, also a Hyderabad-based company, has developed ....More

SBI Life group insurance plans
SBI Life will shortly launch Dhanaraksha Plus Products, “a sort of umbrella scheme covering a variety of loans such as home loan, car loan and personal loan distributed through a group insurance policy with the lending institution,... More

Actuarial-funded ULIPs to be phased out
The Insurance Regulatory and Development Authority (IRDA) has decided to phase out actuarial-funded products in the Unit Linked Insurance Product (ULIP) segment.In a release issued here on Saturday, IRDA said though technically there...More

U.S. Hurricane Outlook Gets Worse For This Season
If the credit crunch isn't enough for Wall Street to worry about, don't forget the chance a major hurricane could swamp U.S. markets in the next several weeks...More

Is Universal Health Insurance On The Horizon?
Is Congress moving toward creating universal heath insurance for all 302 million Americans? A look at the current climate in Washington...More

Health Insurers Mull Costs, Future of Medicare
With Medicare a likely target of future government cuts, curbing costs while increasing paying customers is an utmost priority for insurers...More

Consumer-Directed Healthcare Will Create $40 Billion in New Business Opportunities For Financial Services Firms, Healthcare Companies
Consumer-directed healthcare plans don't have a reputation for being particularly consumer-friendly. That will change. "Consumers and employers can expect a lot of innovation from healthcare companies and financial services firm ...More