1.Germany's Munich Re raises stake in Apollo Munich Health Insurance to 49%
.
2.IRDAI slaps Rs 20 lakh penalty on Oriental Insurance Company.
3.Life Insurance Corporation of India launched its own insurance repository - LIC E-services.
4. National reinsurer GIC Re to open China branch in 2-3 months
5. Telangana becomes the first state to implement e-Vahan Bima scheme
6. Private sector non-life insurance firm SBI General Insurance has appointed Pushan Mahapatra as its new MD & CEO
7. IRDAI extends deadline for microinsurance products till March 31, 2016
8 K. Sanath Kumar has taken charge as the CMD of Kolkata-based National Insurance Company.
9.Mahindra Insurance Brokers – First Insurance Broking Company in the World to Achieve the Global Benchmark .
10.Insurance regulator, IRDAI inks first bilateral pact with UAE
11. Competition Commission of India (CCI) has given its approval for Nippon Life Insurance to hike its stake in Reliance Life Insurance to 49%.
12. LIC has introduced ‘Jeevan Pragati’, a non-linked, with-profits plan that offers a combination of protection and savings.
13.IDBI Federal Life Insurance, a private life insurer, has partnered with the Karnataka State Cricket Association (KSCA) for the launch of a bowling foundation.
14.Mahindra Insurance Brokers looking to cover 2.50 lakh villages in 3 years.
15.Apollo Hospitals Group firm to sell 23% in Apollo Munich Health Insurance.
16. The premium collection of life insurance companies rose by 9.5 per cent to Rs. 11,026.82 crore in December 2015.
17. SBI Life Insurance records 35% growth in new business premium.
18.Alice Vaidyan - First female CMD of GIC Re
.
19 Insurance sector is likely to attract FDI of over Rs. 12,000 crore in 2016.
20. Six foreign reinsurers apply to IRDAI to open branch offices.
21. HDFC life launches a new innovative digital platform,"memories for life".
22. Future Generali ties up with GIC Housing Finance
23. IndiaFirst Life enters pension space, launches retirement plan
24. HDFC Standard Life floats reinsurance arm in Dubai.
25.Kotak Life Insurance eyes Rs.3,500 crore premium in this FY.
26. IDBI Bank plans to sell 20% stake in Life Insurance JV for Rs 800 crore
29.Ergo to buy 23% stake in HDFC Ergo for Rs 1,122 crore
30. Govt approves new crop insurance plan, Pradhan Mantri Fasal Bima Yojana(PMFBY) for farmers.
31. Life Insurance Corporation (LIC) has collected over Rs 1,650-crore new premium in Uttar Pradesh during the current financial year.
32. LIC invests Rs 53,000 crore in equity markets in 10 months.
33. IDBI Bank to raise Rs 1,500 cr by selling stake to LIC
.
34.Telenor India offers Free Life Insurance cover to customers.
35. Canara HSBC Life sees 50% growth in eastern region business.
36. IRDAI to launch portal for health insurance plans information.
37. Insurers stop policy sales in over 60 localities to prevent fraudulent claims.
38. Bajaj Allianz launches micro term insurance
.
39.Kotak Life launches Premier Life Plan
40. Bank of India allots shares worth Rs 264 crore to LIC
41.LIC launches Jeevan Labh.
42. GSC Bank to sell insurance through agri cooperative societies.
.
2.IRDAI slaps Rs 20 lakh penalty on Oriental Insurance Company.
3.Life Insurance Corporation of India launched its own insurance repository - LIC E-services.
4. National reinsurer GIC Re to open China branch in 2-3 months
5. Telangana becomes the first state to implement e-Vahan Bima scheme
6. Private sector non-life insurance firm SBI General Insurance has appointed Pushan Mahapatra as its new MD & CEO
7. IRDAI extends deadline for microinsurance products till March 31, 2016
8 K. Sanath Kumar has taken charge as the CMD of Kolkata-based National Insurance Company.
9.Mahindra Insurance Brokers – First Insurance Broking Company in the World to Achieve the Global Benchmark .
10.Insurance regulator, IRDAI inks first bilateral pact with UAE
11. Competition Commission of India (CCI) has given its approval for Nippon Life Insurance to hike its stake in Reliance Life Insurance to 49%.
12. LIC has introduced ‘Jeevan Pragati’, a non-linked, with-profits plan that offers a combination of protection and savings.
13.IDBI Federal Life Insurance, a private life insurer, has partnered with the Karnataka State Cricket Association (KSCA) for the launch of a bowling foundation.
14.Mahindra Insurance Brokers looking to cover 2.50 lakh villages in 3 years.
15.Apollo Hospitals Group firm to sell 23% in Apollo Munich Health Insurance.
16. The premium collection of life insurance companies rose by 9.5 per cent to Rs. 11,026.82 crore in December 2015.
17. SBI Life Insurance records 35% growth in new business premium.
18.Alice Vaidyan - First female CMD of GIC Re
.
19 Insurance sector is likely to attract FDI of over Rs. 12,000 crore in 2016.
20. Six foreign reinsurers apply to IRDAI to open branch offices.
21. HDFC life launches a new innovative digital platform,"memories for life".
22. Future Generali ties up with GIC Housing Finance
23. IndiaFirst Life enters pension space, launches retirement plan
24. HDFC Standard Life floats reinsurance arm in Dubai.
25.Kotak Life Insurance eyes Rs.3,500 crore premium in this FY.
26. IDBI Bank plans to sell 20% stake in Life Insurance JV for Rs 800 crore
29.Ergo to buy 23% stake in HDFC Ergo for Rs 1,122 crore
30. Govt approves new crop insurance plan, Pradhan Mantri Fasal Bima Yojana(PMFBY) for farmers.
31. Life Insurance Corporation (LIC) has collected over Rs 1,650-crore new premium in Uttar Pradesh during the current financial year.
32. LIC invests Rs 53,000 crore in equity markets in 10 months.
33. IDBI Bank to raise Rs 1,500 cr by selling stake to LIC
.
34.Telenor India offers Free Life Insurance cover to customers.
35. Canara HSBC Life sees 50% growth in eastern region business.
36. IRDAI to launch portal for health insurance plans information.
37. Insurers stop policy sales in over 60 localities to prevent fraudulent claims.
38. Bajaj Allianz launches micro term insurance
.
39.Kotak Life launches Premier Life Plan
40. Bank of India allots shares worth Rs 264 crore to LIC
41.LIC launches Jeevan Labh.
42. GSC Bank to sell insurance through agri cooperative societies.
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