NIPPON LIFE INSURANCE
Banks can’t claim tax relief on FD insurance
Reversal of credit would lead to an increase in cost by anywhere between Rs 200 to Rs 500 crore for banks.
This Rs 4.5 lakh crore asset manager is losing market share, but stock is up 100%
Analysts now expect returns from the stock to moderate afte...
Reliance Nippon Life adequately capitalised, says CEO
The venture between Reliance Capital and Nippon Life of Japan can increase the number o...
Policy shift: Insurers blacklist coal
Coal exit policies have been announced by 17 of the world's biggest insurers controlling 46 percent of the reinsurance market and 9.5 percent of the primary insurance market, said the Unfriend Coal campaign, a coalition of environmental groups, as it released its third scorecard on the sector.
How IRDAI protects policyholders from crises at insurance companies
Insurers are required to follow certain investment norms, like they cannot invest in debt securities with a rating below AAA. If any asset is impaired and the rating falls below AAA, it has to be marked to market. The insurer cannot hide this.
Only up to Rs 1 lakh, not all money, insured in banks: RBI-owned subsidiary
Finance Minister Nirmala Sitharaman last month said the government plans to bring in legislation on raising the insurance cover on bank deposits from the current Rs 1 lakh during the winter session of Parliament.
IRDAI proposes to reduce sum insured on standard health indemnity insurance to Rs 5 lakh
IRDAI proposed to mandate all general and health insurers to offer a standard indemnity-based health insurance product with a sum insured ranging from Rs 1,00,000 to Rs 5,00,000 on individual as well as family floater basis
Prefer large banks over insurance & NBFCs: Vinay Sharma, Nippon India MF
We are advising our clients to invest more in banks and go bottom up in picking stocks.
MobiKwik,Aditya Birla Health Insurance introduce Cancer Protect Cover starting Rs 125
The policy provides cover for breast, cervical, oral cavity, lung, and colorectal cancers which accounts for 47.2% of all cancers in India. Users can buy two policies of Rs 7.5 lakh and avail the cover of Rs 15 lakh.
Compensation you get for poor services offered by insurers, banks, mutual funds, tax department
Did you know that financial services providers like banks, insurers and fund houses have to pay a penalty to you if they don't meet deadlines? Even the tax department is not free from this. Here is the compensation you can claim for poor services.
Six ways your motor insurance policy is set to change. Here's how it could affect you
The Insurance Regulatory and Development Authority of India has released draft rules to revisit the current own damage product structure of motor insurance policies. Here are six key changes that you need to be aware of.
Life insurers explore financial reinsurance to raise capital
A study by Actuarial firm Milliman showed that 35 per cent of the 17 companies in survey are looking to raise capital from reinsurers.
5 low-rung stocks that doubled investor wealth on depressed D-Street this year
Some 23 other stocks delivered more than 50 per cent returns since the start of 2019.
64 lakh have benefited from Ayushman Bharat so far
As of November 28, 2019, 63.7 lakh beneficiaries had availed of hospitalisation services and almost 20,000 public and private hospitals across India have been empanelled under the Ayushman Bharat scheme.
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