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Life Insurance - Pradhan Mantri Jeevan Jyoti Bima Yojana; 5,67,88,890 enrolments made and Rs. 2488.44 crore disbursed under the Scheme till 31st December, 2018 New Delhi: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has received total enrolments of 56.79 million and disbursed a total amount of Rs 2,488.44 crore (US$ 350.80 million) as of December 2018....

Press Information Bureau February 13, 2019

Merger of 3 PSU general insurers to be complete by FY'20 New Delhi: The Government of India is planning to conclude the merger of National Insurance Company, United India Insurance Company and Oriental India Insurance Company by 2019-20....

PTI February 04, 2019

Easier norms for foreign players to up competition in reinsurance market New Delhi: India's reinsurance market is expected to witness increased competition driven by relaxation of norms for foreign reinsurers by the Insurance Regulatory and Development Authority of India (IRDAI)....

Business Standard January 30, 2019

Crop insurance scheme designed to profit insurance firms: Chidambaram New Delhi, Nov 14 (PTI) Former finance minister P Chidambaram targeted the government over its crop insurance scheme Wednesday, alleging that it was designed to profit insurance companies and 84 lakh farmers, including those from Rajasthan and Madhya...

PTI November 14, 2018

Govt mulls 100% FDI in insurance broking; insurers' cap to stay at 49% The government is mulling permitting 100 per cent foreign direct investment (FDI) in insurance broking to give a boost to the sector, sources said....

Business Standard October 02, 2018
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