insurance

One of the leading insurance companies in India, Max New York Liferecently had formed a tie up with its corporate agent PeerlessDevelopers to distribute Max Vijay — a policy for the underserved. MaxVijay has recorded sales figures of over 30,000 policies in such asmall time frame. On an average, daily 1,000 Max Vijay policies aresold. … Read more Max Vijay crosses a sales target of 30,000 policies

Birla Sun Life Insurance (BSLI) a part of Aditya Birla Group hasexpressed its aspiration to emerge as amongst the top 3 insurancecompanies in India. For this, company plans to launch contemporaryproducts. It also plans to expand its network of branches in India. InFY 2008-09, company stood at the fifth position having a 9% marketshare (amongst … Read more Birla Sun Life aspires to emerge amongst the top 3 life insurance companies

Religare Enterprises has formed joint venture with Swiss Reinsurance Company (Swiss Re) to incorporate a health insurance company in India. Religare expects to emerge as one of the leading players in health insurance segment in India. Swiss Re is one of the world’s leading and diversified reinsurers. This investment reflects its commitment towards the development … Read more Religare inks pact with Swiss Re to foray into health insurance

The Punjab and Haryana High Court issued warning against National Insurance Company (NICL) for attempting to back out from its contractual obligation of providing medical reimbursement to more than 8,00,000 beneficiaries of the Bhai Ghanya Sehat Sewa Scheme under the sponsorship of Bhai Ghanya Trust. The trust was set up by the Punjab government for … Read more National gets warning on Bhai Ghanya Sehat Sewa Scheme

SBI Life Insurance has topped the list of private life insurers in terms of new business premium for the month of March 2009, as per an IRDA report. The company attained Rs 1,038 crore of new business premium in March 2009. Individual non-single premium contributed the most, almost 54%, to the business in the month … Read more SBI Life tops the list of private insurers for new business premium: IRDA

Max New York Life Insurance Company (MNYL) is planning to reach out to the uninsured population through the unorganized kirana shops to sell its recently launched insurance cum saving plan — Max Vijay. The insurer is implementing a pilot project in Uttar Pradesh covering 30 districts and 100 retailers including grocery shops and other mini-retail … Read more Max New York Life adopts new channels for distributing Max Vijay