All articles by Verdict Staff
Verdict Staff
LIC to withdraw 14 policies to comply with Irdas new product guidelines
Life Insurance Corporation (LIC) has decided to stop selling as many as 14 policies in order to comply with the Insurance Regulatory and Development Authority (Irda)s mandate to implement new product regulations.
IndiaFirst Life Insurance to enter micro-insurance segment
IndiaFirst Life Insurance is planning to launch a new micro-insurance product, a move which will mark the companys entry to the segment.
Aviva India rolls out new online term plan
Aviva India, a joint venture between Dabur Group and Aviva Group, has introduced i- Life Secure, a new online term policy that comes with a 15-year built-in income protection.
Resolution plans to divest Lombard insurance business
British life group Resolution, is negotiating with unidentified buyers to sell its Luxembourg-based Lombard business, which offers tax-efficient insurance products to ultra-rich individuals.
American General selected as preferred life insurance partner by Edward Jones
American General Life Companies has been selected as preferred life insurance partner by financial services firm Edward Jones.
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Zurich Insurance to sell 9.4% stake in New China Life Insurance
Zurich Insurance Group, a Swiss multi-line insurance provider, has agreed to divest its remaining 9.4% shareholding in New China Life Insurance, in a transaction worth $943m (£584.7m).
Missouri Department of Insurance reaches settlement with New York Life
The Missouri Department of Insurance in the US has reached a settlement with New York Life following an examination into the companys handling of life insurance and annuity benefits.
Aegon Religare Life Insurance launches new guaranteed return plan
Aegon Religare Life Insurance has introduced a new guaranteed return plan, aimed at clients looking for steady returns over the medium term.
Principal Financial launches new indexed universal life flex product
The Principal Financial Group has launched a new product, to deliver affordable protection, flexibility and other consumer-friendly features.
Allianz Life Insurance rolls out Allianz Signature 7 Annuity
Allianz Life Insurance Company has launched the Allianz Signature 7 Annuity, exclusively available for financial professionals associated with the Allianz Preferred platform.