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1-10 results from 136 for query «irda»

16 January, 2019 6:47 AM Indiabulls Integrated locked in 5% upper circuit on R1 acceptance from IRDA for life insurance biz

Company is in the process to move ahead with the next step of filing its application for registration (R2) with IRDAI to undertake life insurance business in India. Indiabulls Integrated Services shares were locked in 5 percent upper circuit at Rs 332.05 on Wednesday after receiving R1 acceptance from the insurance regulator for its life insurance business 1033

21 July, 2018 4:49 AM Three And Five Year Third Party Insurance Mandatory, Says Supreme Court

For all new 4-wheelers, a 3 year third party insurance is compulsory while for 2-wheelers, a 5 year third party insurance is now mandatory. Third party insurance for two-wheelers and four-wheelers was always mandatory. But from September, 2018 onward, all new two-wheeler and four-wheeler customers will have to shell out more money and have to pay third 87

26 March, 2018 11:03 AM Government guarantee for IRFC bonds

Removes hurdle for subscription by Life Insurance Corporation In a significant move, the Ministry of Finance has approved a proposal to provide government guarantee of ₹ 5,000 crore in the current financial year for Indian Railway Finance Corporation (IRFC) bonds to be subscribed by Life Insurance Corporation (LIC). The guarantee fee for the amount has also been waived 73

11 January, 2018 5:26 PM IRDAI plans to revokeform for life products

No useful purpose served : regulator Insurance regulator IRDAI plans to withdraw the standard format for life insurance proposal form, four years after evolving and putting its implementation on the hold. “It is now proposed to repeal the IRDA (Standard Proposal form for Life Insurance) Regulations, 2013,” Insurance Regulatory and Development Authority 69

11 November, 2017 3:30 PM TI Financial Holdings net profit rises 84%

TI Financial Holdings Ltd., formerly known as Tube Investments of India, posted an 84% rise in its standalone net profit for the second quarter ended September 2017 at ₹24.84 crore compared with the year-earlier period. Total income rose 79% to ₹26.22 crore. Separately, Cholamandalam Investment & Finance Co. Ltd. recorded a 24% rise in disbursements 85

5 September, 2017 9:08 AM Reliance General Insurance receives in-principle nod from IRDA for IPO

Listing of Reliance General Insurance is expected to be completed in FY18, the company said. Reliance General Insurance, a wholly owned subsidiary of Reliance Capital, has received in-principle approval from the Insurance Regulatory and Development Authority for the process of its proposed IPO. Listing of Reliance General Insurance is expected to be completed 72

7 July, 2017 5:57 AM IRDA gives in-principle approval for SBI Life IPO of Rs 7,400-8,500 cr

Insurance Regulatory and Development Authority has given an in-principle approval for the IPO of SBI's life insurance subsidiary, reports CNBC-TV18 quoting sources. It is learnt that SBI Life Insurance is likely to file draft red herring prospectus (DRHP) with capital market regulator SEBI in coming weeks. The life insurance subsidiary of the country's 43

5 March, 2017 5:33 AM Third party car insurance to cost more

NEW DELHI: The premium for third party motor vehicle insurance is set to go up significantly as the government has agreed to do away with the cap on third party liability of insurance companies in case of grievous injuries or deaths in road crashes. The Insurance Regulatory and Development Authority has proposed a nearly 50% hike for most categories 207

30 January, 2017 2:55 AM Unhappy with rules, ITI Reinsurance writes to FinMin, IRDA

Even as the Indian reinsurance market has seen hectic activity, players are unhappy with rules framed by the regulator. Listed company Fortune Financial-owned ITI Reinsurance has opposed these rules and has written to the Finance Ministry and IRDA, people close to the developments told CNB-TV18. Even as the Indian reinsurance market has seen hectic activity 194

20 January, 2017 12:21 PM Fairfax May Sell 25% Of ICICI Lombard In Up To $1 Billion Deal: Report

Mumbai: Fairfax Financial Holdings is in early talks to sell 25 per cent of ICICI Lombard, India's largest private general insurer, in a deal that could fetch up to $1 billion, as the Canadian firm looks to cash out and start a new insurance joint venture, sources familiar with the matter said. ICICI Lombard is a joint venture formed in 2001 between 78