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HDFC Standard Life Insurance News
It is a status quo budget with routine announcements: Insurance sector Chennai, March 16 (IANS) The Indian insurance industry is unanimous that the 2012-13 budget presented by Finance Minister Pranab Mukherjee is status quoist and the hike in service tax to 12 percent would not impact the sector. Insurance officials are also of the view that Mukherjee's announcement that the insurance amendment laws would be moved is a routine one. "The increase in service tax will
HDFC Standard Life to consolidate gains of direct sales force
Private life insurer HDFC Standard Life Insurance Company Ltd will consolidate the gains of its direct sales force and bring in better efficiencies next fiscal before venturing into beefing up the team, a senior official said.
Insurance industry: Turbulent times for a sunrise sector
Insurance regulator fines HDFC Standard Life for claims delay
India's insurance regulator Wednesday imposed a fine of Rs.500,000 on Mumbai-based private life insurer HDFC Standard Life Insurance Company Ltd for not having in place effective procedures to comply with regulations and delaying settlement of a death claim.
'We don't expect any radical changes'
Guaranteed returns only for conservative
Returns on NAV-guaranteed plans are higher than debt products. |
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