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INSURANCE News
Top pvt life insurers shut 1,500 branches in 2 years With “profitable growth” replacing “expansion drive” as the buzzword in the sector, the country’s top private life insurers have significantly reduced branches and employees over the last couple of years to cut costs and improve efficiency. ICICI Prudential, the second largest private life insurer in the country, has reduced its branches by nearly a half from 1,923 to
Nominate for smooth transfer of assets
Everytime you fill a form for an investment or an asset, you always have to name a nominee of the proceeds of the same for smooth transfer of money in case of an eventuality. However, many feel
68 pc Oz CEOs 'don't want women in senior ranks'
Over two-thirds of Australia's chief executives intend to keep women out of senior leadership roles, a new study has revealed.
CORRECTED-ING Asia life insurance sale shifts into top gear
paragraph 11 to clarify CEO comments on proceeds from Asian sales)
Irda to cap risk passed on to reinsurance firms
Soon, insurance companies in India will not be able to pass on a majority of their risk to reinsurers. The Insurance Regulatory and Development Authority (Irda) is set to specify the retention |
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