Inflows into the Lump Sum sub-market fell 0.7% over the over the 12 months to June 2020 with mixed company-level results, according to a report by Plan For Life, a firm of actuaries and researchers covering the financial services, funds management...
The Pradhan Mandri Fasal Bima Yogana (PMFBY), a government sponsored crop insurance scheme, is expected to run into a cool reception from insurers after the national reinsurer GIC Re decided not to reinsure more than 45% of any insurer's crop insurance business.
The Financial Supervisory Commission (FSC) will soon announce some draft amendments to the "Insurance Broker Management Rules" and "Insurance Agency Management Rules", according to a statement from the Insurance Bureau of the commission.
Non-life insurers are trimming their workforces in motor insurance sales channels, to cut operating costs...
Hundreds of Asuransi Jiwa Adisarana Wanaartha (or WanaArtha Life) policyholders yesterday staged a protest at...