Sentences with phrase «private insurance players»

Industry average claim settlement ratio If you look at just a comparison between private insurance players and LIC in death claim settlement, it becomes clear that LIC's death claim settlement ratio is almost 11 % better than the average of all private players taken together.
Some of the top private insurance players have good claim settlement ratio and they are ICICI Pru Life, HDFC Life, and SBI Life etc..
LIC accounted for a growth of 13.48 % growth in its premium income (with only 2.92 % growth in 2012 - 13) while the private insurance players accounted for a fall of 1.35 % while previous year's records being 6.87 % decline.
ICICI Prudential has pipped SBI Life to regain the top position among private insurance players, garnering new business worth Rs 303 crore as first - year premium in April this year.
This, even though public insurance companies having been in business for many more decades as compared to the relatively new private insurance players.
For private insurance players, too, the individual single premium collection was down 27 per cent in the same period.
Private insurance player HDFC Life today launched an unit - linked plan, Smart Woman, especially for working women in urban areas and expects it to add up to 30 per cent of the overall premium.
Private insurance player Aegon Religare Life Insurance today said if the turf war between the capital markets regulator Sebi and insurance watchdog Irda over Ulips is not resolved at the earliest it will impact the industry.

Not exact matches

As Amino CEO David Vivero told me back then, the firm's platform is «based on insurance claims data from both public and private players,» allowing for a more accurate depiction of how much medical care costs.
Take the private - equity marketplace, a broadly defined investment sector that includes venture capitalists, large and small angel investors, hedge funds, private investment pools, and even insurance companies and other institutional players that either participate through money - management funds or make direct capital investments in growth companies.
The proposed $ 4 billion merger of HCF and HBF will create a third force in private health insurance and could spur smaller players to join t...
In his first budget as Harper's finance minister, Jim Flaherty invited «new players» — that is, U.S financial corporations — into Canada's mortgage insurance market and doubled the amount of government money available to back up private insurers from $ 100 billion to $ 200 billion.
Freddie Mac, another major player in the market, also uses private mortgage insurance...» — The Washington Post, June 6, 2017
Société Générale is also a significant player in specialized financing and insurance, private banking, asset management and securities services.
ADAG Group company Reliance Life Insurance has sold the highest number of policies among 22 other private sector players in 2009 - 10.
Having lost significant market share to private players in the first half of the financial year, Life Insurance Corporation of India (LIC) is banking on traditional policies to regain its share of the
Six of the eight private general insurance players have posted net profit in the fourth year of setting up shop.
Aviva Life Insurance, a leading private player in the Indian Insurance landscape, has revealed the results of a survey it carried out as part of the company's «Early Starters» initiative.
Max Life is a leading private sector player in India's insurance industry and is currently ranked as the country's fourth largest life insurer.
Max Life Insurance, the premier non-bank promoted privately held life insurer, has maintained its lead among private life insurance industry players with its low outstanding claims ratio of onInsurance, the premier non-bank promoted privately held life insurer, has maintained its lead among private life insurance industry players with its low outstanding claims ratio of oninsurance industry players with its low outstanding claims ratio of only 0.7 %.
Aegon Religare Life Insurance Company, the private player is renamed as Aegon Life Insurance Company Ltd..
Four state - owned insurers like New India Assurance, National Insurance Company, United India Insurance, and Oriental Insurance and private players like Bajaj Allianz, ICICI Lombard, HDFC Ergo, and Iffco - Tokio Marine are in talks with the government to finalize the fine print of the scheme, the draft paper says.
As seen by the chart, the bancassurance channel showed growth in sourcing insurance business for private players.
PNB MetLife, one of the leading private Life Insurance players in India, has recently launched a brand new website that provides the customers with the flexibility to customize the self service option, commonly used by them.
Royal Sundaram General Insurance, a leading private player in the Indian insurance sector, announced the launch of its Lifeline plan through the bancassurance channel specifically targeted at customers of Standard Chartered BaInsurance, a leading private player in the Indian insurance sector, announced the launch of its Lifeline plan through the bancassurance channel specifically targeted at customers of Standard Chartered Bainsurance sector, announced the launch of its Lifeline plan through the bancassurance channel specifically targeted at customers of Standard Chartered Bank India.
SBI General collected Rs 653.17 crore registering a growth of 209.71 per cent, the highest among the private sector players, while Star Health & Allied Insurance witnessed negative growth of 30.26 per cent at Rs 740.39 crore.
Bajaj Allianz Life Insurance Co. is one of the largest private players in Indian insurance industry and the largest private player in the rural insurance and financial inclusiInsurance Co. is one of the largest private players in Indian insurance industry and the largest private player in the rural insurance and financial inclusiinsurance industry and the largest private player in the rural insurance and financial inclusiinsurance and financial inclusion space.
Of the total premium, the share of 21 private sector players stood at Rs 26,655.35 crore while Rs 31,196.3 crore were contributed by four public sector players — New India Assurance, National Insurance, United India and Oriental Insurance.
This vehicle Insurance company is the largest Private sector player.
In January 2002 the Government of India relaxed the regulations governing the insurance sector and allowed private players to enter the policy market.
With the opening of the insurance sector to private players, the industry has become very competitive resulting in a higher numner of insurers and better offers for the consumers making buying an insurance policy very easy.
Read this article to demystify the myths of private insurance companies and know how to choose between LIC and private players in India.
I'm looking to buy an online term plan for last 2 - 3 years but gets confused between my requirements, outgo towards total insurance policies, LIC versus many private players and of course the related chunk in my annual cash flow.
Close to 65 per cent of the population has health insurance and is covered by private players but even then they are losing out to state - owned firms as the latter account for over 61 per cent of the premium collections.
The data given by the insurance watchdog reveals an increment of 13.66 % to Rs 63,766 crore during April - January in the gross premium of the state - run and private players of the non life insurance market.
Star health and insurance company is one of the private players in the insurance market.
Shriram Life Insurance, a leading player among private life insurance players in India, announced the launch of a new plan, «Assured Income PluInsurance, a leading player among private life insurance players in India, announced the launch of a new plan, «Assured Income Pluinsurance players in India, announced the launch of a new plan, «Assured Income Plus».
Most private players have tied up with international insurance giants for their life insurance foray.
But you must keep the safety aspect in mind as private players issue the NCDs, unlike the pension scheme that the Life Insurance Corporation will issue and thus is very safe, says Sadagopan.
However, in 2014 - 15, NBP rose by 18 % for private players of the insurance sector, while due to a decline in its individual business, LIC profits were tapered by 13 %.
As number of players in private health insurance sector is increasing regularly there is always a very prominent chance of counterfeiting.
In the general insurance segment, the solvency ratio for the public insurers remains stronger as compared to the private players.
Pointing out that the private sector enjoys roughly 30 per cent market share in the life insurance market with 23 private companies, he said Exide Life Insurance being the mid sized player enjoys 1 to 1.2 per cent market share of the entire industry and 2 - 2.5 per cent of the privatinsurance market with 23 private companies, he said Exide Life Insurance being the mid sized player enjoys 1 to 1.2 per cent market share of the entire industry and 2 - 2.5 per cent of the privatInsurance being the mid sized player enjoys 1 to 1.2 per cent market share of the entire industry and 2 - 2.5 per cent of the private sector.
In 2000, the life insurance industry was privatised, allowing the entry of private players.
17 September, 2015: Life Insurance Corporation of India has seen a decline in individual new business premium in April - July, losing 7.4 % market share to private players.
Private sector player ICICI Prudential Life Insurance today said it is well capitalised and does not have to tap the equity market in the near future.
The life insurance industry maintained growth in May, with private players saw the annual premium equivalent (APE) increasing 38 % year - on - year.
The Insurance Regulatory Development Authority of India is looking at capital commitment from professionals applying for general insurance licence to ensure that funds continue to flow for future growth, especially those backed by short - sighted private equityInsurance Regulatory Development Authority of India is looking at capital commitment from professionals applying for general insurance licence to ensure that funds continue to flow for future growth, especially those backed by short - sighted private equityinsurance licence to ensure that funds continue to flow for future growth, especially those backed by short - sighted private equity players.
SBI Life Insurance was incorporated in 2001, soon after the government of India opened the life insurance sector for privateInsurance was incorporated in 2001, soon after the government of India opened the life insurance sector for privateinsurance sector for private players.
Shriram Life Insurance company made profits in the first three consecutive years and became the maiden private sector life insurance player to achieve this disInsurance company made profits in the first three consecutive years and became the maiden private sector life insurance player to achieve this disinsurance player to achieve this distinction.
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