Sentences with phrase «rural sector obligations»

Selling insurance policies in rural India is no more just to fulfil the mandatory rural sector obligations prescribed by the Insurance Regulatory & Development Authority (IRDA).

The state - owned insurance giant Life Insurance Corporation of India (LIC) and private sector insurer HDFC Standard Life missed out on rural sector obligations during 2008 - 09.

Not exact matches

Bajaj Allianz, with 53,014 policies, and Iffco - Tokio, with 42,203 policies, were the only private sector non-life insurers which could fulfill their rural and social sector obligations for the

Vibha Padalkar, executive director and chief financial officer of HDFC Life, noted the regulator has already brought out norms for rural and social sector obligations, stipulating stricter penalties for defaulting on these obligations.

General insurers such as Tata AIG, Reliance General, Royal Sundaram, ICICI Lombard, HDFC Chubb and Cholamandalam could not fulfill their rural obligation, while some of these companies were able to meet their social sector cover requirement.

While the Insurance Regulatory and Development Authority (Irda) is working on making third - party motor cover obligatory for non-life insurance companies along with rural and social sector obligations, private insurers want to abolish the fund, which...

ING Vysya, the private sector life insurance company, has done exceedingly well in terms of fulfilling its rural and social sector obligations during the last financial year.

«Life insurance companies have been adhering to rural and social sector obligations by covering more than 19.3 million lives in the social sector in 2008 - 09.