SHANGHAI — China Life Insurance Co., the country’s largest life insurer by premiums, said first-half net profit rose 29% from a year earlier due to gains in the value of its securities holdings.
Net profit for the six months ended June 30 rose to 13.92 billion yuan ($2.04 billion) from 10.77 billion yuan a year earlier, [...]
Insurance regulator IRDA today tightened the anti-money laundering guidelines by asking the insurance companies to ensure that no policies are issued to persons with fictitious names.
“While carrying out the KYC (know-your-customer) norms, special care has to be exercised to ensure that the contracts are not anonymous or under fictitious names,” Insurance Regulatory and Development Authority [...]
MetLife India Insurance today became the first private sector life insurer to provide guaranteed monthly income along with other regular benefits like tax incentives and bonuses with the launch of Met Monthly Income Plan.
The scheme includes the benefit of a guaranteed regular income for a long term along with potential upsides in the form of [...]
Vadodara As Gujarat like many other states faces rain deficit and crop failure to a large extent is apprehended, it is payout time for the government-owned Agriculture Insurance Company of India (AICI).
A total of 12 states, including Gujarat, Maharashtra, Madhya Pradesh and Chhattisgarh, have taken insurance coverage of over Rs 1,000 crore in the [...]
NEW YORK - A PROMINENT banking analyst said on Sunday that 150 to 200 more US banks will fail in the current banking crisis, and the industry’s payments to keep the Federal Deposit Insurance Corp afloat could eat up 25 per cent of pretax income in 2010.
Mr Richard Bove of Rochdale Securities said this will [...]
Debt consolidation loans allow you to handle your finances more effectively. These loans can also cut down the amount of time required to pay down your debts. As soon as your loans are consolidated, you must not pile up further debt as your financial condition would worsen if you are making payments for your consolidated [...]
insurancequotescompany.com outlines five ways for drivers to reduce auto insurance rates without altering their car insurance policy.
Everyone’s looking for ways to reduce their bills, including lowering their auto insurance. Generally, that means altering the amount and types of coverage that are included in your policy. But what if your policy fulfills all of your [...]
Cheap van insurance can you get in the different factor which will influence the cost of competitive. Make sure, as you’re gathering cheap van insurance qoutes, that you find out what each company’s policy is willing to cover. For instance, you many find one policy that cover your van’s contents, and another that has a [...]
