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Irdai in pact with Maharashtra to boost motor insurance

Friday, August 23, 2019, 3:40 PM

Insurance Regulatory and Authority of India (Irdai) has tied up with Maharashtra state government on a pilot project to boost motor insurance. Market participants say that, despite strong growth in the month of July motor insurance segment continues to witness dip in premiums largely due to the fall in the car sales in India.
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Jeevan Akshay plan closes on August 23: Should you invest?

Wednesday, August 21, 2019, 3:58 PM

LIC is all set to close Jeevan Akshay Plan and modify Jeevan Shanti Plan. Jeevan Akshay is an annuity plan that comes with an immediate annuity option, whereas Jeevan Shanti is also an annuity plan that gives an option for purchasing both deferred and immediate annuity. The last date to accept the premium under both the well-received plans is 23 August 2019. Hurry up!
 
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Two dead, 2,600 evacuated as rains batter Kerala

Thursday, August 8, 2019, 4:51 PM

Two women were dead while more than 2,600 people were evacuated following heavy rainfall that lashed several parts of Kerala. State Revenue Minister E Chandrashekeran said on Thursday that the worst-hit districts in the state were Malappuram, Kozhikode, Kannur, Wayanad, Kasargode and Idukki. Meanwhile, IMD has predicted heavy rains in Kerala till August 14.

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