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FDI cap in insurance to 49% is positive: Future Generali

Finance Minister Arun Jaitley announced a cap of 49 per cent while presenting the Union Budget 2014-15 on Thursday.  Munish Sharda, MD & CEO, Future Generali India Life Insurance shares his......

Future Generali Life shuts 55 branches, cuts staff by a third

Future Generali Life, the private life insurer promoted by the Kishore Biyani-led Future Group, has undertaken extensive restructuring since April.That has seen its workforce reduced by a third and......

Increase FDI limits in insurance from 26% to 49%

Deepak Sood, MD & CEO, Future Generali India Life Insurance Co, says:i) Encourage domestic savings by providing tax incentives for investment in insurance and pension schemesii) Increase in present......

'Premiums needed for catastrophes'

Future Generali India Insurance Company, a joint venture between the Future Group and the Italy-based Generali Group, is eyeing Rs. 900 crore (Rs. 9 billion) of gross premium writing during......

Insurance cos join hands with Visa cards for

Visa and 20 insurance companies in India have joinedhands to make paying life and general insurance premiums "faster and easier" through a range of new payment options for Visa cardholders.......
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Mumbai: Majority of private non-life insurers appear to be shying away from the Modi government's newly launched ambitious social... ...

http://www.asiainsurancepost.com/NewsFull.aspx?Id=1505000075
Insurers keeping away from perpetual bonds

Insurers are staying away from tier-1 perpetual bonds issued by banks because of the lack of liquidity in the instrument and pricing issues in it.... ...

http://wap.business-standard.com/article/finance/insurers-keeping-away-from-perpetual-bonds-115051401127_1.html
European Factors to Watch-European equity futures fall as bond market jitters lingers

(Adds futures prices, more company news items) LONDON May 14 (Reuters) - European equity futures fell on Thursday, with global markets weighed... ...

http://in.reuters.com/article/2015/05/14/markets-factors-europe-idINL5N0Y50CA20150514
BCCL to buy out Religare stake in life insurer

Bennett, Coleman and Company Limited (BCCL) has entered into an agreement with Religare Enterprises to buy out its stake in Aegon Religare Life... ...

http://wap.business-standard.com/article/finance/religare-to-exit-life-insurance-jv-115051201187_1.html
Indian shares extend gains on rate-cut hopes

* BSE index rises 1.4 pct, NSE index up 1.43 pct * Retail inflation, factory data key * Indian markets nearing bottom; ideal time to go long -... ...

http://www.sify.com/finance/indian-shares-extend-gains-on-rate-cut-hopes-news-default-pflnurhdjachg.html

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