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Paresh Parasnis

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'Assured return products restrict investment'

 Paresh Parasnis, HDFC Standard Life Insurance Company's principal officer and executive director, is not new to the company having been there since it started operations eight years ago.But he has......

Insurance charges need not be confusing

 Buyers of insurance products always get confused with charges. There is a premium allocation charge, policy administration charge, mortality rate and so on. The confusion gets worse when these......

Now, Irda focuses on policyholder protection

 After trying to reform unit-linked insurance plans (Ulips), the Insurance Regulatory and Development Authority (Irda) is now turning its attention to the protection of policyholders.The regulator......

Insurers put IPO plans on backburner

 Life insurance companies have put their plans to list their shares on the stock exchanges on the backburner, though they are hopeful of Parliament's nod for the Insurance Bill, which will increase......

Can private insurers overtake state-owned

 On February 28, finance minister Jaswant Singh announced a special pension scheme -- Varishta Pension Bima Yojana -- targeted at retired people who were dependent on fixed income savings.By May 12,......

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