Banknet's "Fifth Annual Edition of CTO-CXO Summit" was organized on 5th June 2009 at Hyatt Regency, Mumbai. In its fifth year, CTO-CXO summit brought together on one platform more than 150 participants from around 50 organizations. Summit was addressed by 23 C-Level Speakers from major Banks and IT Companies... Read more
Banknet India has launched a "Special Holidays Section". This is the most comprehensive listing of bank holidays in India. This exclusive section provides bank holidays in year 2009 for all the twenty-eight states and seven union territories
... Read more
Basel Committee & IADI issue Core Principles for Effective Deposit Insurance Systems...Read more
Need for capital infusion in the Indian insurance sector ...Read more
IRDA to issue Corporate Governance Guidelines for Insurance Companies...Read more
Indian Insurance Sector likely to be Rs 2000 billion size By 2011 ...Read more
Insurance supervisors call for rapid progress on financial instruments standards ...Read more
EU informally agrees on Solvency II framework for insurance firms ...Read more
IAIS issues paper on group-wide solvency assessment and supervision...Read more
IAIS issues two progress reports in response to G20 and FSF recommendations...Read more
IRDA taking precautions to prevent misappropriation of public funds by pension fund managers...Read more
General Insurance Premium may grow at CAGR of 20% in next 6 year & exceed Rs.1 Lakh Cr. By 2015 ...Read more
World Insurance Report 2009 reveals vital multi-distribution channels for capturing growth in a challenging market: Transformation strategies can help insurers ...Read more
Life insurance is the most preferred investment option of Indians, according to Nielsen Life 2008 survey...Read more
Star Union Dai-Ichi Life Insurance Company Ltd has been registered as a Life Insurer by IRDA...Read more
Raheja QBE General Insurance Company Ltd gets IRDA approval...Read more
Global reinsurers remain resilient amid financial crisis, says IAIS report...Read more
Insurance Australia Group (IAG) and State Bank of India (SBI) to establish a general insurance company...Read more
Foreign direct investment (FDI) cap in insurance to be raised to 49 percent...Read more
International Association of Insurance Supervisors (IAIS) issues supervisory papers on solvency assessment...Read more
IRDA has advised that insurance cover for mutual fund products will continue in India...Read more
Foreign direct investment to increase in insurance sector by US$ 0.46 bn in 2 years, says Assocham...Read more
International Association of Insurance Supervisors steps up supervisory coordination efforts ...Read more
Insurance industry in India to move towards IFRS compliance by 2011.IRDA constitutes a committee
...Read more
Rural India offers tremendous growth opportunities for insurance companies, says assocham...Read more
World insurance premium income grew fastest in the emerging markets, total premium income reaching USD 4061bn...Read more
IRDA has issued Certificates of Registration to five new companies in May-June 2008, to undertake insurance business in India...Read more
Canara HSBC Oriental Bank of Commerce (OBC) Life Insurance Co. Ltd has become operational...Read more
Reserve Bank of India has liberalized norms for insurance business by Cooperative Banks...Read more
Indian insurance sector is likely to register unprecedented growth of 200% and attain a size of Rs. 2000 billion by 2009-10...Read more
Losses resulting from mortgage fraud in US will reach $2.5 billion in 2008, according to TowerGroup...Read more
IRDA has clarified on appointment of NGOs as Micro Insurance Agents...Read more
IDBI Fortis Life Insurance promoted by IDBI, Federal Bank and Fortis Insurance International has been registered with IRDA...Read more
Robust global reinsurance market positioned to meet industry challenges, says IAIS report...Read more
TowerGroup research finds that rapid advancements in technology will reshape the insurance over next decade ...Read more
Bancassurance: emerging trends, opportunities and challenges.....Read more
Insurance Sector in India is poised for tremendous expansion according to the Minister of State for Finance .....Read more
Prior approval of IRDA is a statutory requirement for appointment of CEO, Directors of an insurance company in India...Read more
IRDA Guidelines for closure of Liaison Office established in India by Insurance Companies registered outside India .....Read guidelines
The European Union’s Solvency II directive proposal signals progress in
insurance supervision...Read more
World insurance premium growth in 2006 accelerated further, driven by the strong expansion of the life insurance sector. according to a sigmastudy...Read more
Oriental Insurance Company Ltd has reported a 75 per cent jump in net profit to Rs 497.27 crore for 2006-07 from Rs 283.91 crore in the previous fiscal...Read more
International Association of Insurance Supervisors (IAIS) and the Consultative Group for Assisting the Poor (CGAP) has released on 1st June 2007, a paper entitled Issues in regulation and supervision of microinsurance...Read more
The Insurance Regulatory and Development Authority (IRDA) has relaxed the insurance qualification clause of the corporate agent.....Read more
Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited and Oriental Bank of Commerce (OBC) have signed a non-binding Memorandum of Understanding to jointly establish a life insurance company in India.....Read more
The Insurance Regulatory and Development Authority (IRDA) has issued a circular in January 2007, specifying the following guidelines for setting up representative/liaison offices abroad.....Read guidelines
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Banknet's "Fifth Annual Edition of CTO-CXO Summit" was organized on 5th June 2009 at Hyatt Regency, Mumbai. In its fifth year, CTO-CXO summit brought together on one platform more than 150 participants from around 50 organizations. Summit was addressed by 23 C-Level Speakers from major Banks and IT Companies...