Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

26 ArticlesInsurance

1 / 3

HDFC and Max Life Merger: Here’s What You Need In Order To Break Even

Max Life and HDFC Life are merging. This is great news! Except for one thing: No one clearly understands what the heck is going on. This post will unravel the ...
HDFC-Max-LIfe.png

Has ICICI Prudential Life Taken To Fake Doctors Prescriptions To Avoid Paying Out Claims?

So Manoj Nagpal highlights a consumer forum case in which: Mihan Kisku takes policies worth Rs. 13 lakh from ICICI Pru Life in August 2008 He dies of a heart ...

The Disruption of Bankers: Technology makes them mis-sell, But their jobs are in trouble

Bank employment is getting disrupted by technology. As transactions get primarily enabled on cards and mobile (at least in cities) you find that that bank ...

Insurance Sector Slows Down, New Premiums Fall 6%

New premiums in Life Insurance companies are down about 6% in 2012-13, and that follows a tough year earlier. (From the RBI Financial Stability Report) ULIPs ...

Keyman Insurance Loophole Plugged: All Proceeds Will Be Taxed, No Exemption

Budget 2013 has plugged a loophole in the tax system. Consider a small company that wanted to pay its management a bonus based on a large profit it had ...

Insurance Profits from Surrenders, But Not *That* Much

LiveMint has an article by Monika Halan and Deepthi Bhaskaran talking about how investors lost Rs. 1.5 trillion (150,000 crore) rupees due to mis-selling. ...

New Business for Insurers Continues Decline in 2012

Insurers seem to be getting lesser new business, as new premiums (single premium policies + new regular premium policies) drop 4.2% in the first half of the ...

Don’t Buy HDFC Crest – It is Not a Fixed Deposit

I have now had a few people complaining to me – including my own mother – that relationship managers in HDFC Bank have been strongly selling HDFC ...
HDFC-Crest-Stealing.jpg

IRDA’s Final Insurance Aggregator Guidelines

IRDA has released guidelines for “web aggregators”. (I’ve written about this earlier) These are final guidelines and will be applicable from February ...

IRDA's Guidelines on Web Aggregators

IRDA has produced "draft" guidelines on Web Aggregators (HT: Medianama) that will regulate "web aggregators. I now discuss the points in the ...