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Norms For Mfs, Insurers Participation In Preference Issues Eased  Place : New Delhi   "It has been decided to exempt insurance companies and MFs from the provisions of SEBI (ICDR) Regulations relating to sale and lock-in of their pre-preferential shareholding in the issuer company," SEBI chairman UK Sinha said after a board meeting on Sunday   Market regulator...

Health Insurance: Employers Try Co-Payment     Health insurance benefit today is a hygiene factor for employers and they cannot afford to treat it as a talent attraction or a retention tool anymore. The absence of a good program can create an adverse impact in the minds of employees. However in the presence of an average program, one is not likely to give them significant...

Health Insurance Cos Reluctant To Cover Bariatric Surgery    Place : Indore   At a time when the Madhya Pradesh government has decided to reimburse the cost of obesity surgery to the government employees, their dependents and even needy private individuals, the health insurance companies are yet to provide the cover to patients, who may be susceptible to obesity or are...

Govt Forms Four Panels To Set Insurance Industry Norms    Place : Mumbai   The finance ministry has formed four committees to take stock of insurance business in the country with representation from insurance companies, industry bodies, rating agencies and finance ministry officials. The panels that will prepare a 'roadmap' for the insurance industry in India do not have any ...

We Expect To Generate Rs 225-Cr Premium This Year: RR Belle, SBI General Insurance  SBI General Insurance, a joint venture between the country's largest lender State Bank of India and global insurance firm Insurance Australia Group, plans to break even in 2016. The company, which has access to the huge distribution network of SBI, is focusing on pricing risks at appropriate rate,...