Posts Tagged ‘IRDA’

Microfinance Focus , Nov. o5, 2009  : The Access to Insurance Initiative announced that  Jonathon Dixon, Deputy Chief Executive Officer of Financial Services Board, South  Africa and Ramesh Rai Bhattrai, Executive Director of Beema Samiti (Insurance  Board), Nepal have been elected as the Chair and Vice-Chair of the Governing Board.  The board ... Full story

Microfinance Focus, July 10, 2009: Indian health insurance industry aims to cover 500 million population over the next five years, said V. Vaidyanathan, ICICI Prudential Life Insurance managing director, at a FICCI-organised conference in New Delhi on Friday. Dr Rudiger Krech of GTZ pointed out that economic development and health insurance go hand in hand. He stressed the need for a comprehensive package which would cater the risks associated with  unemployment, injury, old age among others. He reiterated the need to develop social infrastructure like proper sewerage, education, pure water and said health insurance  is intricately associated with all these efforts. Factually speaking,  moneylenders who charge more that 25% interest are responsible for putting people back in poverty, he noted. Full story