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Examples
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Known as unit-linked plans, these products now make up 60 percent of Life Insurance's offerings, from as much as 80 percent three years ago, Mehrotra said.
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Known as unit-linked plans, these products now make up 60 percent of Life Insurance's offerings, from as much as 80 percent three years ago, Mehrotra said.
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In the past year, the Insurance Regulatory and Development Authority (Irda) has introduced several guidelines to ensure that unit-linked insurance plans (Ulips) become cheaper and are recognised as insurance, not investment products.
Morning News Roundup 2011
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However, some types of investments that get you a deduction now – such as buying mutual funds and unit-linked insurance plans – may no longer be eligible for tax deductions in the Direct Taxes Code.
What Budget Might Hold for Investors, Taxpayers Shefali Anand 2011
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Instead, many life insurers may have little choice but to cut costs, slow sales in Europe and use existing books as a cash cow to fund new business in higher-return markets like Asia, less-capital-intensive areas like health insurance, or unit-linked business where policyholders shoulder more investment risk.
Europe's Insurers Struggle for Life Hester Plumridge 2011
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Last year, the two regulators tussled over the regulation of unit-linked insurance plans.
New Proposal May Ease Entry into Banking Joel Rebello 2011
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Exchange Board of India has banned new issuance of a popular insurance product – the unit-linked insurance product or ULIP.
Battle Erupts Between India's Regulators Shefali Anand 2010
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Exchange Board of India has banned new issuance of a popular insurance product – the unit-linked insurance product or ULIP.
Battle Erupts Between India's Regulators Shefali Anand 2010
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Sebi may withdraw from Ulip turf war The turf war between stock market regulator Securities and Exchange Board of India (Sebi) and insurance regulator Insurance Regulatory and Development Authority (Irda) over the regulation of unit-linked insurance products, or Ulips, may end soon, with the former likely to accept that these products fall under the latter's purview.
India News Digest: Sebi May Withdraw from Ulip Turf War 2010
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AXA is not exiting from the U.K. entirely it is retaining high-margin, low-capital-intensive businesses such as health-care insurance and unit-linked products.
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