About Me

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Trichy, Tamil Nadu, India
Working as an Assistant in LIC of India, Rockfort BO, Trichy, TN. Having a strong belief that LIC's welfare is our welfare and always trying to work towards that. Also functioning as an office bearer of AIIEA Thanjavur Division.

Thursday, December 31, 2009

New Year Wishes!

Wish you all a most successful new year 2010!

May it bring continuous & meaningful growth to all of us!! 

Business Figures of Life Insurance Companies upto 11/2009

The latest figures released yesterday by IRDA.

Tuesday, December 29, 2009

CPI(M) to protest against Swarup Committee report

LIC agents to oppose move to hike FDI in insurance sector
‘Policies of Union Government pose a threat to LIC’
Proposal to scrap promotional activities termed ‘ridiculous’

MANGALORE: The Life Insurance Corporation Agents Organisation of India (LICOA) resolved to oppose the proposed legislations of the United Progressive Alliance government during its two-day State conference that began here on Sunday.
The LICOA, which is affiliated to the Centre for Indian Trade Unions (CITU) and is backed by the Communist Party of India (Marxist), has concluded that the policies of the Union Government posed a grave threat to the LIC.
Speaking to presspersons on the sidelines of the conference, Basudev Acharia, CPI (M) MP from Bankura, West Bengal, said that his party and the unions aligned with it would launch a nation-wide agitation against the D. Swarup Committee report.
The report, which was submitted to the Union Government on December 3, recommends scrapping of the commission being paid to LIC from 2011. It favours complete stoppage of LIC promotional activities such as advertisements as the committee felt that those interested in securing an insurance policy would approach the corporation, if need be. Arguing that the recommendations of the committee were aimed at finishing off this 53-year-old Rs. 9-lakh-crore public sector behemoth, Mr. Acharia said that nearly 10 lakh LIC agents would be rendered jobless if the recommendations were to be adopted. He termed “ridiculous” the suggestion to scrap promotional activities.
Raising concerns over the alleged “capitulation” of the Union Government to multi-national insurance lobbies, he said there was a “conspiracy to destroy LIC” so as to prepare a ground for the entire of foreign players in the insurance sector.
Mr. Acharia said that he had introduced a private member’s Bill in Parliament demanding job security, pension and welfare fund for LIC agents.
Courtesy: The Hindu
(I try to publish here the details of the above said Bill as early as possible.)

Saturday, December 26, 2009

Withdrawal of LIC’s Health Plus (Table No. 901)

It has been decided to withdraw LIC’s Health Plus (Table No. 901) with
effect from 1st January, 2010.
The premium under the plan may be deposited till 31st December, 2009.
Completion under the plan will be allowed upto 31st January, 2010 only.

Changes in Market Plus I

According to IRDA Circular No: 20/IRDA/Actl/ULIP/09-10 dt.22.7.2009 all existing ULIPs should be modified to adhere the Cap on charges or withdrawn.
We have been informed by the Actuarial Department that the name and the plan number of Market Plus-I will continue to be the same even after 31st December, 2009. The Actuarial Department will be issuing the detailed circular regarding modifications. However, some salient features of this plan are being modified as given below:-
1.Maximum entry age for without life cover plans is being reduced from 80 yrs to 75 yrs.
2.The minimum deferment period is being increased from 5 yrs to 10 yrs for both life and without life cover plans.
3.The minimum regular premium, both for with and without life cover plans, is being increased from 5000/-p.a to 10,000/- for policy term of 15 to 19 years and from 5000/- to 15000/- for policy term of 10 to 14 years.
4.For Monthly ECS too the minimum premium under regular premium policies is being increased from 1000/- to 1500/- for policy term 10 to 14 years.
5.The minimum premium under single premium policy is also being increased from 10,000/- to 30,000/- for without life cover policies and from 25000/- to 30,000/- for with life cover policies.
6.For DAB the maximum entry age is being reduced from 65 years to 60 years.
(Note: No change in other conditions)

Friday, December 25, 2009

Trust thy name is LIC

The year 1956 witnessed a defining moment in the history of India's Social Engineering landscape. It marked the beginning of a new phase in the life insurance industry in India, which was, then, a heterogeneous group consisting of companies at varying stages of development, big and small, solvent and insolvent, efficient and inefficient.
Binding these groups into one was a challenging task, and perhaps, the biggest ever attempted in the history of global capitalist era. The merged entity was called 'Life Insurance Corporation of India', with two tiny hands protecting a lamp as its logo.

Who could have imagined that a tiny flame kindled on the September 1,1956 would stand for warmth of security and care for millions of Indians in course of time? The flame has really stood the test of time for over 53 years and is today an icon of trust and stability for over 25 Crores policyholders.
The year 1999 saw the opening up of the insurance sector. Today, there are 21 other players in the market. Still, LIC continues to be the front runner in the race, holding a dominant share in the Indian Life Insurance Industry.
Started with a Life Fund of Rs 380.61 cr, its corpus has grown to Rs 8,07,317 cr as on March 31st, 2009. At the end of December of 1957, the total new business underwritten by LIC was 7,94,585 policies and sum assured was Rs 281.90 cr. This has grown to 3.58 Crore Policies and sum assured of Rs 3,90,053 cr during the fiscal year of 2008-09. When the Corporation took over on the appointed day (September 1st 1956), it had assets under management amounting to Rs 348.68 cr, which have now risen to a stupendous figure of Rs 8,73,551.35 cr (figures as at 31/03/2009).

As on Oct 2009, LIC had 2,048 fully computerized Branch offices, 109 Divisional offices and 8 Zonal offices and 915 Satellite offices apart from its Corporate office in Mumbai. All the offices of the Corporation are fully computerized and networked. Further, to enhance customer convenience, there is a facility to pay premiums On-Line.

Business Profile
LIC is a key player in the life insurance segment providing its clients with a wide range of insurance products. It is one of the largest life insurers in the world in terms of the number of policies issued every year. Its claim settlement operations are among the best internationally. The Corporation has tie-ups with various banks and service providers to offer on-line premium collection facility in select cities. The Corporation has also set-up various NRI centres in order to cater to various needs and requirements of NRIs and people of Indian origin having foreign nationality and residing in foreign countries.
LIC has also launched satellite offices in order to provide easy access to its Policy holders. LIC also operates three international branch offices, one each in Mauritius, Fiji and the UK. The Corporation has extended its operations to the international arena through various JVs, subsidiaries, brokers, etc spread across as many as 14 countries. As on Mar 2009, the Corporation has issued over 25 crore policies and has a total life fund of Rs 8,07,317 crores.

Product offerings
LIC has in its basket more than 50 different plans catering to the differing needs of different segments of the society. LIC has a good mix of the conventional life insurance business and the unit linked insurance business. It has Unit-Linked Plans to serve the needs of those who would like to link their returns to the capital market. It also has various pension plans in its basket. Most of these plans come with options called term riders and critical illness riders to offer greater flexibility to the customers.
The double accident benefit, the disability benefit and the term rider are some of them. All life insurance plans come with substantial tax benefits, too. LIC offers a wide range of children plans which are specifically designed to take care of the future needs of children. The Corporation also offers special plans for handicapped dependants. It also offers group insurance, group pension, group gratuity and social
security schemes, which provide life insurance and other benefits at a much lower cost than traditional life
insurance schemes.
LIC also plays an important role in financial inclusion of the economically weaker sections of society by providing insurance to the poor at cheap and affordable premiums. Some of the plans are the micro insurance plans viz., Jeevan Madhur & Jeevan Mangal and social security schemes like Aam Admi Bima Yojana and Janashree Bima Yojana.

LIC has been the most trusted choice of the consumers. No wonder it has won a plethora of prestigious Awards such as CNBC Awaaz Consumer Award, 2009, Readers' Digest Trusted Brand Award, 2009 - in Platinum Category, Customer & Brand Loyalty Award, 2009, Business Superbrand India, 2009, Asia Brand Congress-Brand Leadership Award, 2008, NDTV Profit Business Leadership Award, 2009, Outlook Money NDTV Profit Business Leadership Award for the Best Life Insurer, 2009.

Brand Equity rated LIC was as the Most Trusted Service Brand for 5 years in a row. In 2009, LIC emerged as the Top Brand in the Insurance Category in the survey conducted by Brand Equity with AC Nielsen. Even in the field of technology, our innovations and practices have won us the most coveted award viz., NASSCOM Award - Best IT User, 2008.
'Jeevan Saral' and 'Health Plus' have won the Golden Peacock Award in the innovative product category. It has also won the World Brand Congress- Global Brand Leadership Award in the Banking and Financial Category as well as in the Over all Brand Leadership Category. LIC has won the Asia Pacific HRM Congress-Innovative HR practices Award 2009.

Courtesy : The Economic Times, 24 Dec 2009, 1532 hrs IST,

Friday, December 18, 2009

Claim of Same Life- We paid, Private repudiated

Death Claims amounting Rs.7,73,744 paid by LIC of India to Ms.Ragini Dhruve wife of deceased Mr.Kalpesh Dhruve.

Mr.Kalpesh Dhruve also had a policy with Max New York Life Insurance Co.

Max New York repudiated the (same) claim stating that Mr.Kalpesh Dhruve suppressed the fact that he had high BP.

Even though the death occurred after 3 years from the commencement of Risk of his policy with Max New York!

The details, i.e. copy of LIC's Cheques, repudiation letter of Max New York are given here in the pdf file.

Download details here!

This is a good example for the service offered by private insurance companies!

Spread this to all!

Normally, we get irritated whenever NB Dept. asks for additional requirements. But, only because we insist and get all necessary details and requirements before completion, we are able to settle claims speedier!

Private companies accept all without insisting on requirements; But insist all the requirements at the time of claim! They even utilizing it to repudiate the claims!!

LIC always searches for reasons to settle claims in favour of policyholders!

Private Companies search for reasons to repudiate!!

Thursday, December 17, 2009

Insurance Bill could leave agents poorer

Over 30 lakh insurance agents in the country may suffer a huge jolt this Parliament session, should the provisions relating to agency commission in the insurance amendment Bill get approval.
Because the Bill does away with Section 40A of the Insurance Act, 1938, which prescribes the amount of commission an insurance company can pay its agents.
The agents, currently at loggerheads over the recommendations of the D Swarup Committee, could be in for a double whammy if the panel’s recommendations on agency commission and related provisions in the Bill pass muster.
The Bill also omits Section 40, which talks about the total commission that can be paid in the first five years as well as section 44, which concerns hereditary commission payable to agents in the event of the death of the agent or on quitting the company.
Further, section 45, which talks about the right to question and punish an agent in the event of a policyholder’s death within 2 years, has been altered to read 5 years.
Going by industry sources, the Bill has omitted Section 40A with the intention of bringing it under the direct purview of the insurance regulator, which could come up with a commission formula in due course.
“To be frank, if one calculates the commission for the total sum assured, then for a conventional plan of Rs 1 lakh cover, the commission works out to 5% of the total premium paid over a period of 20 years. Agency commission ranges from 0.3% in unit linked plans to 5% in conventional plans if calculated on the sum assured,” R S Ramanujam, general secretary, Life Insurance
Agents Federation of India, south central zone said.
“We are against it (provisions in the Bill) and this is not supportive of agents. We want all the classes to remain unchanged as per the Insurance Act 1938 unless a better alternative is given. Removing these sections will definitely panic the agents,” he said.
A section of agents working for private sector insurance companies said they have come together under one platform to jointly protest the implementation of the provisions proposed in the Bill.
(Source: http://www.dnaindia.com/dnaprint.asp?newsid=1324130)

Wednesday, December 16, 2009

Our Business upto 15.12.2009

Upto Dec.15th

Current Year

Last Year


New Policies




First Premium

Rs.20,334 Cr

Rs.15,659 Cr


MPs seek fair deal to LIC agents

Congress and Trinamool Congress members in the Lok Sabha on Monday made a strong plea for a fair deal to around 50 lakh LIC agents in the country, protesting against a move by the Corporation to deregister their services.

Raising the issue during Zero Hour, Jai Prakash Agarwal (Cong) said these agents have been doing valuable work of spreading the insurance net far and wide without being provided any office accommodation and get an average meagre monthly commission of Rs.3,000.

He was supported by several party members including Datta Meghe and those from Trinamool Congress.

BJP member Bishnu Pada Ray demanded that the honorarium for angawadi workers in Andaman and Nicobar islands be raised substantially.

Life Insurance Agents sataging a demonstration at Jantar Mantar against the recommendations of Swarup Committee set up by Government, in New Delhi on Friday December 11, 2009.

LIC pays 9.8 bln rupees advance tax in Oct-Dec

Insurance Corp of India (LIC) has paid 9.81 billion rupees ($210 million) as advance tax for the October-December quarter, an income tax department source said on Monday.
(Rs.9.81 billion=Rs.981 Crore)
Mon Dec 14, 2009 6:35pm IST

LIC hikes stake in 3i Infotech to 10.69%

Life Insurance Corporation of India has raised its stake in software firm 3i Infotech to 10.69 per cent, by purchasing shares worth Rs 28.53 crore through open market transactions.
LIC has bought 36.10 lakh shares, representing 2.14 per cent stake in the software firm, 3i Infotech said in a disclosure on the Bombay Stock Exchange.
Prior to the transactions, LIC held 8.56 per cent stake in the IT firm, which now has gone up to 10.69 per cent or 1.80 crore shares of 3i Infotech.
Shares of 3i Infotech today closed at Rs 84.55 on the BSE, down by 1.63 per cent from its previous close.
14 Dec 2009, 1846 hrs IST, PTI

Monday, December 14, 2009


B 51.35
FU 21.68
J 20.03
MY 11.32
MK 14.20
FO 11.10
P 10.95
H 11.23
MY1 13.05
MK1 13.09
CF 14.17
HP 10.63
JS 10.93

Private Insurance cos not in good health; see drop in biz volumes

The first half of this fiscal will be something private insurance companies want to put behind them. New business volumes have dropped 15% over the period. An edelweiss report blames this fall on shrunken risk appetite at the retail level, and a lack of demand for unit linked insurance plans.
-TV18’s Avni Raja report.
The stock markets may have traded firm in recent months and even hit 2009-highs, but private are not smiling. They say investor sentiment is still low, and premium inflows have been hit.
As per an Edelweiss report, only insurance giant LIC has managed to clock a volume growth of 16% in its new business, and that's because it banks hugely on its traditional products. The report adds that private players, who demand largely on unit-linked insurance plans (ULIPs), have not fared well.
Of the 23 private insurance players, only two have reported growth in new business. All the others have lost new business—ICICI Prudential saw a 36% drop, Bajaj Allianz saw volumes fall 38%, and Kotak's new business fell 42%.
The main reason for this, the report says, is a fall in demand for ULIPs. It says players will have to revert to traditional products to regain this lost momentum. One main reason for the better performance of traditional products is that IRDA's charge cap does not apply to them. So insurers continue to offer higher commissions on traditional policies, and these products find favour with agents and distributors.

Good Morning 14/12/2009

No matter how hard the past,
you can always begin again!

You still have
107 Days(29.31%)
to Succeed!

So begin
(at least)


B 51.35
FU 21.67
J 20.03
MY 11.32
MK 14.20
FO 11.11
PR 10.95
H 11.24
MY1 13.05
MK1 13.09
CF 14.16
HP 10.62
JS 10.93

Stock Market

Sensex -70.28
Midcap -39.55
Nifty -17.35
Midcap -22.05
These are not direct indicators of NAV

Sunday, December 13, 2009

Life insurance agents protest against D. Swarup Committee's recommendations

New Delhi, Dec 11: Thousands of agents of the Life Insurance Agent's Federation of India on Friday staged a protest against the recommendations of the Pension Fund Regulatory and Development Authority (PFRDA) Chairman D. Swarup, in the national capital.

D. Swarup Committee's suggestion to the Government to make insurance a fees based profession instead of the current commission based did not go down well with the federation.

Addressing the media, Chairman of the federation, H.M. Jain, demanded that the Government should scrap the recommendation, as this will adversely affect the insurance profession in the country.

"He (D. Swarup) has suggested that commission should be deducted from premium and insurance should be made fees base. I think that insurance has not yet developed in India. Leave alone India, even in those countries where insurance is developed, this system hasn't been employed. In India we have just reached 12-15 percent of the insurable populace, from where we collect Rs. 2 lakh crore and hand it over to the Government," Jain said.

"If this is made fees base, then insurance, which has to be sold because nobody comes out to buy it, this profession will die. Together with this, those companies and all the money invested in country's development will go for a big loss," he added.

Jain also said that if benefiting the investors is what is driving the Government, then it can be achieved though cost reduction measures.

"If the Government and Swarup is serious that policy holder should be benefited then the payment should be made at the mortality. LIC (Life Insurance corporation) and private companies should reduce their expenses, increase the bonuses, include agents into servicing, so that the cost can be reduced and people will be benefited," Jain said. 

Senior Samajwadi Party (SP) leader Ramgopal Yadav also attended the protest and assured the protesting agents that his party will make sure that the report will not get the support of the parliament.

"This will decide the fate of lakhs of people and the government is moving against them with this proposal. While foreign companies flourish, Bhartiya Jeevan Beema Nigam (Life Insurance Corporation of India), which has invested crores of wealth of the country in industries, the Government is intent on destroying it," Yadav said.

"We'll raise the issue in the parliament. I'll also speak to the Finance Minister and say that this report which is coming up against lakhs of people whichever committee has recommended it, this should not come in the parliament and neither should it be passed," he added.

Bombay News.Net

Friday 11th December, 2009 (ANI)

Friday, December 11, 2009


B 52.06
FU 21.76
J 20.12
MY 11.35
MK 14.24
FO 11.13
P 10.98
H 11.26
MY1 13.09
MK1 13.12
CF 14.20
HP 10.64
JS 10.94

Insurance agents to stage dharna

Press Trust of India / New Delhi December 10, 2009, 18:55 IST

About 25 lakh life insurance agents would stage a dharna tomorrow at Jantar Mantar in Delhi to oppose the recommendations of a government appointed panel on elimination of upfront commission paid to advisers.
"The protest would be against Swarup Committee Report that threatens to end the very existence of insurance agents in the country," Life Insurance Agents' Federation of India President H M Jain told reporters here.
"Implementation of the recommendation will make the role of 25 lakh life insurance agents working with LIC and private insurers redundant and adversely affect crores of people who are dependent on them," he said.
The Committee on Investor Awareness and Protection, headed by interim PFRDA Chairman D Swarup, in its consultation paper had proposed elimination of upfront commission paid to insurance agents by April 2011.
"Immediately the upfront commissions embedded in the premium paid (to agents by insurance companies) be cut to not more than 15 per cent of the premium. This should fall to 7 per cent in 2010 and become nil by April 2011," a consultation paper prepared by the committee had said.
In a country like India insurance is not bought but it is sold, Jain said, adding that the elimination of commission would hurt the industry and starve the nation of long-term capital for development.
(Courtesy:Business Standard)

Good Morning 11/12/2009

Never complain
Never explain
Never defend urself
Never make excuses

These are ways to
cheat urself

Repeat efforts
110 Days(30.13%)

Thursday, December 10, 2009

Stock Market

Sensex +64.09
Midcap +18.26
Nifty +22.65
Midcap +11.05
These are not direct indicators of NAV


B 52.06
FU 21.70
J 20.08
MY 11.31
MK 14.19
FO 11.10
P 10.93
H 11.25
MY1 13.05
MK1 13.08
CF 14.16
HP 10.64
JS 10.90

Good Morning 10/12/2009

doesn't depend upon
at the right place
at the right time;
it depends upon
being READY!

Be prepared & succeed
111Days(30.41%) more

Stock Market

Sensex -102.46
Midcap -38.67
Nifty -35.95
Midcap -14.15
These are not direct indicators of NAV

Wednesday, December 9, 2009


B 52.06
FU 21.76
J 20.16
MY 11.36
MK 14.25
FO 11.16
P 10.99
H 11.28
MY1 13.10
MK1 13.17
CF 14.21
HP 10.65
JS 10.95

If these people can do...

All India Top Agents upto 30.11.2009






Chetankumar Nagindas Desai






Varikutty Prabudas



Madan Mohan Singh






Ramesh Chandra Patel



Tejas N Desai






Preeti Desai



Manojkumar Dubey



Anuradha Kolkur



Abhay V Phadke


Total Premium





Anushman Patnaik



Ravindar Jethani



Harendra D Shah






Kiran Gupta



U K Mehta



Harshit Vimal Goenka



Manojkumar Jivankrishna Sinha



Anoop Tiwari



Dindayal R Singh


(Other particulars of the Agents are purposely avoided.)

Why can't you?

Good Morning

To succeed
it is not a necessity
U be the best;
the necessity is
U have to TRY YOUR BEST!

112 Days(30.68%) more
Good Morning

Tuesday, December 8, 2009

Stock Market

Sensex +244.54
Midcap +85.52
Nifty +81.25
Midcap +38.40
These are not direct indicators of NAV


Any LIC Agent
can join our
by SMSing
to 567678
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can join
by SMSing

Both receive NAV, Stock Market Result and News about LIC!
In addtion Agents receive Daily Motivation and other items related to Agents!!


B 51.73
FU 21.59
J 19.98
MY 11.26
MK 14.11
FO 11.06
P 10.89
H 11.23
MY1 13.03
MK1 13.04
CF 14.15
HP 10.61
JS 10.84

Good Morning 08/12/2009

Judge each day
by the seeds U plant;
by the harvest U reap!

The more U seed
the more U will reap!

U have
113 days(30.95%) more to seed

Monday, December 7, 2009

Stock Market

Sensex -118.40
Midcap -52.04
Nifty -42.20
Midcap -21.75
These are not direct indicators of NAV


B 51.73
FU 21.69
J 20.06
MY 11.32
MK 14.19
FO 11.12
P 10.95
H 11.26
MY1 13.08
MK1 13.13
CF 14.20
HP 10.63
JS 10.89

Good Morning 07/12/2009

U will never reach your destination
U stop & throw stones at every dog that barks
-Winston Churchill

114 Days(31.23%) more
Good Morning

Sunday, December 6, 2009

Good Morning 06/12/2009

Good Morning
You have
115 days(31.50%) more
16 sundays!
If you plan to take rest on sundays
you have
99 days(27.12%) only!


B 51.73
FU 21.66
J 20.06
MY 11.32
MK 14.19
FO 11.13
PR 10.95
H 11.27
MY1 13.08
MK1 13.13
CF 14.20
HP 10.64
JS 10.89

Good Morning 05/12/2009

the only place
comes before

116 days(31.78%) more!


B 51.41
FU 21.66
J 20.11
MY 11.35
MK 14.22
FO 11.16
P 10.97
H 11.29
MY1 13.11
MK1 13.15
CF 14.22
HP 10.64
JS 10.93

Stock Market

Sensex -84.14
Midcap -12.58
Nifty -22.80
Midcap +1.20
These are not direct indicators of NAV

Friday, December 4, 2009

Insurance agents protest against insurance bill

Mumbai, Dec 4 (PTI) Protesting against the Insurance Amendment Bill and the Swarup Committee report, LIC agents today staged a 'dharna' at the Azad Maidan in the city.

"We are opposing the Insurance Amendment Bill and the Swarup Committee report," LIC Agents Organisation of India's General Secretary, PG Dileep, told PTI here.

The organisation has over two-lakh agents associated with it, he said, adding that around 10,000 agents had assembled here to take part in the protest 'dharna'.

Good Morning 04/12/2009

the failures are
due to
lack of persistence
create new plans
the place of failed plans.
Get it
in 117 days 32.05%

LIC's market share rises 65%

27 Nov 2009, 2207 hrs IST, PTI
NEW DELHI: The country's largest insurer, Life Insurance Corporation has increased its market share by 10 per cent to 65 per cent by garnering new businesses worth Rs 30,469 crore in the first seven months of the current fiscal.The market share of LIC improved by 10 per cent from 55 per cent at the end of October last year.
Meanwhile, the overall life insurance industry registered over 17 per cent growth in the April-October period of this financial year.
The 22 insurers collected Rs 46,689 crore first year premium in the April-October period this year, against Rs 39,684 crore in the same period last year.
During April-October 2008, LIC had mopped up first year premium of Rs 21,874 crore against the industry collection of Rs 39,684 crore, according to figures released by Insurance Regulatory and Development Authority (IRDA).
However, the private life insurance industry has registered a decline of 9 per cent. The 21 private insurers have collected Rs 16,217 crore first year premium during April-October period this year as compared to Rs 17,810 crore during the same period in 2008-09.
Private insurer ICICI Prudential was the worst hit as its premium declined by 33 per cent in the first seven months of the current fiscal from the corresponding period last year. The insurer mopped up first year premium of Rs 2,587 crore during April- October period this year.

Thursday, December 3, 2009

Swarup sticks on; IRDA determined to oppose

After some debate on its consultation paper, the Swarup committee submitted its final recommendations to the government on Wednesday.

Despite vehement opposition from the insurance industry, the committee has stuck to its guns and recommended the no-entry load structure for insurance products. This report will now be forwarded to the high level coordination committee of regulators (which had appointed the Swarup committee), which will decide how and if at all these recommendations are to be implemented.

The insurance regulator -IRDA-maintains that these recommendations are not in the industry’s best interest and has said it will do whatever it takes to ensure that the recommendations are not implemented.

Stock Market

Sensex +15.77
Midcap +25.87
Nifty +8.45
Midcap +24.50
These are not direct indicators of NAV

Where we are...

LIC Upto 30/11/09
New Pols 1,95,63,559
(Last yr 1,65,32,697)
Growth 18.33%
New Prem Rs.18,765 Cr
(Last Yr Rs.14,856 Cr)
Growth 26.32%


B 51.41
FU 21.57
J 20.06
MY 11.31
MK 14.18
FO 11.13
P 10.95
H 11.28
MY1 13.08
MK1 13.12
CF 14.18
HP 10.63
JS 10.90

Interview with SDM

Thanjavur Dvn SDM
Health Policies
S TV(Trichy only)
03.12.09 Thursday 7 to 8 PM
Make your customers to watch

Stock Market

Sensex -28.36
Midcap +58.92
Nifty +1.25
Midcap +13.95
These are not direct indicators of NAV


B 51.41
FU 21.57
J 20.05
MY 11.30
MK 14.17
FO 11.10
P 10.94
H 11.29
MY1 13.07
MK1 13.11
CF 14.16
HP 10.64
JS 10.86

Wednesday, December 2, 2009

Good Morning 02/12/2009



do so,
Nothing can
stop you
from succeeding
in the
remaining 119 days(32.60%)

Stock Market

Sensex +272.05
Midcap +113.29
Nifty +89.30
Midcap +44.90
These are not direct indicators of NAV

Tuesday, December 1, 2009


B 50.17
FU 21.32
J 19.84
MY 11.17
MK 14.00
FO 10.97
P 10.82
H 11.24
MY1 12.97
MK1 12.95
CF 14.07
HP 10.62
JS 10.75

Good Morning 01/12/2009

Sun's rays
do not burn
brought to a focus.

all ur thoughts
ur target.

U will definitely achieve it
in 120 ds

Stock Market

Sensex +294.21
Midcap +102.71
Nifty +90.95
Midcap +48.25
These are not direct indicators of NAV


B 50.17
FU 21.07
J 19.63
MY 11.05
MK 13.85
FO 10.85
PR 10.70
H 11.19
MY1 12.88
MK1 12.78
CF 13.97
HP 10.59
JS 10.59