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When we think of insurance, the first thing which comes to our mind is LIC. Although LIC is a big player in the insurance industry, the industry is much more than that and there are many public and private players who are thriving in this industry. As they say, life is uncertain and there is a constant fear of losing it all in an instant, which is why insurance is considered to be one of the basic necessities of life. India is one of the biggest industries in the world when it comes to insurance. Know in detail about best insurance stocks in India

The Insurance Regulatory and Development Authority (IRDA) has asked 14 life insurers to defy the ban imposed by the Securities and Exchange Board of India (SEBI) on selling unit linked insurance policies (ULIP).

Industry chamber, ASSOCHAM has projected that premium from General Insurance will rise to levels of close to Rs.1 lakh crore in next 5 years as awareness and income about insurance products in retail and rural sectors are rising.

Employees' State Insurance Scheme of India, is a multidimensional social security system tailored to provide socio-economic protection to worker population and their dependants covered under the scheme. Besides full medical care for self and dependants, that is admissible from day one of insurable employment, the insured persons are also entitled to a variety of cash benefits in times of physical distress due to sickness, temporary or permanent disablement etc. resulting in loss of earning capacity, the confinement in respect of insured women, dependants of insured persons who die in industrial accidents or because of employment injury or occupational hazard are entitled to a monthly pension called the dependants benefit. A lighted lamp which is the logo of ESIC truly symbolises the spirit of the Scheme, lighting up lives of innumerable families of workers by replacing despair with hope and providing help in times of distress, both physical and financial.

LeapFrog Investments, the world's first micro-insurance fund, on Monday said it plans to invest $30 million in Indian insurance and financial services companies which have strong distribution platforms.

Delivering a knock out punch to the Securities Exchange Board of India (SEBI), the government through a ordinance issued late Friday, has unequivocally declared that unit linked insurance policies (ULIPs) are part of the life insurance business.

The Canara HSBC Oriental Bank of Commerce Life Insurance Company has decided to infuse Rs.300 crore this fiscal for operational expansion.