Dena Bank eyes non-life foray (Business Standard India)
Dena Bank plans to enter the non-life insurance business through a tie-up with a foreign or local partner by the next financial year.

A.M. Best Downgrades Ratings of Northstar Life Insurance Company (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to A from A+ and the issuer credit rating to "a+" from "aa" of Northstar Life Insurance Company . The outlook for both ratings is stable.

Bajaj Allianz Life Insurance logs profit of Rs 30 crore (ANI via Yahoo! India News)
Mumbai, July 12 (ANI): Bajaj Allianz Life Insurance has once again taken the lead amongst private sector life insurance companies in proving it's management marketing skills and on the back of a profitable 2006-07. The company is starting its first quarter of 2007-08 with a Rs 30 cr profit. Its full year profit for fiscal 2006-07 was Rs 63 cr. Bajaj Allianz Life Insurance issued over 536,703 ...

Firms not in line with insurance act? (iafrica.com)
The Life Offices' Association is launching an urgent enquiry into whether some companies have been contravening consumer credit insurance practices, the association announced on Friday.