An old year has ended and a new year has begun. Milestones 2009 recaptures the mood of the insurance industry at the close of the year 2008 and beginning of the year 2009.
Every month it goes on to highlight the stories of each issue that best summed up the state of the industry. In conclusion the story of the Year is told through Numbers.

The New Pension Scheme (NPS) will soon get a final push. The Union Finance Minister is to present the Pension Fund Regulatory and Development Authority (PFRDA) Bill in the Cabinet which, in turn, will place it for approval in the winter session of Parliament, according to media reports. PFRDA also proposes to grant annual incentives [...]

Even as disbelieving agents had little time to react to the Swarup Committee recommendation phasing out commissions, Mr S B Mathur, Secretary General, Life Insurance Council, said the, ‘The Report is Unfair’ and select data had been used to project a tarnished picture of the industry.