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.

Agents had a battle on their hands on two fronts – on the business front and for their rights. The former was routine and the latter took them to Delhi for a Maha Sammelan. Part 2 of the cover story series this issue on liberalisation covers the responses of institution heads.

December’s cover story on ‘The Decade of Transformation’ elicits opinion from institution heads. These institutions are the Life and General Insurance Councils, two educational training institutions Insurance Institute of India and Financial Planning Standard Boards and the National Federation of Insurance Field Workers of India and the Life Insurance Agents Federation of India representing agents.

Thousands of agents from all over the country congregated at Delhi’s Ram Lila Maidan for a Maha Sammelan to protest the Swarup Committee proposal to phase out agents’ commission. After taking out a rally to the Prime Minister’s Office, a few representatives handed over a memorandum at the PMO.

Office bearers of Life Insurance Agents Federation of India (LIAFI) met a host of dignitaries including Mr Pranab Mukherjee, Union Finance Minister, Mr S Jaipal Reddy, Union Urban Development Minister, Mr Rajnath Singh, Leader of the Opposition, Mr Rahul Gandhi, Lok Sabha MP to protest the Swarup committee recommendation phasing out agents’ commission.

LIAFI’s 13th General Council Meet Life Insurance Agents Federation of India (LIAFI) is holding its 13th general body meeting in New Delhi from February 6 to 8, 2009. LIAFI Northern Zone will be hosting the three-day event in Delhi, which will be held at the Ambedkar Bhawan Ground on Rani Jhansi Road. A magazine will [...]