Insurance News

Promoters of L&T General Insurance and HDFC Ergo are in merger talks. L&T General Insurance is the only private company after Reliance

After finding no evidence of violations, fair trade regulator CCI has closed the case against four public sector general insurers that were alleged

The employees of five public sector insurance companies have got the wage hike of 13.5% with retrospective effect from August 2012, involving an ou

Insurance regulator Irdai has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment, Parliament was informed today.

Insurance Regulatory and Development Authority of India (Irdai) has received applications from ten new players to start operations in the country,

German reinsurer Munich Re said it would buy an additional 23.27 per cent stake in Apollo Munich Health Insurance Co from its joint venture partner

Max Bupa Health Insurance (Max Bupa) today announced that its foreign parent Bupa has executed agreements to acquire an additi

Insurance regulator IRDAI today permitted UK-based Lloyds to set up business in India and have floated a draft rules and regulations relating to re

A group of ministers headed by Home Minister Rajnath Singh today discussed proposed new crop insurance scheme that aims to bring down premium charg

The Reserve Bank of India has a fire insurance policy for its properties, including the building in Bandra-Kurla Complex where a fire broke out at

In a step to provide some respite to insurers, sector regulator Insurance Regulatory & Development Authority of India (IRDAI) has offered 50% r

Future Generali India Insurance Company Limited ( FGII), a joint venture between Future Group and Generali global insurance group today launched

The Insurance Regulatory Development Authority of India (Irdai) came out with the guidelines on Indian control and management, which can offer more

Gujarat International Finance Tec-City (GIFT), which was to enable India to become a global reinsurance hub, might not offer any tax incentives to

Neelesh Garg has been appointed as the new Managing Director and Chief Executive Officer of Tata AIG General Insurance Company. K K Mishra, ha

Life Insurance Corporation of India (LIC) today said it has so far collected over Rs 7,000 crore under its senior citizen pension scheme 'Varis

The Insurance Regulatory and Development Authority of India (IRDAI) allowed banks to tie up with more than one insurer, from life, non-life and sta

India received USD 184.97 million (about Rs 1,186 crore) foreign direct investment (FDI) in the insurance sector during March to May this year, Par

Modi held a roundtable with the heads of major Canadian financial institutions in Toronto on Thursday, stressing that his government is focused on