Insurance News

Repositories are likely to see slow business in the initial phases of digitisation of insurance policies, which will become mandatory above a thres

Liberty General Insurance today said it will more than double its offices across India in next four months to 80 locations, witnessing traction in

The Delhi government is mulling a new insurance scheme under which accident victims will be treated free-of-cost, Minister of Health Satyendar Jain

ICICI Prudential Life Insurance Co. Ltd is likely to launch its Rs.6,000 crore initial public offering (IPO) by September, according to two pe

Insurance premium collection in India grew by 7.9 per cent in 2015 as demand for both life and non-life products was strong, a globa

Insurance penetration in India has risen partially to 3.4% in financial year 2015-16 compared to 3.3% in 2014-15, according to Swiss Re's

Even as a RBI report released on June 28 favoured distribution of insurance products by banks, it warned of possibility of misselling, especially i

Aditya Birla Nuvo shares rallied over 6% on Tuesday after the company announced the formation of a step-down subsidiary for entering into health in

Motor third party policies may soon be available at pollution check centres and other agencies following Insurance regulator IRDAI approv

Within 14 months, ICICI Lombard’s Long-Term Two Wheeler Insurance (LLTW) managed to garner premium of Rs 166 crore and cross 5 lakh policy ma

IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal & General (UK), on Monday announced their collaboratio

Bajaj Finserv Ltd is likely to buy out its German partner Allianz SE’s stakes in two insurance units Bajaj Allianz Life Insurance Co. Ltd and

Insurance regulatory body, Irda, has come out with a draft regulation on selling insurance via e-commerce platforms to help increase insurance pene

A comprehensive health programme focussing on primary care, the first-ever e-health programme that will create an electronic health database of the

United India Insurance Company Ltd. has decided to go in for rationalisation of product pricing to improve profitability, according to a top offici

After protracted deliberations decks seem to have been cleared for introducing an integrated health insurance scheme with Prime Minister (PM) Naren

Muthoot Finance Ltd has completed acquisition of Muthoot Insurance Brokers Pvt Ltd (MIBPL) by transfer of equity shares from its existing sharehold

PSU lender Bank of India has sold 18% stake in its life insurance venture Star Union Dai-Ichi Life insurance to Japan's largest life insurer Da

Exide Life Insurance today announced that they have signed India's ODI and T20 cricket captain Mahendra Singh Dhoni as a brand ambassador. &quo

Prime Minister Narendra Modi on Tuesday joined over 30,000 people here for the second International Yoga Day celebrations as he pitched for treatin

Max Financial Services shares extended their rally on Monday after HDFC Life and Max Life opened merger talks. Max Financial Services jumped as muc

The absence of digitised records in a majority of the hospitals in India is reported to have  resulted in claims getting delayed more often th

Private life insurers HDFC Life and Max Life, which have entered into an agreement for a proposed merger, have said the cultural fit between the tw

HDFC Standard Life Insurance's deal with Max Financial Services has effectively killed the possibility of what would have been the first initia

A likely era of consolidation begins in the insurancesector with Friday's board approval for merger of Max Financial Services and Max Life with

Life Insurance Corporation of India (LIC) has seen an improvement in its persistency ratios for the year ended March 2016 as compared to the previo

Pramerica Life Insurance today said it has forayed into health insurance business with the launch of dengue protection policy. "Pramerica Life

Gross direct premium income of general insurance companies grew 19.4% year-on-year in May, with private players continuing to report higher growth

The Insurance Regulatory and Development Authority of India (IRDAI) in its draft guidelines (feedback is invited till June 22) for listed insurance

International healthcare group Bupa and leading multi-business corporate, Max India Ltd., today announced the completion of the transaction to incr