Insurance News

Insurance regulator Irdai on Friday asked leading private sector life insurer ICICI Prudential Life Insurance (IPRU) to take over the business of b

Federal Bank post a weak first quarter performance as net interest income (NII) declined 5 percent sequentially and there was
impact of

Deepak Parekh, the chairman of the largest mortgage lender HDFC, today said the proposed merger of HDFC Life Insurance and Max Life has been called

Embattled Sahara Group chief Subrata Roy on Monday met TS Vijayan, chairman of Insurance Regulatory and
Development Authority (Irda), seekin

SBI Life Insurance, a joint venture (JV) between the State Bank of India (SBI) and BNP Paribas Cardif, filed its draft red herring p

HDFC on Monday said that the board of HDFC Standard Life Insurance Company Limited has approved an enabling resolution for an initial public offeri

A steep 13% drop in the ITC shares on Tuesday weighed heavy on its largest shareholder, Life Insurance Corporation of India (LIC), which suffered a

Mahindra & Mahindra (M&M) on Saturday said Life Insurance Corporation of India (LIC) has divested 2% stake in the company.

Private life insurance company Canara HSBC Oriental Bank of Commerce Life Insurance, has entered into an alliance with Dhanlaxmi Bank.

Insurance Regulatory and Development Authority has given an in-principle approval for the IPO of SBI's life insurance subsidiary, reports

Insurance behemoth Life Insurance Corporation of India (LIC) has bought an additional stake of over 3% in public sector Bank of India for about Rs4

ICICI Prudential Life Insurance Co. Ltd has agreed to take over the life insurance business of Sahara India Life Insurance Co. Ltd,

The Insurance Regulatory Authority of India (IRDA) has identified six insurance firms that can take over the business of Sahara India Life Insuranc

State-owned Life Insurance Corporation (LIC) bought shares worth over Rs5,800 crore in State Bank of India’s (SBI) Rs15,000 crore qualified i

The life insurance industry maintained growth in May, with private players saw the annual premium equivalent (APE) increasing 38% year-on- year.

With the insurance regulator rejecting the HDFC Life and Max Life merger structure, mortgage major HDFC is looking at selling 10% of its stake in i

The Life Insurance Corporation (LIC) has pulled off a record claim performance by settling 99.92% of death claims in 2016-17 as against industry av

The Insurance Regulatory and Development Authority of India (IRDAI) has taken over the administration of Sahara India Life Insurance.

Indian cricket legend, Sachin Tendulkar has been unveiled as the face of the IDBI Federal Life Insurance Spice Coast Marathon 2017.

After IRDAI red flagged the merger between HDFC Standard Life and Max Life Insurance, both companies have said that they will continue seeking vari

Life insurance industry saw 17.78% increase in Asset under Management (AUM) during the financial year 2016-17, aided by the good growth in the equi

Private sector life insurer, IndiaFirst Life Insurance today said it has settled claims amounting to Rs 161 crore and supported around 8,000 famili

Max India announced that in reference to the Composite Scheme of Amalgamation and Arrangement filed with Stock Exchanges involving Max Li

Insurance Regulatory and Development Authority of India (Irdai) has raised objections to the merger between HDFC Standard Life and Max Life Insuran

Labour minister Bandaru Dattatreya on Monday said that 40 crore workers from unorganised sector will be covered under social security schemes

A new unit-linked insurance plan (Ulip) from Life Insurance Corporation of India (LIC) may take some more time, While the insurer's one existin

HDFC Ltd and Max Financial today clarified that they have not received any communication either from the government or regulator for the proposed a

Exide Life Insurance Company Limited is planning to launch two new insurance products in the July quarter, according Kshitij Jain, managing directo

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited announced their financial results for the financial year 2016-17

Max Life Insurance, one of India’s leading life insurance companies, has been awarded the ASQ Bronze award for ‘Improve 7 calendar day