- 1600 Views
Startups aspiring to be in the insurance space with private equity (PE) backing will need a `fit and proper promoter' -who has the ability to i
State-owned Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance pro
ICICI Lombard General Insurance Co. Ltd, the non-life insurance joint venture of ICICI Bank Ltd and Fairfax Financial Holdings Ltd, on Friday filed
DHFL General Insurance today said it has appointed Vijay Sinha as managing director and chief executive effective from June 1.
Tokio Marine, a leading Japanese insurer, has raised its stake in its Indian joint venture unit IFFCO Tokio General Insurance to 49%, the maximum f
In pursuance of the proposed sale of a part of its shareholding in ICICI Lombard General Insurance Company (ICICI General) via an initial public of
India’s current insurance penetration rate stands at 3.42%, far below the global average of 6.2%, says an industry report. “A 1% rise i
The Insurance Regulatory and Development Authority of India (Irdai) has asked all the insurance companies (general, life, healt
HDFC ERGO General Insurance Company, India's third largest non-life insurance provider in the private sector and Utkar
The insurance regulator increased the limit for raising funds on ‘exceptional basis’ under other forms of capital, a move that will hel
Come July 1, fire insurance premium may go up since the insurance regulator is trying to check the insurance players from deep discounting in premi
State Bank of India has said it may look at taking the general insurance business public next fiscal, ruling out any such move in 2017-18.
Nearly seven lakh farmers who have availed crop loan through Cooperative Banks in Rajasthan will get an insurance cover of Rs 6 lakh
After selling stake in ICICI Lombard General Insurance, Canada-based billionaire Prem Watsa’s Fairfax Holdings is promoting a
Reliance General Insurance is looking to sell 10% through initial public offering in this financial year. It plans to sell 25% in the next thr
Future Enterprises plans to sell 50% stake in insurance company Future Generali, sources privy to the development told CNBC-TV18.
Online marketplace Flipkart is in talks with a clutch of digital lending startups to offer financial products, according to thr
City based private non-life insurer Cholamandalam MS General Insurance Company Ltd on Wednesday said it has raised Rs 100 crore by privat
A V Girija Kumar was today appointed as Chairman-cum- Managing Director of Oriental Insurance Company Limited.
The impending implementation of GST would undoubtedly impact one’s personal finances especially when it comes to financial services, albeit m
The insurance industry may be in for another round of revision in product regulations as the Insurance Regulatory Authority of India (IRDAI) firms
General insurance industry grew 16 per cent to Rs 12,206 crore in April in terms of gross written premium (GWP) collection.In A
Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd on Saturday sold 12.18% of its stake in general insurance ICICI Lombard Gene
Vodafone India has introduced Vodafone Red Shield, a complete device security solution with complimentary insurance for smartphones that assur
Regulator Irdai has proposed changes in fire and allied policy covers to increase insurance penetration for dwellings, offices, hotels and shops
Insurance and Regulatory Authority of India (Irdai) chairman T S Vijayan has said that though the newly introduced goods and services tax (GST) has
Buying an insurance cover will become an expensive proposition from July 1 with the GST Council deciding to club it with the financial services sec
Gen Re has received approval from the Insurance Regulation and Development Authority of India (IRDAI) to open a branch in Mumbai (known as R3 autho
Reliance General Insurance is open to inorganic growth provided good opportunity at good valuation is available, a top company official said.
The changing business dynamics of the Indian general insurance space is attracting new players. Sources tell CNBC-TV18 that DHFL General Insurance<