Insurance News

The work on the valuation of assets and liabilities of Sahara India Life Insurance Company Ltd by an independent actuary will happen only after the

Since most insurance companies in the country do not have products tailored for child healthcare, the Indian Academy of Paediatrics (IAP)

A record bancassurance sales figure has helped SBI Life Insurance's assets under management (AUM) cross the Rs 1-lakh- crore milestone.

Star Health and Allied Insurance Co. Ltd, which focuses on health, travel and accident insurance, is looking to raise up to Rs 3,000 crore in fundi

SBI Life Insurance on Tuesday announced the launch of ‘SBI Life-Sampoorn Cancer Suraksha’, an individual, non-participating, non-linked

Postal Division is holding a special drive for revival of lapsed Postal Life Insurance (PLI) and Rural Postal Life Insurance (R

Ratings agency, Icra, has pitched a 15-18% growth rate of new business of Life insurance sector on an Annualised Premium Equiva

HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd have called off their proposed merger after failing to win regulatory approval for a uni

The Securities and Appellate Tribunal (SAT) has ordered status quo for one week on the insurance regulator's directive to transfer Sahara

Embattled Sahara group on Sunday said it will approach the court of law against IRDAI order directing transfer of its life insurance business to IC

Two city-based life insurance agents - Milind Sampagaonkar and Kirti Sampagaonkar- are attempting to create a record by selling 11,000 li

Life Insurance Corporation of India (LIC) reported a 145% jump in profit on sale of equities in the first quarter of the current financial year, sa

Bajaj Allianz Life Insurance has renewed its corporate agency agreement with Thrissur-based Dhanlaxmi Bank, one of the oldest private sector banks

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

State-owned Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance pro

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

Private health insurer Apollo Munich today announced the launch of Indias first travel insurance chatbot, Travel Ninja,
which will enable it

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.

ICICI Lombard General Insurance Co. Ltd, the non-life insurance joint venture of ICICI Bank Ltd and Fairfax Financial Holdings Ltd, on Friday filed

Many customers only realise at the time of making a claim that their health insurance policy does not cover certain medical conditions or

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

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