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ICICI Prudential Life Insurance Co. Ltd has agreed to take over the life insurance business of Sahara India Life Insurance Co. Ltd,
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
The Insurance Regulatory Authority of India (IRDA) has identified six insurance firms that can take over the business of Sahara India Life Insuranc
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
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 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.
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
Nearly seven lakh farmers who have availed crop loan through Cooperative Banks in Rajasthan will get an insurance cover of Rs 6 lakh
The Insurance Regulatory and Development Authority of India (IRDAI) has taken over the administration of Sahara India Life Insurance.
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
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
Future Enterprises plans to sell 50% stake in insurance company Future Generali, sources privy to the development told CNBC-TV18.
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
Online marketplace Flipkart is in talks with a clutch of digital lending startups to offer financial products, according to thr
Insurance Regulatory and Development Authority of India (Irdai) has raised objections to the merger between HDFC Standard Life and Max Life Insuran
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
