Insurance News

Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd on Saturday sold 12.18% of its stake in general insurance ICICI Lombard Gene

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

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

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

Insurance and Regulatory Authority of India (Irdai) chairman T S Vijayan has said that though the newly introduced goods and services tax (GST) has

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

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

Even after 70 years of independence, healthcare facilities for the common Indian are in a dismal state. The contrast is quite remarkable on one han

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

In the last two years, HDFC Life Insurance Co has been coming close to and then shying away from the No 2 spot in the private life insurance indust

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<

IRDAI has issued new guidelines on outsourcing activities by insurers by clearly defining the areas of work that should be done in- house and those

With the Parliament clearing the way for four crucial GST bills in its April session, India’s landmark tax reform is all set for it

The insurance regulator is considering allowing life insurance policy holders to switch from one insurer to another without surrendering their exis

The movie Bahubali 2 The Conclusion, which has set cash registers ringing at the box office, has been good for insurers as well.

In a bid to curb the activities of inter-state vehicle lifters' gangs in the national capital and to keep a tab on resale of stolen vehicles, t

IT services firm Genpact said it has acquired insurance claims service provider BrightClaim and its associated company Nat

Public sector general insurer New India Assurance recorded a profit after tax of Rs 1008 crore in FY17, a 22% increase. The insurer collected globa

Star Health and Allied Insurance Co Ltd on Wednesday said it has tied up with Hero Corporate Service Pvt Ltd for distributing health

Max Bupa Health Insurance announced an exclusive three-way tie up with GOQii. The alliance combines the strength of a health insurer and a digital

New India Assurance has selected five investment bankers for its forthcoming initial public offering this year. The largest state-owned non-li

Regulator Irdai has asked the life insurance behemoth LIC to prepare a roadmap to pare its stake to 15% in firms where it breaches this ceiling, bu

Private sector lender Kotak Mahindra Bank on Friday said that it is buying out the entire 26% stake of Old Mutual in its life insurance arm for Rs

HDFC ERGO General Insurance, a leading private general insurer, on Friday reported a 83.2% increase in net profit for the financial year ended Marc

IndiaFirst Life Insurance is working on mass market insurance products. The premium for these products will be low and will help the company increa