Insurance News

With ICICI Prudential Life Insurance kicking off with its mega IPO next week, a host of insurance companies would be eyeing how investors respond t

This year another channel for sales of insurance called Insurance Marketing Firms (IMFs) began operation. According to the latest li

Life insurance companies business from new premium rose by 59% to Rs. 14,285.20 crore in August this year. The 24 life insurers had clocked in

ICICI Prudential Life Insurance, ICICI Prudential Life Insurance, the country's first insurer to launch a public offer, has fixed IPO 

The shares of ICICI Bank surged over 2% as its insurance arm, ICICI Prudential Life Insurance Company received market regulator the Securities and

Focusing on mass market approach, private insurer IndiaFirst Life Insurance has registered an impressive 28% growth year-on- year in group ins

Net profit of the state-owned Life Insurance Corporation shot up 38% in 2015-16, but most private life insurers witnessed tepid growth or decline i

The regulator plans to mandate all companies with about 10-year history to list on stock exchanges which would help them raise capital as well as m

Insurance companies and repositories are gearing up to meet the October 1 deadline for issuing electronic policies to those who pay Rs 10,000 or mo

As the economy aims to grow at a faster pace than other emerging markets,finance ministry, Arun Jaitley, on Thursday highlighted the need for stren

Birla Sun Life Insurance (BSLI) today launch of BSLI Cancer Shield Plan that aims to provide the confidence of financial security if the need arise

The insurance Regulatory and Development Authority of India is cracking the whip on misselling of insurance by banks. It proposes to ban insurance

Private life insurers, especially the bank-led, are clearly turning a corner with not only more than 15% growth in new business but also cost impro

To make listing of insurance firms compulsory, sector regulator Irdai will soon release an exposure draft on the issue. So far, ICICI Prudential Li

The insurance regulator has tightened equity investment norms by prescribing a dividend track record of 10% for the last two years instead of the e

The Insurance Regulatory Development Authority of India (IRDAI) has cracked down on mis-selling of insurance by banks. Banks will now be held respo

Private life insurance companies delivered 13% year-on- year growth in individual annual premium equivalent (APE) during July 2016, lower than 24-2

In a stern message to banks, Reserve Bank of India Deputy Governor S. S. Mundra on Tuesday said the central bank is "deeply concerned" ab

New business premiums of life insurance companies saw a four% rise to Rs. 13,854.44 crore in July 2016 as against Rs. 13,319.97 crore pre

Insurance sale through Common Service Centres (CSCs) is yet to see big growth, due to lack of trained sales personnel and low awaren

The boards of HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd on Monday signed off on their merger, which will create India’s larg

The boards of HDFC Life and Max Life Insurance are set to approve a new scheme of arrangement on Monday (today) after the insurance regulator told

Irdai today came out with guidelines for acquisition of shares in listed insurance companies under which the acquirer will be r

The insurance regulator has exempted listed insurance companies promoted by entities that are regulated by the Reserve Bank of India, Securities an

Your insurance policies- life, health and motor will begin to cost more from April 2017 as you would end up paying up to 300 basis points more in t

Canara HSBC Oriental Bank of Commerce Life Insurancehas launched a new linked insurance product 'iNVESTSHIELD' that aims to protect and mee

IRDAI has directed banking and financial institutions, who act as bancassurance agents for insurance companies, not to forcibly sell policies to th

HDFC Standard Life Insurance on Sunday said the due diligence process is almost completed  for proposed creation of largest private sector lif

Unclaimed amount of policyholders with insurancecompanies (both life and non-life) has reached around Rs 11,668 Crore as on March 31, 2016,&nb

India's largest insurer Life Insurance Corporation of India (LIC) has signed an agreement with private sector lenderAxis Bank&nb