Life Insurance Corporation of India on Tuesday launched three new...
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Dinesh Pant joins as member, Actuary, IRDAI
Dinesh Pant, former managing director, Life Insurance Corporation,...
Elliot Richardson appointed Chief Commercial Officer, Howden
Howden, the global insurance intermediary group, today announces...
ICICI Prudential rebrands itself as ICICI Life Insurance
Private sector firm 'ICICI Prudential Life Insurance' on Monday rebranded itself as 'ICICI Life Insurance' following Prudential Plc ceasing to be a promoter of the entity.The name of the company now stands changed to ‘ICICI Life Insurance Limited’ with effect from...
Aon makes two leadership appointments for Japan Global Solutions
Global re/insurance broker Aon plc announced two leadership appointments for Japan Global Solutions, reinforcing the firm’s commitment to helping Japanese multinational clients address complex business, risk and people challenges through integrated global capabilities...
Everest Group appoints Nandini Mani as SVP, Group Chief Claims Officer
Everest Group, a global specialty reinsurance and insurance leader, announced the appointment of Nandini Mani as SVP, Group Chief Claims Officer, effective immediately. Mani succeeds Andrew McBride, who will retire following a distinguished career in the insurance...
LICHFL becomes a corporate agent of Niva Bupa Health Insurance
Niva Bupa Health Insurance has signed a corporate agency agreement with LICHFL Financial Services to expand access to comprehensive health insurance solutions.Prakash Kumar Sinha, CEO, LICHFL Financial Services, said, “This partnership brings together our network and...
IRDAI fines Canara HSBC Life and IndusInd bank Rs 1 cr each for violating norms
Indian insurance regulator IRDAI has imposed a fine of Rs one crore each on Canara HSBC Life Insurance and IndusInd Bank for violating regulations. Canara HSBC Life Insurance had sold a deferred annuity policy with an annual premium of Rs 2 lakh and a four-year...
Guy Carpenter changes its brand name to Marsh Re
Guy Carpenter, the reinsurance arm of Marsh, the largest international re/insurance broker has changed its brand name to Marsh Re. ``As Marsh Re, we are entering a new chapter that enhances how we serve clients in an increasingly complex risk environment.With the full...
LIC launches 2 New Plans: Bima Platinum and Jeevan Raksha
On the occasion of 70th anniversary of Life Insurance Corporation, R. Doraiswamy, the CEO & MD,LIC, launched two new plans- Bima Platinum (Plan 770) andJeevan Raksha (Plan 894). LIC’s Bima Platinum is a Non-Par, Non-Linked, Individual Plan which offers an...
Bajaj General Insurance launches 2 new motor covers
Bajaj General Insurance today launched ProShield, a packaged motor insurance solution designed for defence personnel, alongside the enhanced VPAY 2.0, its next generation motor insurance offering for today’s connected vehicles and evolving mobility risks. The...
HDFC Life crosses Rs 4 trillion of AUM
Mumbai:HDFC Life, the third largest life insurance company in the country, has crossed Rs four trillion of assets under management (AUM).The company’s current debt-equity ratio is 72:28. A high proportion of its debt investments are in Government bonds and AAA-rated...
Generali Central Life Insurance launches Sunehra Pension Plan
Generali Central Life Insurance (GCLICL), has launched the Sunehra Pension Plan. It is a participating (PAR), on-linked, pension, savings-oriented life insurance plan aimed at helping policyholders build a retirement corpus for their future financial security. By...