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Lockton India appoints Girish Mantri from Howden India as CFO
Lockton, the world’s largest privately held, independent insurance...
LIC launches special revival campaign for revival of lapsed policies from 18th August to 17th October 2025
LIC has come up with a special revival campaign for revival of...
Star Health’s rating upgrade
Star Health and Allied Insurance Company has achieved a credit rating upgrade from India Ratings and Research (Ind-Ra). The company's Long-Term Issuer Rating has been elevated to 'IND AA+' from 'IND AA', with a Stable outlook. Additionally, Star Health's subordinated...
LIC launches single premium group micro term insurance plan
Life Insurance Corporation of India has introduced Single Premium Group Micro Term Insurance Plan with effect from Oct 07. This plan is a Non-Participating, Non-Linked, Group, Pure Risk, Life Micro Insurance product. With a flexibility to choose term from 1 month to...
AU Small Finance Bank and Niva Bupa join hands to offer health covers
AU Small Finance Bank, the country's largest small finance bank today announced its partnership with Niva Bupa Health Insurance to offer health insurance products to AU SFB’s customers. Building on Niva Bupa’s existing relationship with Fincare Small Finance Bank (now...
SBI General partners with BLS E-Services for selling its products
SBI General Insurance has entered into a strategic partnership with BLS E-Services to deliver essential insurance products to a broader range of customers across India. This collaboration is set to expand the insurer's footprint, particularly in rural and regional...
Srinivas Rao Ravuri joins Bajaj Allianz Life Insurance as chief investment officer
Bajaj Allianz Life Insurance has appointed Srinivas Rao Ravuri as its Chief Investment Officer (CIO) where he will lead the company’s investment team and manage the portfolio towards optimising its investment performance. Srinivas is a seasoned investment professional...
Tata AIA Life announces a new term insurance ‘Sampoorna Raksha Promise’
Tata AIA Life Insurance, has announced a new term insurance ‘Sampoorna Raksha Promise’ that comes with innovative features and benefits. Keeping in mind that the family may have to incur urgent expenses on the demise of the key member, it offers instant payout of Rs....
Bancassurance: Bajaj Allianz General ties up with HSBC India
Bajaj Allianz General Insurance and HSBC India have announced a strategic partnership to offer general insurance products and services to HSBC’s vast customer base in India, ``Through this collaboration, we aim to provide comprehensive insurancesolutions to HSBC’s...
SBI Life gets GST demand notice of Rs 239 crore
SBI Life on Thursday said tax authorities have slapped a demand notice of about Rs 239.27 crore on it for short payment of Goods and Services Tax (GST) for the financial year 2019-20. The company has received an order for interest and penalty from the Deputy Excise...
SBI Life acquires 7.75 lakh shares of Krishna Institute of Medical Sciences at a price of Rs 184 crore
SBI Life Insurance has acquired an additional 7.75 lakh shares of Krishna Institute of Medical Sciences (KIMS) at a price of Rs 184 crore through open market transactions, as reported on Tuesday. According to data from the BSE, SBI Life Insurance Company purchased...
LIC sells 2.09% in Hindustan Copper
Life Insurance Corporation of India (LIC) on Monday said it has sold a 2.09 per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction. The insurance behemoth has sold a total of 2,01,62,682 shares, or 2.085 per cent stake, in...