Mumbai based Alliance Insurance Brokers has appointed Aatur Thakkar...
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Bajaj Gen Insurance unveils a rider exclusively for fetal health
Bajaj General Insurance on Wednesday unveiled ‘Fetal Flourish’, a...
Aon promotes Neha Shah as head of its Life and Health (L&H) business India
International broker Aon has promoted Neha Shah as to head its Life...
Magma General Insurance partners with Toyota Tsusho Insurance Broker India
Magma General Insurance has announced a strategic partnership with Toyota Tsusho Insurance Broker India that will distribute Magma’s comprehensive motor insurance products for private and commercial passenger vehicles through its 150 dealer network. Rajive...
Nicholas Walsh appointed as non-executive chairman of Sompo
Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, announced the appointment of Nicholas Walsh as Independent Non-Executive Chairman of the Board of Directors for Sompo International Holdings(SIH). Monica Cramér Manhem has...
Bajaj Allianz Life announces a record bonus of Rs1,833 crore for FY 25
Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has announced a record bonus of ₹1,833 crore for the financial year 2024–25 (FY25), its highest ever to date. This marks a significant 32% increase over the ₹1,383 crore bonus declared in...
Diana Baer appointed CFO for Munich Re Holdings of Australasia
Diana Baer has been appointed chief financial officer for Munich Re Holdings of Australasia. Diana has been working for Munich Re for 17 years and brings extensive experience from various finance roles within the company along with expertise in executive management,...
Aviva India appoints Suresh Mahalingam as chairperson
Aviva Life Insurance Company India today announced the appointment of Suresh Mahalingam as its new chairperson. Currently, Mahalingam is an independent director Aviva's board since July 2020. He has over 30 years of leadership experience across the BFSI and FMCG...
Aditya Birla Capital becomes a corporate agent
After selling its insurance broking unit, Aditya Birla Capital Limited has announced that it has secured approval from the IRDAI to operate as a Corporate Agent (Composite). The license, granted on April 21, 2025, allows the company to solicit Life, General, and...
IRDAI approves Niva Bupa’s Krishnan Ramachandran 5-yr extension as CEO
Niva Bupa Health Insurance has received regulatory approval from the IRDAI for the re-appointment of Krishnan Ramachandran as CEO and MD. The re-appointment is effective for a five-year term from May 1, 2025, to April 30, 2030.
TATA AIG General launches new health cover
TATA AIG General Insurance today announced the launch of MediCare Select, a next-generation health insurance solution aimed at expanding healthcare access across India. As part of this broader strategy, TATA AIG aims to expand its hospital network from 11,500 to over...
Manoj Ayyappan, JS, DFS, appointed as govt’s nominee director in GIC Re
The Ministry of Finance has nominated Manoj Muttathil Ayyappan, joint secretary, Department of Financial Services as a director on the Board of GIC Re with effect from 17 April in place of M. P. Tangirala, former additional secretary, DFS. Ayyappan had joined the DFS...
Bajaj Allianz Life Superwoman Term launched
Bajaj Allianz Life Insurance, has launched Bajaj Allianz Life Superwoman Term (SWT), a comprehensive protection solution exclusively for women. This pioneering solution goes beyond traditional life insurance, offering financial security with term insurance benefits,...