Debasish Panda, former Chairman of the Insurance Regulatory and...
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HDFC Life launches ‘First Call’ term campaign
HDFC Life, has unveiled a new term insurance campaign titled “First...
Markel bolsters International War and Terrorism team with new operations manager
Markel Insurance, today announced the appointment of Clarice...
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...
PhonePe launches pre-approved term life insurance
PhonePe on Friday announced the launch of a ‘pre-approved term life insurance’ feature on its platform. The company has partnered with leading insurers to enable this feature on its platform. In fact, the company is focused on scaling up this offer tremendously and...
NABARD subsidiary partners with IndiaFirst Life Insurance
IndiaFirst Life Insurance Company (IndiaFirst Life) announced its selection as one of the life insurers for NABFINS, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD) to provide Group Credit Life Micro Insurance cover for NABFINS’...
Chola MS and Mahindra Finance join hands to offer non-life insurance solutions
Chola MS General Insurance has announced a strategic partnership with Mahindra Finance, one of India's leading Non-Banking Finance Companies.This collaboration will provide motor and other non-life insurance solutions to over 10 million customers of Mahindra Finance....
BajajCapital Insurance launches comprehensive pet insurance plans
BajajCapital Insurance announced the launch of its new pet insurance segment, available now on BajajCapitalInsurance.com. With this addition, pet parents can now compare policies for their dogs, Dogs are the most popular pets in India, with 63% of pet owners having at...
ICICI Lombard General to partner with Karnataka Bank
ICICI Lombard has announced its collaboration with Karnataka Bank.The entire range of insurance products of ICICI Lombard General Insurance will now be accessible across Karnataka Bank's 915 branches, reaching over 13 million customers nationwide.
Shriram Life Insurance launches affordable annuity plan
Shriram Life Insurance has launched an affordable annuity plan that balances long-term savings growth along with insurance protection. Individuals aged 40 and up until the age of 75 can purchase Shriram Life Deferred Annuity Plan, which offers tax benefits as well as...
Ageas Federal Life declares highest-ever total bonus of Rs 134 crore in FY24
Ageas Federal Life Insurance has announced its highest-ever total bonus of Rs 134.44 crore during the annual valuations for the fiscal year 2023-24. This significant milestone marks the 10th consecutive year of bonus declarations by the company, reflecting a notable...