The New India Assurance Company Limited on Tuesday said that it has...
Category:
Briefs
Latest
NIA receives IT refund of Rs 249.79 crore
New India Assurance has received an Income Tax refund of Rs.249.79...
Govt extends one-time option to employees to opt for UPS
The government has decided to extend a one-time option to central...
Risk to public health from the avian influenza A (H5N1) virus remained low: WHO
The head of the World Health Organization (WHO) said on Wednesday that the risk to public health from the avian influenza A (H5N1) virus remained low despite its spread among dairy cattle in the United States. Tedros Adhanom Ghebreyesus, WHO Director-General, said the...
Kirloskar group’s Arka Fincap receives IRDA license for corporate agency
Mumbai: Arka Fincap Limited, a NBFC and subsidiary of Kirloskar Oil Engines Limited (KOEL), has been granted license to act as a corporate agent (composite) by the Insurance Regulatory and Development Authority of India (IRDAI).Vimal Bhandari, executive vice chairman...
Tata AIA ties up with Federal bank, ICICI Lombard with Capital Small Finance Bank
Capital Small Finance Bank has announced a bancassurance corporate agency tie-up with ICICI Lombard General Insurance. Anand Singhi, chief- retail and government, ICICI Lombard, said, “Our alliance with Capital Small Finance Bank is a strategic move to further expand...
Sandeep Batra to be chairman of ICICI Prudential Life Insurance from June 30
The Insurance Regulatory and Development Authority of India has approved the appointment Sandeep Batra, current an executive director, ICICI Bank as the next chairman of ICICI Prudential Life Insurance. The appointment will be effective from June 30, 2024. Batra, who...
Tata AIA Life provides instant loan up to Rs 1 lakh against policies
Policyholders of Tata AIA Life Insurance can now avail an instant loan of up to Rs 1 lakh at an interest rate of 8.80% per annum from their insurance policy without losing any coverage or without any credit check. The loan amount is credited to the consumer’s account...
Acko ties up with Mygate to offer car insurance
Mygate, a living experience tech company, has entered into a strategic partnership with ACKO. Initially, the partnership will focus on car insurance, offering with Mygate users accessing Acko policies at exclusive prices, timely renewal reminders, and instant...
Max Life declares Rs1,826 crore bonus in Fy 23-24
Max Life Insurance Company (Max Life) has announced its highest-ever participating (PAR) bonus of Rs1,826 Crore for its eligible policyholders in FY23-24. The bonus is 14% higher than the bonus declared in the last fiscal. The declared annual bonus will be added to...
Upstox ties up with HDFC Life for selling insurance products
Upstox, a wealth management platform today launched its entry into insurance distribution business and has tied up with HDFC Life as its first insurance partner. “With this launch, the company aims to revolutionise India's insurance landscape by offering its users a...
HDFC Life announces highest-ever bonus of Rs 3,722 cr on participating plans
HDFC Life has announced its highest-ever bonus of Rs. 3,722 cr. on participating plans during the company’s board meeting in April 2024 benefitting 22- 23 lakh policyholders. Out of the total bonus amount, Rs 2,798 crore will be disbursed to policies in the current...
Govt entrusts NIA’s financial and administrative powers to both of its EDs
The government has made some temporary arrangements to manage the day to day functioning of New India Assurance after Neerja Kapur retired as CMD of the company in Apr end. The ministry of finance on Monday has entrusted the financial, administrative powers and...