Shriram Life Insurance Company (SLIC) has partnered with ESAF Small...
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Go Digit General Insurance gets Bombay HC relief on GST demand
After ICICI Lombard General Insurance, the Bombay High Court has...
Maharashtra to come up with separate law for gig workers
Maharashtra Labour Minister Akash Fundkar on Tuesday said 'gig...
Castrol, Mahindra Insurance Brokers announce strategic alliance for Castrol Auto Service Workshops
Castrol India Limited, India’s leading lubricant player, has signed an MoU with Mahindra Insurance Brokers Limited (MIBL), to enable Castrol Auto Service (CAS) workshops to sell vehicle insurance policies by top insurance companies, further enhancing their customer...
Kotak Life to recruit Ex-Servicemen for various roles in the company
Kotak Mahindra Life Insurance Company (Kotak Life) on Monday signed a Memorandum of Understanding (MOU) with the Directorate General Resettlement (DGR), an Inter Service organization functioning directly under the Department of Ex-Servicemen Welfare (Ministry of...
Vumlunmang Vualnam appointed as addl secy, DEA
The government on Monday has appointed Vumlunmang Vualnam as the new additional secretary in the Department of Economic Affairs. Suchindra Mishra, additional secretary, DFS , who was also dealing with Insurance Department, has been shifted to Ministry of Defense.Shyam...
Guy Carpenter appoints Laurent Rousseau as CEO of EMEA
Guy Carpenter announced the appointment of Laurent Rousseau, former CEO of SCOR, to the newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions, effective September 4, 2023. Based in London,he will report to Dean Klisura, Guy Carpenter...
LIC raises stake in SAIL by 2%
Life Insurance Corporation of India (LIC) has raised its stake in state-owned steel production firm SAIL by about 2 per cent to to 8.68 per through an open market acquisition. LIC bought 8.26 crore shares or 2.001 per cent of equity capital at an average price of Rs...
Max Life launches Smart Wealth Advantage Growth Par Plan
Max Life Insurance Company Ltd. has launched Smart Wealth Advantage Growth Par Plan - a non-linked participating Individual Life Insurance Savings Plan. The plan combines the power of ‘Protection, Liquidity, and Flexibility’ into a simple solution and offers...
TPG backed Insurtech PolicyBoss closes Series B funding
InsurTech PolicyBoss, announced that it has closed its series B round of investment with a consortium of investors’ including India SME Investments and Madhav Mirani, (Ex-Co-founder–Ugam Solutions) and prominent Angel Investor – Jitendra Gupta, amidst continued...
Max Life announces Rs 1,604 cr bonus for its policyholders
Max Life Insurance Company Ltd has announced its highest- ever participating (PAR) bonus of Rs. 1,604 Cr. for its approximately eligible 21 lakhs eligible participating policyholders in FY22-23. This is the Company's 21 st consecutive annual bonus; 8% higher than the...
Rajeev Dogra appointed as MD & CEO of Raheja QBE General Insurance
Raheja QBE General Insurance has announced the appointment of Rajeev Dogra as its new Managing Director & Chief Executive Officer following regulatory approval from Insurance Regulatory and Development Authority of India. Dogra has three decades of experience and...
Bansal to replace Sourav Mishra in NIC and NIA
The government has nominated Mukesh Kumar Bansal, the new joint secretary in Department of Financial Services (DFS) on the board of Kolkata based National Insurance Company(NIC) with immediate effect in place of Saurabh Mishra, who quit his job earlier. Bansal will...