Canadian billionaire Prem Watsa's company Fairfax Financial...
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Canara HSBC Life signs Jasprit Bumrah and Sanjana Ganesan as brand ambassadors
In a move that reinforces its purpose-driven brand narrative,...
LIC relaxes claim settlement process of Air India plane crash victims
Life Insurance Corporation of India (LIC) on Friday said it has...
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...
HDFC Life elevates Niraj Shah as ED & CFO
HDFC Life has elevated Niraj Shah as executive director & chief financial officer, effective April 26, 2023 for a term of three years, subject to approval of the Shareholders. Niraj has been the CFO) of HDFC Life since February 2019. He oversees finance, product...
Tata AIG appoints Anjani Kumar as CTO
Tata AIG General Insurance has appointed Anjani Kumar as chief technology officer (CTO). With over 24 years of experience in digital business transformation and technology spectrum across diversified industries such as IT consulting, logistics, pharma, automobile and...
MS Amlin expands Risk and Compliance functions with key senior hires
LONDON: MS Amlin, the Lloyd’s global (re)insurer, today announces the appointment of Ruth Adamson as Head of Insurance and Financial Risk, and Kevin Ball as Head of Compliance. Joining later this year, both new hires will report to Chief Risk Officer, Vishal Desai. MS...
Kotak General Insurance partners with actyv.ai for providing MSME cover
Mumbai: Kotak Mahindra General Insurance (Kotak General Insurance) on Wednesday has partnered with actyv.ai to offer bite-sized insurance products to new-age Micro,Small and Medium Enterprises (MSME) companies. Jagjeet Singh Siddhu, Head of Multiline Business, Kotak...
IFFCO- Tokio Gen crosses Rs10,000 crore gross written premium in FY 22-23
New Delhi: IFFCO-TOKIO General Insurance has achieved a 16 per cent growth in its gross premium to of Rs 10,000 crores in 2022-23.H.O. Suri, managing director & CEO, IFFCO Tokio stated that ``‘‘Health Insurance’ and ‘Crop Insurance’ verticals are the top most...
MS Amlin bolsters Risk Analytics expertise with senior hire
LONDON: MS Amlin, the Lloyd’s global (re)insurer, on Monday announced the appointment of Dr Jessica Turner as Head of Risk Analytics, effective 26 June 2023, and reporting to Martin Burke, Director of Underwriting Performance. Jessica joins MS Amlin from Guy Carpenter...