LIC on Friday said its branches will be open during the weekend and...
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Federal Bank increases its stake in Ageas Federal Life Insurance by 4% to 30 %
Federal Bank has increased equity stake in Ageas Federal Life...
Universal Sompo launches vision insurance plan
Universal Sompo General Insurance on Thursday launched a vision...
Universal Sompo General Insurance launches retail health plan
As part of its efforts to focus on retail health products, Universal Sompo General Insurance has launched Complete Health Insurance plan with added features for retail consumers. The product is a comprehensive health insurance cover that includes a slew of new...
Bajaj Allianz Life launches QR Code enabled services for its customers
Pune: In an industry-first initiative, Bajaj Allianz Life Insurance has launched QR Code Enabled Services, that provides customers access to 15 popular services on their phone After scanning the QR Code available in the company’s 509 branches, they can make premium...
“Mahindra Insurance Brokers- BigHaat” alliance to offer health and motor covers to farmers
Mumbai: Mahindra Insurance Brokers Limited (MIBL) in a partnership with BigHaat, India’s leading Agri Digital Platform, will offer financial solutions to the informal Agri segment of India’s workforce.. Mahindra Insurance Brokers will offer health and motor insurance...
SBI Gen-MSRLM partnership to boost insurance penetration in rural Maharashtra
Mumbai: SBI General Insurance has signed a Memorandum of Understanding (MoU) with Maharashtra State Rural Livelihood Mission (MSRLM), Government of Maharashtra, with the aim to enhance the penetration of non-life insurance in the state's rural population by...
“Bima Mandi” appoints Ramchandra Pandit as its CEO
“Bima Mandi”, a web insurance aggregator focused on providing catered insurance products targeting rural population has appointed Ramchandra Pandit as its chief executive officer. Ramchandra joins Bima Mandi from Navi General Insurance where he was managing director...
Kotak General Insurance partners with PhonePe to offer motor insurance
Kotak Mahindra General Insurance (Kotak General Insurance) has partnered with PhonePe Insurance Broking Services Pvt. Ltd (PhonePe), India’s leading digital payments platform to offer motor insurance to 380 million customers on the PhonePe platform. Suresh Agarwal,...
Munich Re elevates Akash Gupta as MD and head of Southeast Asia life and health
With effective from July 1, Munich Re has elevated Akash Gupta as managing director and head, Southeast Asia life and health. Gupta is currently Munich Re’s head of life and health Asia valuation and planning. Based in Singapore, Gupta reports to David Hughes, CEO,...
Date to head IRDAI’s Reinsurance Advisory Committee
The IRDAI has reconstituted its Reinsurance Advisory Committee (RAC) under the chairmanship of former managing director, Swiss Re, India Dhananjay Date. The other members are R. Chandrasekaran,former Head of Reinsurance, Cholamandalam MS General, G. Srinivasan,...
IRDA’s Insurance Advisory Committee gets 2 new members
Prakash Kumar, former chief executive officer, GST Network and Venkat Changavalli, management consultant, have been inducted as members in Insurance Advisory Committee of the insurance regulator IRDAI with immediate effect, said IRDAI on Tuesday.
IRDAI promotes S.N. Jayasimhan as CGM
In line with the Telangana High Court's order but with delay, the Insurance Regulatory and Development Authority of India (IRDAI) has promoted S.N. Jayasimhan as the Chief General Manager (CGM). As per the IRDAI order, Jayasimhan has been promoted to the grade of CGM...