After selling its insurance broking unit, Aditya Birla Capital...
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IRDAI approves Niva Bupa’s Krishnan Ramachandran 5-yr extension as CEO
Niva Bupa Health Insurance has received regulatory approval from...
TATA AIG General launches new health cover
TATA AIG General Insurance today announced the launch of MediCare...
Bhaskar given powers of CMD in NIA
After, Atul Sahai retired as CMD of New India Assurance (NIA) on Feb 28, the board of (NIA) on Thursday has decided to vest power of CMD in many areas of the functioning of the company with its general manager Madhulika Bhaskar. Earlier, Bhaskar, the senior most...
Bajaj Allianz Life launches guaranteed income product
Bajaj Allianz Life recently launched their value-packed product – Assured Wealth Goal – specifically designed to offer guaranteed income to help secure one’s long term life goals, such as building a house, going abroad for a vacation, paying for a child’s higher...
SUD Life, Vakrangee join hands to sell insurance policies in smaller towns
Star Union Dai-ichi Life Insurance (SUD Life) will tap customers living in smaller towns and rural areas through a partnership with Vakrangee.SUD Life is a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life Japan. ''With the help of Nextgen...
GKB Opticals ties up with Toffee Insurance for eyewear-cover
GKB Opticals, India’s oldest and largest retailer of optical products, has partnered with Toffee Insurance to provide innovative vision and eyewear-related insurance solutions for its customers. Insurance solutions will include eyewear theft and damage, and also...
Reliance General Insurance to provide cover to One Moto India’s e-two wheelers
Electric two-wheeler maker One Moto India on Thursday said it has partnered with Reliance General Insurance to provide motor insurance to its customers. The company, which has launched three electric scooters -- Byka, Electa, and Commuta, said the partnership will...
DPIIT notifies 20 pc FDI in LIC under automatic route
The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC.The Union Cabinet had last month approved the decision to facilitate disinvestment of the...
LIC appoints Sunil Agrawal as its first CFO
Getting ready for a public listing, Life Insurance Corporation (LIC), with over Rs 38 trillion assets, has roped in Sunil Agrawal as its chief financial officer (CFO). Agrawal earlier had worked with Reliance Nippon Life Insurance in the same post for over 12 years....
Future Generali Insurance launches ‘FG Dog Health Cover’ insurance
Future Generali India Insurance Company Limited (FGII) announced the launch of FG Dog Health Cover, a comprehensive health insurance for pet dogs, along with industry-first ‘Emergency Pet Minding’ cover. This comprehensive cover will protect pet parents against the...
Premiums serviced by Medi Assist cross Rs 10,000 cr
Medi Assist Insurance TPA has become India’s first Third Party Administrator (TPA) to service more than Rs 10,000 crores of active group and retail healthcare premiums excluding the premiums for the government business where the company supports states and central...
Max Life incorporates pension fund subsidiary, to infuse Rs 55 cr
Max Life Insurance Company Ltd has incorporated a wholly-owned subsidiary Max Life Pension Fund Management Ltd and will infuse Rs 55 crore into the firm by subscribing to 5.5 crore shares. The wholly-owned subsidiary company of Max Life Insurance Company Ltd (Max...