Justice Joymalya Bagchi said, “The AAIB inquiry is not for...
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Mahindra & Mahindra and Canadian Manulife form 50:50 life insurance JV, To invest Rs 3,600 crore
“We can plan getting into non-life business if composite license is...
GIC Re net profit surges 55% to Rs 2,867 cr in Q2FY26, global premium rises 15% to Rs 9,600 cr
`GIC Re’s broad objective is to maintain its dominance in the...
DPIIT launches PM GatiShakti Offshore for integrated planning
The portal would have detailed data sets on offshore wind, solar, tidal, wave, and ocean thermal energy potential; oil and gas fields and pipelines; bathymetry and sedimentary basins; coastal regulation zones; coral reefs, mangroves, and marine mammal areas; ports,...
ICICI Lombard General Insurance net profit rises 18% to Rs 820cr, approves an interim dividend of Rs 6.5 per share
Combined ratio in Q2 FY2026 was 105.1 per cent as compared to 104.5 per cent in Q2 FY25. Company's underwriting losses have dipped to Rs178 crore in the second quarter of the current fiscal from Rs160 crore in Q2FY26. The insurer, at 31.9 per cent, has breached...
Infosys chosen by UK’s NHSBSA to deliver a new workforce management solution
Powered by advanced technologies, the new solution will deliver a modern, flexible, and integrated platform that supports the entire employee lifecycle - from recruitment and onboarding to payroll, career development, and retirement. With intuitive, AI-driven tools,...
UP to frame digital agriculture policy farmers to get real-time data on crops, markets and insurance: CM Adityanath
Yogi Adityanath, Chief Minister,Uttar Pradesh The proposed system will provide real-time, integrated access to data on crops, weather, seeds, irrigation, fertilizers, insurance, markets, logistics, and institutional services, an official statement issued here said...
GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub
GIFT City's overall rating improved, underscoring increasing confidence among global investors and institutions in India's emerging international financial ecosystem. It also made a significant gain in the FinTech Index, where it rose five positions from 40th to 35th...
ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26
The life insurer's Value of New Business (VNB) improved marginally by 1 per cent to Rs 592 crore, compared to Rs 586 crore in Q2 FY25, while the VNB margin expanded to 24.4 per cent from 23.4 per cent, indicating better profitability in new business Mumbai: ICICI...
Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission
(Lto R)- Narendra Kumar Bharindwal, President, IBAI, met with Tapan Singhel, chairman, General Insurance Council on Monday The Insurance Brokers Association of India( IBAI) wants an industry-wide dialogue on the transfer of GST burden to intermediaries to maintain...
Startups bridging India’s mental health gap through tech-led innovations
According to the India Mental Health Alliance (IMHA), a staggering 200 million Indians have diagnosed mental health conditions but receive no adequate treatment, leading to a treatment gap as high as 95 pert cent in some areas. NEW DELHI: Mental health-tech startups...
IRDAI tightens fraud control measures for re/insurers and distribution partners, to be implemented from next Apr 1
All insurers have to share with Insurance Information Bureau (IIB) the details of distribution channels, hospitals, third party vendors and fraud perpetrators blacklisted and IIB will have to maintain the caution repository concerning all such details in order to...
SC seeks Centre’s reply on plea to ensure adequate life support facilities in ambulances
Besides other prayers, the plea has sought directions to the authorities to establish or continue with a telephone or online helpline facility for the public to report complaints pertaining to inadequate or improper facilities in ambulances or overcharging,...