``As India’s most trusted insurance partner, New India Assurance...
Category:
Life
Latest
18% GST on re/insurance premiums of retail Life and Health covers removed from Sept 22, insurers have to pass on benefits to customers: Sitharaman
``We have decided to remove 18 per cent GST from all individual...
Tamil Nadu among India’s most insurance-aware markets: IMRB Kantar
Key insights revealed by a study initiated by Insurance Awareness...
IDBI stake sale likely to be completed this fiscal: DIPAM secy
"LIC's market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market," Arunish Chawla, DIPAM...
Govt proposes removing entire 18% GST on retail health and life insurance: Samrat Choudhary
Finance Minister Nirmala Sitharaman chairs a meet of group of ministers(GoM) on GST rationilsation on Wednesday Bihar Deputy Chief Minister Samrat Choudhary said the Group of Ministers (GoM) on Goods and Services Tax (GST) will propose exempting health and life...
LIC launches special revival campaign for revival of lapsed policies from 18th August to 17th October 2025
LIC has come up with a special revival campaign for revival of lapsed policies from 18th August 2025 to 17th October 2025, for individual lapsed policies. Concession is being offered in late fee for all Non-Linked Insurance Plans upto 30% of late fee upto a maximum...
Centre pushes financial inclusion with insurance, health schemes for all
Pankaj Chaudhary,Minister of State for Finance According to the minister, to streamline access, the government has also launched a Jansuraksha portal with detailed information on the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima...
Govt appoints IDBI Capital, and Motilal Oswal for LIC’s OFS
The OFS , which could be between 2.5% and 3% of government's equity in LIC, could mobilise between Rs14,000 crore and Rs 17,000 crore New Delhi: The government is firming up further stake sale of between 2.5% and 3% of its equity in Life Insurance Corporation (LIC)...
HDFC Life ties up with Northern Arc Capital
HDFC Life and Northern Arc Capital have come together to forge a strategic partnership that would enable latter to offer individual as well as group life insurance solutions of HDFC Life to its customers . The synergy between Northern Arc's grassroots penetration and...
81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report
"The digital platforms play a key role throughout the decision-making journey for specific products, including loans (86 per cent), investments (84 per cent), insurance (78 per cent), and savings (82 per cent), the report stated." said Shweta Bajpai, Director...
LIC’s net profit rises 5% to Rs 10,987 crore in Q1FY26, pauses on Health Insurance foray till new Insurance Bill
R Doraiswamy, CEO & MD, Life Insurance Corporation ``We will wait for the proposed Insurance Bill and depending upon new changes in the Bill , our board and shareholders will take a call whether to enter into Health Insurance Business and how to do it. The Health...
SBI Life’s corporate agency partnership with AU Small Finance Bank
SBI Life Insurance has entered a strategic corporate agency partnership with AU Small Finance Bank, the country’s largest Small Finance Bank. With this alliance, AU SFB will distribute SBI Life’s comprehensive portfolio of life insurance solutions, including...
Policybazaar fined Rs5 crore by IRDAI, 11 charges of regulatory lapses against the intermediary
``IRDAI in exercise of the powers under Section 102 of the Insurance Act, 1938, has imposed a penalty of Rs. Five Crore on M/s Policybazaar Web Aggregator Pvt. Ltd. (Now known as "M/s Policybazaar Insurance Brokers Pvt. Ltd.") along with direction, advisory and...