“The regret is that we should have found it ourselves, which we...
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Life
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Allianz to acquire HSBC’s Singapore insurer in $2.1 billion deal
“Singapore serves as our Asia-Pacific headquarters and is central...
SBI Life posts higher quarterly profit, expects margins to improve
"We have definitely seen the margin bottoming out," SBI Life MD and...
InsuranceDekho taps banks for $400 million India IPO
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp and BNP Paribas Cardif, could launch this year or early 2027, with a target to raise as much as $400 million, the people said, asking not to be identified because the information is private. Indian...
Generali Central Life Insurance launches Sunehra Pension Plan
Generali Central Life Insurance (GCLICL), has launched the Sunehra Pension Plan. It is a participating (PAR), on-linked, pension, savings-oriented life insurance plan aimed at helping policyholders build a retirement corpus for their future financial security. By...
DFS moves to improve complaint resolution, Enhances trust in banks and insurers
The Insurance Division of DFS secured second position in the Group A category of the Grievance Redressal Assessment and Index (GRAI) for May 2026. The Banking Division ranked sixth in the same category. New Delhi: The Department of Financial Services (DFS) is...
Aviva buys out Dabur’s 26%, takes full control of its Indian life JV
The acquisition follows recent regulatory foreign direct investment ("FDI") changes in India, which now allow foreign insurers to increase their shareholdings in local insurance companies to 100% This is the second deal in the Indian insurance sector in a week when a...
AI investment to cushion global insurance slowdown amid geopolitical turmoil: Swiss Re
Jérôme Haegeli, Swiss Re's Group Chief Economist, said,"The latest Middle East conflict is not a one-off shock but another sign that geopolitical risk has become a structural feature of the global economy with four supply shocks in six years. As economies invest in AI...
AI’s biggest challenge is restoring trust in Indian insurance industry: PwC
L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC's new...
LIC highlights stronger profitability, market leadership in investor presentation
Outlining its future priorities, the corporation said its strategy would focus on increasing the share of non-participating products, strengthening profitability, expanding bancassurance and alternate distribution channels, accelerating digital transformation, and...
Amit Shah announces new cooperative life insurance firm, ‘Bharat Taxi’ expansion to 500 cities
"We will be setting up a life insurance company in the cooperative sector. This will help in the growth of cooperatives in the insurance sector."Union Minister Amit Shah New Delhi:Union Minister Amit Shah on Monday said a cooperative life insurance company will be set...
ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
As per the current law, an entity cannot be a promoter in two insurance ventures. As a result, Prudential has to reduce its shareholding in ICICI Pru Life to under 10 per cent from around 22 per cent at present. Mumbai:The decision with regard to re-classification...
AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy
Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...