In the current environment when interest rates are very volatile,...
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Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a...
LIC launches a new product- Nav Jeevan Shree
Life Insurance Corporation has launched a new product Nav Jeevan...
Indian life insurance industry to launch its Rs 450 crore nationwide multimedia campaign on July 2
Swaminathan S Iyer, member, Life, IRDAI, will be in Mumbai along with other CEOs of life insurance industry to unveil the multimedia public awareness Initiative for consumer education and action that will continue for couple of years Mumbai: After the Indian general...
Insurers have to ensure premiums are reasonable and affordable: DFS secretary
M Nagaraju, Secretary, Financial Services Banks need to ensure that there is no mis-selling of insurance to customer and premium are affordable so as to help increase market penetration for such products New Delhi: Observing that high premiums dissuade people from...
Fairfax appoints Amitabh Kant as a senior advisor
Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. Go Digit, backed by Fairfax, has a general insurance company, a life insurance company and a...
HDFC Life launches East-focused campaign in West Bengal and Odisha to drive the need for financial preparedness
Consumer studies from the East indicate that lifestyle improvement is on top of the list in terms of financial goals. Individuals aspire to enjoy their life to the fullest with their families – outings, vacations, celebrating cultural events, etc. Mumbai: HDFC Life,...
Urban Indians are insured, yet financially exposed: Report
The report spotlights the underinsurance of working women. Only 19 per cent of working women have life insurance in their own name, despite contributing to household incomes.The study found that in 61 per cent of cases, policies were purchased for them, not by them,...
Gen Z embraces insurance early, warm up to Gen AI for research, finds out Policybazaar survey
The survey reveals a growing curiosity, early purchase consideration and a digital-first behaviour among India’s younger cohort - the Gen Z - with distinct patterns emerging between health and term insurance Policybazaar’s latest survey on Insurance Awareness Day...
Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman
Sitharaman visited IFSC at GIFT City in Gandhinagar on Thursday and reviewed its progress as an International Finance Services Center Sitharaman exhorted officials to work towards making GIFT IFSC more competitive and cost effective to attract HNI investments in the...
Axis Max Life’s IPQ 7.0: Persistent protection gap in rural India
-Rural India’s Protection Quotient rises to 16, up from 12 in IPQ 5.0 – but urban-rural gap stands at 32 points,-Life insurance ownership remains significantly lower, despite awareness gains,-Rural women lag rural men in all protection indices – Protection Quotient at...
LIC ranks as 4th most valuable Indian brand, ahead of Reliance Industries and SBI, says Brand Finance India report
Top 10 Indian brands post strong double-digit growth led by Tata, Infosys, LIC, HDFC Bank and Reliance Industries.LIC’s 2025 brand value stood at $ 13.6 billion up 35.1% from 2024 brand value of $ 10.07 billion, the report noted Mumbai: State owned life insurance...
SBI to deepen employees’ financial understanding; to have bi-weekly yoga sessions for all
"This strategic initiative aims to enhance the depth, quality, and consistency of financial planning provided across SBI's extensive branch and digital network. The training will cover investment planning, retirement readiness, insurance advisory, and estate planning,...