Bajaj Life launched of its upgraded and enhanced customer app –...
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LIC denies Washington Post report, says made investments in Adani firms independently
The statement was in response to a report in The Washington Post...
SBI Life’s net profit falls 7% to Rs 495 crore in Q2FY26 as costs rise amid competition
Its net premium income jumped 22.6% to Rs 24,848, driven by a near...
P K Mishra calls for expanding insurance coverage across diverse sectors
PK Mishra, Prime Minister's Principal Secretary "Should the government act as a catalyst, facilitating the growth of the insurance market, or should it take a more direct role such as purchasing insurance for certain sectors? How should the government create...
NCLAT rejects tax claim against RCom filed for assessment year after initiation of insolvency
A two-member NCLAT bench upheld the earlier order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which had rejected the state tax department's second claim of Rs 6.10 crore New Delhi: The NCLAT has set aside a petition filed by the state tax...
LIC to tap NRIs and PIOs through Gift City
Siddartha Mohanty, CEO & MD,LIC Siddartha Mohanty, CEO & MD,LIC, addressed a conference of its CEO’s & Heads of foreign units from UK, Singapore, Bahrain, Kenya, Fiji, Mauritius, Nepal, Sri Lanka & Bangladesh at GIFT city, Gandhinagar on Friday Gift...
SBI General partners with BLS E-Services for selling its products
SBI General Insurance has entered into a strategic partnership with BLS E-Services to deliver essential insurance products to a broader range of customers across India. This collaboration is set to expand the insurer's footprint, particularly in rural and regional...
Srinivas Rao Ravuri joins Bajaj Allianz Life Insurance as chief investment officer
Bajaj Allianz Life Insurance has appointed Srinivas Rao Ravuri as its Chief Investment Officer (CIO) where he will lead the company’s investment team and manage the portfolio towards optimising its investment performance. Srinivas is a seasoned investment professional...
Howden forays into Japanese captive consulting and management markets with acquisition of Foresight
Takuya Aibe as CEO of Howden Japan’s retail business Foresight is headquartered in Tokyo with 17 staff across six offices and a management team that have previously held senior roles at leading Japanese insurance companies; it manages captives for 13 large Japanese...
Covid-19 continues cause excess mortality in US and UK, says Swiss Re
Report suggests potential excess mortality in the general population of up to 3% for the US by 2033 and 2.5% in the UK, the longest period of elevated peacetime excess mortality in the US. Key driver of excess mortality is the lingering impact of COVID-19; both as a...
Infosys to drive LIC’s digital transformation with NextGen platform
Siddhartha Mohanty, CEO and MD, LIC "It will not only enhance our operational capabilities but also enable us to cater to our vast customer, agent and employee base with newer, more personalised experiences. We are committed to leveraging the latest technologies that...
GST Council forms GoM to review tax rate on insurance; report by Oct 30
The Terms of Reference (ToR) of the newly formed panel also include suggesting tax rate of health/medical insurance including individual, group, family floater and other medical insurance for various categories like senior citizens, middle class, persons with mental...
DBS looks for bancassurance partnership in India and Taiwan
The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential bancassurance agreements for those markets, the people said, asking not to be identified because the deliberations are private DBS Group Holdings Ltd. is considering forming...