Ajay Seth, Chairman-designate, IRDAI Seth, a 1987-batch Indian...
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Angel one forms Rs 400 crore life insurance JV with Singapore’s Livwell
Wilf Blackburn, ex-regional CEO of Prudential Asia, is proposed to...
Shriram Life Insurance signs bancassurance deal with ESAF Small Finance Bank
Shriram Life Insurance Company (SLIC) has partnered with ESAF Small...
Singapore faces shrinking population, total fertility rate falls below 1 per cent for first time, says Minister
Singapore is confronted with the "twin demographic challenges of a persistently low fertility rate and an ageing population", the daily quoted the minister as saying Singapore:Singapore, facing a dwindling population and a manpower shortage, has seen its resident...
Hinduja Group to delist Reliance Capital from bourses, shares to be extinguished
“The liquidation value of the equity shareholder of RCL (Reliance Capital) is nil and hence, equity shareholders will not be entitled to receive any payment and no offer will be made to any shareholder of RCL,” according to an exchange filing by RCL Mumbai: Hinduja...
NCLT approves Hinduja Group firm IndusInd International Holdings’ resolution plan for Reliance Capital
However, no final decision on the matter can be taken by the lenders of RCL now as the Supreme Court's stand on the Torrent Investment's plea against the second round of auction held by the lenders of RCL is still pending with the apex court Mumbai: The National...
Aegon Life acquired by Bandhan Financial Holdings
Karni Singh Arha, managing director, BFHL, said, “ Given Bandhan’s focus of making formal financial services available to masses, this acquisition further enhances that endeavour Mumbai: Aegon Life, a digital life insurance company, today announced the transfer of the...
IFRS 17: Successful Strategies
It is important to note that IFRS 17 or Ind AS 117 do not alter the fundamentals of business. Good underwriting, expense efficiencies, good risk management and customer satisfaction will remain the core of business. The expected aim of the standard is to bring in more...
SBI Life Insurance launches 24×7 Helpline for NRIs
SBI Life Insurance launched an exclusive 24x7 Inbound Helpline for Non-Resident Indians (NRIs) to provide global accessibility of after sale services. Customers residing anywhere outside India can leverage this premium service* by dialing the dedicated helpline...
Govt shortlists 4 candidates for selecting IRDAI’s Member, Distribution
Out of many applicants, who had applied for the job, the Ministry of Finance, has shortlisted the names of Satyajit Tripathy, CMD, United India Insurance, Randip Singh Jagpal, executive director, IRDAI, LK Shyamsunder, zonal manager, South Central Zone, Life Insurance...
Former LIC chairman MR Kumar appointed as non- executive chairman of Bank of India
The government, on Wednesday, has appointed MR Kumar, former chairman of Life Insurance Corporation(LIC), as a part-time non-official director as well as non- executive chairman of Bank of India for a term of three years. Kumar had completed his term as the LIC...
Overseas Indian students can now avail US Dollar health plan from HDFC Life International
HDFC Life International, based in GIFT IFSC, has launched a comprehensive US Dollar Student Health Insurance Plan, under the plan name ‘Global Student Health Care’. The plan is designed for students who are presently pursuing higher education abroad. It offers...
Bajaj Allianz Life, Satin Creditcare and Coverfox collaborate to boost rural financial inclusion
Bajaj Allianz Life, and Satin Creditcare Network , a non-banking finance company - Micro Finance Institution (NBFC - MFI), announced their strategic partnership with insurance broker Coverfox, to improve financial inclusion in rural India. Now customers of Satin...