``The net outgo for individual consumers has been reduced for...
Category:
Life
Latest
Domestic investors buy record Rs 5.3 lakh crore worth equities in 2025 to date, Insurers and pension funds add more than Rs 1 lakh crore
Foreign institutional investors (FIIs) remained net sellers,...
‘GST bachat utsav’: Taxes on wide range of goods, services to be reduced starting Monday
Underlining that the mantra of ‘Nagarik Devobhava’ is clearly...
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...
LIC launches specialised product for child education
Siddharth Mohanty(L), Chairman, LIC, Vivek Joshi(R), Secretary, Department of Financial Services, at the launching ceremony of LIC's Amritbaal The plan is specifically designed to have an adequate corpus to meet the higher education and other needs of a child Mumbai:...
Subramanian Swamy moves Delhi HC seeking probe against Axis Bank-Max Life share deal
Subramanian Swamy In his petition, Swamy has alleged Axis Bank made undue profits totalling Rs 4,000 crore from the sale and purchase of equity shares of Max Life in a non-transparent manner and in violation of the applicable regulations. New Delhi: BJP leader...
IRDAI proposes to increase free look period to 30 days for policyholders
No policy in case of life insurance shall be issued unless nomination is obtained, Nomination provisions relating to general, wherever applicable and health insurance policies introduced, Insurance policies meeting the defined criteria to be issued in Electronic form,...
IRDAI unveils regulations for Bima Sugam, services will be free for customers
Bima Sugm will officially called as Rashtriya Bima Sugam Nigam Ltd and the shareholding of the company will be widely held amongst Life insurers, General Insurers and health insurers. Starting with a capital of Rs 200 crore, the shareholders, as and when required,...
Underwrite disruptions to improve market penetration: IRDAI chief to insurers
Debasish Panda,chairman, IRDAI "There is a need to come out of the traditional and conventional roles and embrace dynamism and agility and also there is a need to see the sector from a different lens," IRDAI's chief Debasish Panda said, acknowledging the role of...
The Agent Advantage: Fulfilling Financial Goals
Sameer Joshi, Chief Agency Officer, Bajaj Allianz Life Insurance In this digital age, where information is at our fingertips, why should one buy life insurance from agents? As we embark on a new year filled with promises, resolutions, and aspirations, we often have a...