L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan,...
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LIC highlights stronger profitability, market leadership in investor presentation
Outlining its future priorities, the corporation said its strategy...
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...
Data standardisation key prerequisite for insures to effectively leverage AI:Accord study
While AI is accelerating the industry's ambitions, digital maturity is what determines whether those ambitions translate into durable advantage Study shows a widening gap between digital leaders and laggards because of how effectively they convert digital...
DFS secretary reviews vision strategy of LIC and GIC Re
M.Nagaraju, Secretary, DFS Nagaraju underscored the need to expand insurance coverage to a wider segment of the population,advising that companies should prioritise inclusion of more individuals under the ambit of insurance rather than concentrating predominantly on...
RBI and IRDAI not inclined to allow commodity derivatives, Sebi says
Tuhin Kanta Pandey,Chairman,SEBI In his statement on Monday, SEBI Chairman Tuhin Kanta Pandey added that India's pension fund regulator had also looked at allowing pension funds to invest in commodity derivatives, but did not disclose whether it had made a...
Finance Ministry notifies 100 pc FDI in insurance sector, amends FEMA Rules
While 100 per cent foreign investment will be allowed in insurance companies and intermediaries, including brokers, under the automatic route, the cap is 20 per cent for Life Insurance Corporation (LIC), said the Foreign Exchange Management (Non-debt Instruments)...
Temasek, LIC, Canadian pension fund in line-up to sell stakes in India’s NSE IPO
Major state-owned insurers with significant stakes in the NSE as of March 2025 include Life Insurance Corporation of India (LIC) with 10.72%, and public sector general insurers like GIC, New India Assurance, National Insurance, and Oriental Insurance, each holding...
Aditya Gupta joins as Secy General of LI Council
Aditya Gupta,secretary general, Life Insurance Council LI Council is a forum that connects the various stakeholders of the sector and function as an active forum to aid, advise and assist insurers in maintaining high standards of conduct and service to policyholders....
SBI Life net profit falls marginally to Rs 804.64 crore in Q426
Amit Jhingran, Managing Director and Chief Executive Officer, said the life insurance industry witnessed improved momentum during FY26, supported by recent regulatory measures and a shift in customer preference towards protection-oriented products. He added that the...
RBI approves Debasish Panda as Bandhan Bank’s part-time chairman
Debasish Panda, part-time chairman, Bandhan Bank The Reserve Bank of India has granted its prior approval for the appointment of Debasish Panda, former chairman of IRDAI as part-time chairman (PTC) of Bandhan Bank, for a period of three years with effect from the date...
HDFC Life Insurance approves extension of Vibha Padalkar as MD & CEO for 5 years
Vibha Padalkar,Managing Director & Chief Executive Officer Mumbai:HDFC Life Insurance on Tuesday said the company has approved the extension of Vibha Padalkar as the Managing Director & Chief Executive Officer for a period of five years. The extension is based...
HDFC Life’s net profit grows 4% to Rs496 crore in Q4FY26, receives Rs 1,000 crore from HDFC Bank
"Looking ahead, we expect a gradual shift in the product mix as customers rebalance toward long-term savings and protection in an environment of greater uncertainty," HDFC Life MD and CEO Vibha Padalkar Mumbai:HDFC Life Insurance posted a fall in quarterly new...