In a move that reinforces its purpose-driven brand narrative,...
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Prudential’s CEO Anil Wadhwani meets Sitharaman, remains bullish on India
Union Minister for Finance and Corporate Affairs, Nirmala...
“IndiaFirst Life is progressively becoming a multi-channel distribution player in the industry.”
Varun Gupta, President & Chief Distribution Officer (CDO) –...
LIC secures 107th position in Fortune Global 500 list
Life Insurance Corporation(LIC) is celebrating its 67th anniversary on Friday. With 13.47 lakh agents, LIC has taken many customer-centric initiatives and digital initiatives besides improving pricing and creating operational efficiencies Mumbai: With total 27.74...
IRDAI allows modifications in some closed life products
The move will help the life insurers to provide enhanced flexibility while ensuring that policyholders benefits are not adversely impacted, the life insurers had told the IRDAI Hyderabad: The IRDAI has now allowed the life insurers to modify some of their products...
NCLT reserves order on Torrent Investent’s plea against lenders on bidding
In its appeal, Torrent Investment said the matter is pending with the Supreme Court and if the tribunal approves IIHL's Rs 9,650 crore resolution plan it will become infructuous if the apex court rules against the Committee of Creditors (CoC) decision on the extended...
Mukesh Ambani in talks with head hunters for spotting Jio Insurance CEOs
Mukesh Ambani,Chairman,Reliance Industries Limited Korn Ferry and Spencer Stuart Inc. are among the firms that have held talks with representatives from the petrochemicals-to-consumer conglomerate, the people said. Jio Financial will look to hire a chief executives...
Insurance, JioAirFiber, CBG plants make Reliance’s roadmap for growth: Ambani
Reliance Industries Ltd will continue to invest in clean energy projects, including 100 plants to convert agri-residue -- a source of pollution in the north during winter -- into gas that can fuel automobiles and generate power. All this to offset emissions from its...
Uncertainty looms over Reliance Nippon Life Insurance JV as RCAP Resolution Plan to come up for NCLT approval on Wed
According to a banker involved in the process, as the resolution plan states that all existing shareholders agreement will be nullified, there is a question mark on the fate of RCAP's life insurance joint venture with Nippon Life of Japan Mumbai: The resolution of...
Jio Financial Services to enter insurance sector soon, confirms Mukesh Ambani
`JFS will enter the insurance segment to offer simple, yet smart, Life, General, and Health insurance products through a seamless digital interface, potentially partnering with global players. It will use predictive data analytics to co-create contextual products with...
LIC ties up with Saraswat Cooperative Bank
Life Insurance Corporation(LIC) has tied-up with Saraswat Cooperative Bank, a scheduled bank headquartered at Mumbai, to distribute its products. The bank has a vast network of 294 branches spread over six states and is catering to over 2 million customers. It has...
India Retirement Index: Urban India sees a significant upward movement
Prashant Tripathy, managing director & CEO, Max Life said, “This edition shows progress in India’s retirement preparedness, which also signals the country’s stronger economic resilience. Today's working population will be tomorrow's large, retired population. And...
SBI Life launches a 24X7 contact centre
SBI Life Insurance launched its dedicated 24X7 inbound contact centre to address before and after purchase queries related to comprehensive insurance solutions provided by the company. The toll-free number is 18002679090.