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Here is a masonry blog layout with no sidebarAditya Birla Capital becomes a corporate agent
After selling its insurance broking unit, Aditya Birla Capital Limited has announced that it has secured approval from the IRDAI to operate as a Corporate Agent (Composite). The license, granted on April 21, 2025, allows the company to solicit Life, General, and...
IRDAI approves Niva Bupa’s Krishnan Ramachandran 5-yr extension as CEO
Niva Bupa Health Insurance has received regulatory approval from the IRDAI for the re-appointment of Krishnan Ramachandran as CEO and MD. The re-appointment is effective for a five-year term from May 1, 2025, to April 30, 2030.
Trump’s new tariff could shave off 0.5% points of India’s GDP: Finance Secy
"Second order (effects) would be important," said Finance Secretary Ajay Seth, referring to concerns that trade turmoil would slow global growth The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage...
Life insurers record marginal 5% rise in new premium collection in FY25, no of policies sold fell 7%
LIC's total new business premium rose just two per cent Rs 2.26 lakh crore in for FY25, which included Rs 62,404.58 crore from individual new business New Delhi: Led by state owned Life Insurance Corporation(LIC), domestic life insurers recorded a marginal 5.1 per...
SBI Gen’s net profit more than doubled to Rs 509 crore in FY 25
Naveen Chandra Jha, MD & CEO, SBI General Insurance Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “We have been consistently growing faster than the market. In FY25, our GWP grew by 11.1 per cent, 70 per cent faster than the industry growth of...
SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results for FY25, marking a milestone as the companycompletes 15 years of operations. Continuing its robust growth trajectory, the company reported a Gross Written...
Swiss insurers Helvetia and Baloise to merge to create top 10 company
The new group, to be called Helvetia Baloise Holding, will become one of the ten largest insurers in Europe, under what the two companies called a “merger of equals” with an even spread of senior executives and board members Helvetia and Baloise plan to merge to...
Japanese insurer MS&AD plans to invest $5 billion to double U.S. profits
The Tokyo-based casualty insurer has the highest market share in Asia among global firms, but it’s No. 3 among Japanese peers in North America, “so the challenge is how to become the top player there,” said Shinichiro Funabiki,CEO, MS&AD Insurance Group Holdings...
India stays world’s fastest growing economy at over 6 pc growth despite tariff woes :IMF
Gita Gopinath, chief economist, IMF IMF's outlook report pegs the Indian economy to grow at 6.2 per cent in 2025 and 6.3 per cent in 2026, which is over 2 percentage points above second-ranked China’s economic growth forecast at 4 per cent for 2025 and 4.6 per cent in...
NPS subscriber enrolment surges to 12 Lakh in FY25
The Assets Under Management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 per cent during 2024-25 to Rs 14.43 lakh crore by end-March 2025, it said New Delhi: The National Pension System (NPS) has achieved significant growth with private sector...
Willis appoints Aon’s Anant Pawar as Aviation & Space Leader for India
Anant Pawar, Aviation & Space Leader, Willis,India Willis handles Indigo's re/insurance accounts. It is the largest airline in India by passengers carried and fleet size, with a 63.6 per cent domestic market share Mumbai: Willis, a business of WTW has appointed...
Gold touches Rs 1 lakh per 10 grams for 1st time
This demand has been driven by rising geopolitical tensions and ongoing global economic uncertainties. His recent comments and decisions, including imposing tariffs on Chinese goods and questioning the Fed’s policies, have added to market volatility New Delhi: Gold...
Chubb appoints Janene Blizzard as Head of Accident & Health for Asia Pacific
Based in Singapore, Blizzard will report to Marcos Gunn, Regional President, Asia Pacific, with a matrix reporting line to Daniela Hernandez, Division President for International A&H, Overseas General Insurance Singapore: Chubb announced today the appointment of...
Swiss Re appoints Bernhard Kaufmann Group CRO as Patrick Raaflaub retires
Prior to this role, Bernhard Kaufmann was Chief Risk Officer at NN Group and held various senior leadership roles at Munich Re Group, most recently as Group Chief Risk Officer Zurich: Bernhard Kaufmann has held Chief Risk Officer positions in the re/insurance industry...
Trump tariff worries spur record overseas demand for JGBs
Overseas investors scooped up some 2.18 trillion yen ($15.49 billion) of JGBs with maturities of more than 10 years in March, figures released by the Japan Securities Dealers Association showed on Monday, the largest amount since the data series started in April 2004...
Asian scam operations are spreading across the rest of the world, UN researchers warn
UNODC estimates that hundreds of industrial-scale scam centers generate just under $40 billion in annual profits BANGKOK: Transnational organized crime groups in East and Southeast Asia are spreading their lucrative scam operations across the globe in response to...
Telecom user base rises marginally to Rs 119 cr
"The number of total telephone subscribers in India increased from 1,189.92 million at the end of December 2024 to 1,192.03 million at the end of January 2025, thereby showing a monthly growth rate of 0.18 per cent," the report said New Delhi: Telecom user base in the...
EPFO adds 16.10 lakh net members in Feb
A noticeable aspect of the data is the dominance of the 18-25 age group, which accounted for 4.27 lakh new subscribers in February 2025. This segment constituted a significant 57.71 per cent of the total new subscribers added during the month New Delhi: Retirement...