INSURANCE - Top News

Mumbai, Navi Mumbai and Thane Power Cut Oct 12, 2020: Why Maximum City seldom faces power cuts and what went wrong?

Mumbai, Navi Mumbai and Thane Power Cut Oct 12, 2020: Why Maximum City seldom faces power cuts and what went wrong?

On Monday, as Mumbai and its suburbs faced a major power outage, many wondered why Maximum City seldom faced power outages while the rest...Read More

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

Regulator IRDAI has identified LIC, GIC and New India Assurance as domestic systemically important insurers (D-SIIs) and subsequently de...Read More

Allowing insurers to issue policies electronically; e-policies to be new norm in future: IRDAI

Allowing insurers to issue policies electronically; e-policies to be new norm in future: IRDAI

The insurance sector regulator has allowed general and health insurers to issue policies in electronic form and this e-policy will become...Read More

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COVID-19 impact: Retail insurance dips, group business on the rise

The COVID-19 pandemic has brought about a big shift in the insurance preference for customers. While the pandemic has made corporates tak...Read More

IDBI Bank to sell 27% stake in IDBI Federal Life Insurance

IDBI Bank to sell 27% stake in IDBI Federal Life Insurance

IDBI Bank on Thursday said that it has entered into a share purchase agreement to sell up to 27 per cent stake in its joint venture insur...Read More

ICICI Lombard in talks to acquire Bharti AXA General Insurance

ICICI Lombard in talks to acquire Bharti AXA General Insurance

ICICI Lombard General Insurance has initiated talks to acquire Bharti Enterprises backed Bharti AXA General Insurance in all stock transa...Read More

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Paytm to acquire Raheja QBE General Insurance

Financial technology platform, Paytm is set to acquire Mumbai-based private sector general insurer, Raheja QBE. However, the company will...Read More

IDBI to raise Rs 595 crore by stake sale in IDBI Federal Life Insurance

IDBI to raise Rs 595 crore by stake sale in IDBI Federal Life Insurance

The board of directors at IDBI Bank has allowed the bank to sell stakes of IDBI Federal Life Insurance Company Limited (IFLI) worth Rs 59...Read More

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