Star Health & Allied Insurance, India’s first stand-alone health insurance company, has formally started off a sale process with a price tag of $900 million to $1 billion. Kotak Mahindra…
HDFC Life Insurance Company has received approval of SEBI to go ahead to raise an estimated Rs. 7,500 crore through an initial public offering. HDFC Life had filed draft papers…
Anyone betting on India's growing insurance market would be a fool not to go a step ahead and bet on the reinsurance pie as well. That and the promise of…
Reliance Capital's standalone health insurance company is expected to be launched early next year, said Anmol Ambani, Executive Director. "Traditionally, heath insurance was part of our general insurance set-up. But…
Commercial Insurance cover will become more broad-based and simpler, due to the proposed changes in the policy wordings. The General Insurance Council, a representative body of general insurers, health insurers…
The non-life insurance industry evolved into tariff free regime since 2007 exposing its players to intense market competition. According to Insurance Regulatory and Development Authority (IRDA), detariffing would compel the…
Equity at LIC Mutual Fund, says that while valuations in the IT and pharma sectors are quite attractive, one should look at individual businesses separately. Macro indicators are clearly turning…
Max Life Insurance is reportedly in discussion with Aditya Birla Group on the prospect of merging with Birla Sun Life. If the deal goes through the combined entity will become…
The State Bank of India (SBI) has started the process for selling some of its investments which are not critical to its core business in an attempt to shore up…
State-owned Life Insurance Corporation (LIC) has reduced its stake in textile and apparel major Raymond by 2.01%, selling 12.37 lakh shares in the open market. Raymond promoters Vijaypat Singhania and…