Kotak Life Insurance Company has charged Hemant Kolhe, one of its fixed income dealers, with fraudulent transactions that benefited him and a few companies but led to losses for the…
"It is too early for the largest domestic life insurance company to go public," says MR Kumar, LIC Chairman. Kumar further said that while the economy is seeing a slowdown,…
The IRDAI has recently updated the restrictions placed on advertising of insurance policies and the advertising rules that insurers have to follow to safeguard consumer interests. The rules are as…
Edelweiss General Insurance has recently appointed Shanai Ghosh as Executive Director & Chief Executive Officer (CEO). Shanai has been with Edelweiss General Insurance for two years, spearheading Strategy, Marketing and…
Following the successful launch of its unique ‘InsurTech’ accelerator programme ‘Max Life Innovation Labs’, Max Life Insurance Co. Ltd (“Max Life”/ “Company”) is now expanding the programme scope to include distinct…
Reinsurer Munich Re looks for data analytics and artificial intelligence as key tools to open up new possibilities for managing and covering risk, and for supporting insurers across the entire…
Bajaj Allianz Life Insurance has recently launched i-SERV, a first-of-its-kind video calling service within the life insurance industry. The insurer has designed i-SERV in order to enhance the customer experience…
Agritask’s agronomic management software platform serves farmers and other stakeholders in the ecosystem, covering 20 countries worldwide and more than 50 crop types Agritask will use the proceeds to enhance…
Religare Health Insurance and PNB MetLife India Insurance Co. Ltd. have partnered in order to offer a product that would cover health, death and illness, said a top official. “We…
As many as 16 persons have been arrested for their involvement in LIC fraud case. Police arrested kingpin Kapil Kanav in the fraud case that came to light in August…