IDBI Bank has entered into a share purchase agreement with Ageas Insurance International, wherein the bank is looking to sell its remaining stake of 25 percent in private sector life…
Ageas stake increase will end uncertainty around company, increase domain knowledge, expertise Ageas Federal Life Insurance is hoping to increase its distribution footprint this fiscal with partnerships and tie-ups with…
HDFC Life's net profit increased 13% to 358 crore in the quarter ended March 2022 from 318 crore a year ago, led by higher premium income and business margins even…
PolicyBazaar, has elevated cofounder and chief financial officer (CFO) Alok Bansal to executive vice chairman and has invested further in its insurance broking arm, it said in a stock exchange…
HDFC Life recently signed up for the UN-supported Principles for Responsible Investment (PRI), epitomising its objective of sustainable growth and long term value creation. HDFC Life is committed to following…
Life insurance companies have so far received 2,18,084 COVID claims amounting to Rs 16921.70 crores, according to data provided to Business by Life Insurance Council. Insurers say the death claims…
New business premiums (NBP) of life insurance companies jumped 84 percent year-on-year (YoY) in April, propped up by 141 percent increase in initial public offering-bound insurance behemoth Life Insurance Corporation…
Motor Insurance is one of the prime portfolio in General Insurance Industry. The number of vehicles on the road is increasing rapidly with urbanisation and growth in economy. Any vehicle hitting…
A healthcare worker who contracted Omicron after two bouts of Covid and a round of vaccination may be India's first case of reinfection despite natural- and vaccine-induced protection, investigators from…
Health insurance premium is set to rise this fiscal on the back of rising medical costs and high Covid-19 claims. While a number of insurers have already announced hikes in…