Bajaj Allianz launches flexible My Health Care Plan
Bajaj Allianz launches flexible My Health Care Plan Bajaj Allianz General Insurance announced the launch of its modular health insurance product ‘My Health Care Plan’. My Health Care Plan is…
Aegon Life Insurance Launches Term Plan For Self-Employed
Aegon Life Insurance Launches Term Plan For Self-Employed Aegon Life Insurance has launched a new term plan named ‘iTerm Prime Insurance plan’ for the self-employed sector. The minimum sum assured…
Canara HSBC Life Insurance Launches Wealth Edge Ulip
Canara HSBC Life Insurance Launches Wealth Edge Ulip Canara HSBC Life Insurance launched a new unit-linked insurance plan (Ulip) with savings option. Named Wealth Edge, the product offers three different plans depending…
LIC introduces Jeevan Azad
LIC introduces Jeevan Azad LIC has introduced a new plan LIC’s Jeevan Azad. This is a non-participating, individual, savings life insurance plan which offers a combination of protection and savings.…
New India Assurance (NIA) Launches ‘Pay As You Drive’ Vehicle Insurance Policy
New India Assurance (NIA) Launches ‘Pay As You Drive’ Vehicle Insurance Policy New India Assurance (NIA) launched its “Pay as You Drive” (PAYD) policy, dubbed as “revolutionary” with features like…
Insurer liable to reimburse genuine cash payments
Sodhi Brothers, originally a limited liability partnership (LLP), was allotted a hydroelectric project by the Himachal Pradesh State Electricity Board (HPSEB) under an agreement executed on April 11, 2007. The…
Composite licence may boost M&As of life, non-life insurers
Allowing insurance companies to have a composite licence could trigger a round of consolidation, according to a senior analyst at Moody’s Investor Service. Both the insurance regulator and the finance…
Kotak General Insurance ties up with Clootrack to boost customer experience
Kotak Mahindra General Insurance Company Limited has announced that it has partnered with Clootrack, a Kochi-based start-up for customer experience analytics. Clootrack’s AI-driven comprehensive intelligent customer experience analytics platform offers…
Sarnara Cap leads race for Birla’s insurance broking firm
Amazon.com Inc.’s Indian private equity partner Samara Capital has emerged as the frontrunner to buy the insurance broking unit of Aditya Birla Capital Ltd, according to sources. “Over the past…
IRDAI approval to United India on bonds may set a precedent
The insurance regulator’s approval to United India Insurance Co. to exercise the call option on its bonds despite not meeting the minimum solvency ratio will set a precedent for similar…