Chubb eyes 49% in Kotak insurance arm
US insurer Chubb is in talks to acquire a 49% stake in Kotak General Insurance and has become a more favoured suitor than Zurich Insurance Group, two people with direct…
US insurer Chubb is in talks to acquire a 49% stake in Kotak General Insurance and has become a more favoured suitor than Zurich Insurance Group, two people with direct…
General insurance companies in India witnessed an 18.3 per cent increase in premiums in July, amounting to Rs 23,259 crore. In the first four months of the current financial year,…
ICICI Lombard has received a show-cause notice from the Directorate General of GST Intelligence that has demanded Rs 273 crore in taxes. The demand relates to GST on salvage and…
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…
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…
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…
Tamilnad Mercantile Bank (TMB) has tied up with Cholamandalam MS General Insurance Company Ltd and Max Life Insurance Company to offer insurance products through the bank. This would take the…
A hit-and-run case has turned out to be a cold-blooded murder plotted by a man eyeing his wife's insurance amount of nearly Rs 2 crore. Shalu Devi (32) and her…
The Maharashtra government has asked crop insurance companies to take cognizance of complaints by farmers and warned that the State will initiate action against companies denying insurance claims to eligible…
The Indian government should reframe the crop insurance contract with farmers so that they can pay the premium at the time of harvest. This will help enroll more growers in…