The Department for Promotion of Industry and Internal Trade (DPIIT) has notified the foreign direct investment (FDI) policy to allow 100% FDI for insurance intermediaries, including insurance brooking, insurance companies,…
Bajaj Allianz General Insurance has recently launched a new health insurance, ‘Health Infinity’, which bears the additional cost provided the policyholder bears a portion of that additional expense. Bajaj Allianz…
The non-life insurers have posted an increase of 7.2% in their collection of combined new premium collection at Rs 17,225.75 crore in the month of January of the current fiscal…
Indian cricket captain Virat Kohli and his wife Bollywood actor Anushka Sharma have made an investment in Digit Insurance, as per sources’ information. Together, they have invested Rs 2.5 crore…
101 Top Most Influential BDAI Leaders, Bancassurance Leader of the Year and Business Leader of the Year - three awards have been conferred to Shriram General Insurance President, Mr. Aftab…
HDFC Ergo General Insurance is likely to continue its merger with HDFC Group-acquired HDFC Ergo Health Insurance with itself this calendar year. “Upon the completion of the merger, HDFC ERGO…
New India Assurance (NIA) records a third-quarter profit of Rs 483 crore, which was Rs 114 crore in the previous year registering a loss. It is being assumed that that…
Three public sector general insurers - National Insurance Company, Oriental Insurance Company, and United India Insurance Company - supposed to be merged, are expecting an infusion of Rs 12,000-crore in…
At a time when cooperative banks are failing and the rumours of weak banks spread panic in the industry, the government has decided to allow insurance cover for up to…
The IRDAI has imposed fine of Rs 1 crore on ICICI Lombard General Insurance Co and Tata AIG General Insurance Co for violating various norms. ICICI Lombard has been pulled…