HDFC Life Insurance Co is in talks with the Insurance Regulatory and Development Authority of India (IRDAI) to allow life insurance companies to sell other regulated financial products, Deepak Parekh,…
The government raised the premium for its flagship insurance schemes -- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) in order to make them…
Canara HSBC Life Insurance, which is riding strong on its bancassurance model, wants to plumb deep into the large customer base of its promoter shareholder Canara Bank and is looking…
The sharp correction in the share prices of LIC post its discounted listing on May 17 has dealt a major blow to its investors as the market capitalisation of the…
LIC said the exercise to determine the Indian Embedded Value (IEV) as of March 31, 2022, will take some more time to complete. It expects the completion before July 15.…
Life Insurance Corporation of India’s maiden dividend failed to enthuse its investors, but the insurer highlighted that it needs capital for growing the business and maintaining solvency margin. The board…
LIC has made a record profit of Rs 42,000 crore from equity sales in FY 2021-22, higher by 16.66 per cent from Rs 36,000 crore in the year ago period.…
Life Insurance Corporation of India said its consolidated net profits for the quarter ended March stood at Rs 2,409.39 crore, down 17.41 per cent compared to Rs 2,917.33 crore in…
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…