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Life insurance coverage in percentage terms in India has slipped to the level it was 15 years ago to about half the global average, according to a recent Swiss Re…
United India Insurance Company (UIIC) plans a big digital push this year as it aims to more-than-double its profit to about Rs. 500 crore from Rs. 221 crore in 2014-15.…
Lloyd's of London chairman John Nelson has said the 325-year old insurance giant can help support the expansion of insurance penetration in India and limit the economic impacts of catastrophes…
Oriental Insurance has for the first time tied up with a private online insurance broker 'Coverfox' to sell its comprehensive motor insurance product for both four and two wheelers and…
Insurance companies are enthusiastic about the proposed guidelines on selling and servicing of policies through e-commerce platform that aims to do away completely with any kind of physical intervention. The…
Exide Life Insurance has announced India cricket team captain Mahendra Singh Dhoni as its brand ambassador. Dhoni, who represents the aspirations of millions, has a strong mass appeal and following…
Close on the heels of mutual funds (MFs) disclosing remuneration of its top executives following a directive from SEBI, insurance companies have also been asked to provide information on executive…
Mergers and Acquisitions (M&A) activity is broadly driven by larger economic themes as companies reconfigure their strategic initiatives to match macro events and adjust to externalities that change the dynamics…
Revised initial public offering (IPO) guidelines will be issued soon for insurers as some of them are keen to use this route to raise funds, the Insurance Regulatory and Development…