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INSURANCE SECTOR
Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...27 Jul, 2026, 05.30 AM IST- IRDAI chairman wants affordable insurance for allIRDAI chairman Ajay Seth defined 'Insurance for All' as available, accessible, and affordable products. He stressed the need for full trans...25 Jul, 2026, 11.46 PM IST
- India to roll out common customer ID for banks, insurers; mutual funds to follow, sources sayStarting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...24 Jul, 2026, 12.46 PM IST
- Regulator warns insurers against deep discounts on fire risk coverThe insurance regulator has flagged aggressive underpricing in fire insurance, with discounts of up to 99% on large industrial risks, warni...24 Jul, 2026, 01.23 AM IST
- Global Market: BNP Paribas Q2 profit jumps 33% on strong trading, retail rebound; beats estimatesBNP Paribas reported a better-than-expected 33% rise in second-quarter net profit to €4.35 billion, driven by strong equity trading, a reco...23 Jul, 2026, 12.28 PM IST
- BlackRock, Prashant Jain-backed 3P India among others invest in Indo MIM IPO anchor book of Rs 1,141 croreIndo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing participation from global institutions in...23 Jul, 2026, 11.50 AM IST
- Karnataka attracts $13 billion in FDI as tech, GCC investments surgeKarnataka's foreign direct investment nearly doubled to thirteen billion dollars last financial year. Tech investors and global capability ...22 Jul, 2026, 03.24 PM IST
- These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in t...22 Jul, 2026, 10.53 AM IST
- Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for IndiaA US think tank proposed thirty reforms to boost India's economic growth. These suggestions include a ten-year plan for privatizing all CPS...21 Jul, 2026, 09.14 PM IST
- QX Global Group appoints Vijay Pahuja as Group Chief Executive OfficerLong Ridge Equity Partners-backed finance, accounting and recruitment KPO leader appoints industry veteran Vijay Pahuja to lead its next ph...21 Jul, 2026, 05.41 PM IST
- Japan's SOMPO seeks control of Universal GeneralJapan's SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire share...21 Jul, 2026, 07.29 AM IST
- Axis Bank weighs raising stake in its insurance venture to 30%In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of ...20 Jul, 2026, 01.11 AM IST
- J&K Bank sells 0.5% stake in PNB MetLife for Rs 120 croreJammu and Kashmir Bank has sold a 0.5% stake in PNB MetLife India Insurance to MetLife International Holdings for Rs 120 crore. The transac...17 Jul, 2026, 07.12 PM IST
- Private insurers seek tweaks in unlisted investment planPrivate insurers want Irdai to change proposed investment norms for unlisted companies. They suggest linking exposure limits to shareholder...17 Jul, 2026, 12.49 AM IST
- Explained: Why ICICI Lombard shares tumbled 15% in their biggest fall since the COVID crashICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages t...16 Jul, 2026, 11.27 AM IST
- ICICI Pru Life Q1 Result: Net profit jumps 28% YoY to Rs 386 croreICICI Prudential Life Insurance reported a twenty-eight percent net profit increase. Net premium income rose to nine thousand seven hundred...15 Jul, 2026, 03.23 PM IST
- Life insurers seen posting mixed Q1 nos, health players likely to outperformLife insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong p...15 Jul, 2026, 07.20 AM IST
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