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Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
Ageas Federal launches multi-currency life insurance plan at GIFT CityAgeas Federal Life Insurance has launched its first GIFT City product, a multi-currency ULIP that lets customers invest in US dollars, euro...
Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
GST reforms 2026: Employers get ITC on employee health, life insurance premiumsThe GST Council has recommended allowing employers to claim input tax credit on GST paid for health and life insurance policies taken for e...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
AI can decode your insurance policy, but can it predict your claim? Know the limitsNavigating health and life insurance policies can be daunting due to complex jargon and lengthy documents. AI can simplify understanding by...
Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General AtlanticCommerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the co...
Insurance misselling misunderstood: The regulator’s proposal is tantamount to addressing the symptom, while ignoring the causeIn FY25, the Indian insurance sector experienced significant premium growth while maintaining flat penetration rates. However, complaints r...
Trump’s $500 Obamacare refund checks are going out: Who qualifies, which 30 states are included and how the payments workEligible individuals who bought 2026 coverage via HealthCare.gov but did not receive premium tax credits may get a $500 payment. More than ...
Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remainRules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behavio...
Bajaj Finserv to rope in ex-GIC re chief for reinsurance ventureBajaj Finserv is preparing to enter the reinsurance sector with the appointment of N Ramaswamy Narayanan. The former chairman of GIC Re bri...
Karnataka gig workers seek implementation of welfare schemesIn a letter to the board’s chief executive officer, Indian Federation of App-based Transport Workers (IFAT) and Karnataka App-based Workers...
Employers may soon be able to claim ITC on GST paid for employee insurance coverThe GST Council is gearing up to consider a proposal regarding input tax credit for employee insurance premiums. Currently, businesses cann...
ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO as Anup Bagchi joins HDFC BankICICI Life Insurance Company on Friday appointed Sidharatha Mishra as managing director and CEO, effective October 14. The appointment come...
What will happen to policyholders if a life insurer fails? BJP MP urges PM Modi to create a safety netIn a recent appeal, BJP Rajya Sabha MP Ajeet Madhavrao Gopchade urged Prime Minister Narendra Modi to implement a robust protective system ...
Trump Affordable Care Act refund: Why nearly 1 million Americans in 30 states are getting $500 checks—and who qualifiesTrump ACA $500 refund checks: Nearly a million Americans are finding unexpected government checks in their mailboxes this week. Starting Se...
Trump $500 Obamacare refund: Nearly 1 million Americans in these states to get checks; who qualifies, when?The Trump administration has begun sending $500 Obamacare refund checksto nearly 1 million Americans across 30 states in October 2026. The ...
Insurance penetration stays low as operating costs rise faster than premiums: McKinseyIndia's insurance penetration is at 3.7 per cent of GDP, which is below the global average. While life insurance premiums grew, the number ...
Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distributi...