Jio Financial Services and Allianz Group are partnering to launch a new insurance venture in India. This 50:50 joint venture will offer gen...

America's NATO allies will not join President Trump's plan to blockade the Strait of Hormuz. Britain and France stated they will not partic...

Winners include Bank of Baroda, Union Bank of India, Bank of Maharashtra, South Indian Bank, Standard Chartered Bank, City Union Bank, Karu...

Through the alliance, SBI General will offer a range of general insurance solutions and innovative products to IOB customers, SBI General s...

Large PE funds including Carlyle, Goldman Sachs and Apax had shown interest in buying the company.

This year, the company has expanded into the commercial lines of business, including fire and burglary.

The UK-based RSA Insurance Group said it has completed the sale of its 26 per cent stake in Royal Sundaram Alliance Insurance Company to Su...

RSA said it expected to receive 46 million pounds ($71 million) in cash for the stake and would make a 16-million-pound profit on the sale.

A Memorandum of Understanding was signed where DBS would introduce the products of Royal Sundaram in all its branches, the company said.

Reliance General and Royal Sundaram were the only two private sector general insurance companies that witnessed decline in market share dur...

"We have had quite a strong quarter. If you see our consolidated results, we have seen the gross revenues go up 12% to Rs 3252 crore," says...

The Royal Sundaram will inject Rs 65 crore into the business, taking the total paid up capital and premium of the company to Rs 275 crore.

IRDA will come out with guidelines for mergers and acquisitions for the industry over the next two-three months.

The proposed merger of Reliance General Insurance and Royal Sundaram Alliance has hit a roadblock, with differences over valuation.

Reliance General Insurance and Royal Sundaram Alliance have submitted a proposal to the insurance regulator to merge their businesses.

The Anil Ambani Group-promoted Reliance General Insurance is looking to buy a majority stake in its rival Royal Sundaram.

Royal Sundaram Alliance Insurance Co Ltd has entered into a corporate agency agreement with ING Vysya Bank for distributing its general ins...