Nepal floods could cost insurers over $130 million even before death, injury claimsNepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...
04 Sep, 2026, 01.53 PM IST
Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
03 Sep, 2026, 01.30 AM IST
Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growthBerkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial...
02 Sep, 2026, 11.26 PM IST
IFFCO-TOKIO General Insurance appoints Tatsuya Fujimoto as MD & CEOIFFCO-TOKIO General Insurance Company has appointed Tatsuya Fujimoto as its new Managing Director and Chief Executive Officer, replacing Su...
02 Sep, 2026, 01.33 PM IST
The Amitabh Bachchan life lesson Edelweiss MF CEO Radhika Gupta says everyone should learn: From Rs 90 crore debt, 55 legal cases to remarkable comebackAmitabh Bachchan faced a severe financial crisis in the late 1990s after ABCL collapsed, leaving him with Rs 90 crore debt and around 55 le...
02 Sep, 2026, 11.19 AM IST
LIC launches two new plans: LIC’s Bima Platinum and LIC’s Jeevan Raksha; Check detailsNew LIC plans: Today, Life Insurance Corporation of India has unveiled two innovative insurance plans designed to meet diverse needs. LIC's...
01 Sep, 2026, 06.27 PM IST
IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...
01 Sep, 2026, 12.52 PM IST
InsuranceDekho, RenewBuy combine to create AI Insurance PlatformInsuranceDekho and RenewBuy are merging to create an AI-enabled insurance distribution platform with over ₹6,600 crore in premiums, 600,000...
01 Sep, 2026, 12.52 PM IST
InsuranceDekho, RenewBuy consolidate to create platform with Rs 6,600 crore premium bookThe merged business will operate under the InsuranceDekho brand and will be led by its founder and chief executive Ankit Agrawal. The found...
01 Sep, 2026, 12.50 PM IST
Lenskart shares to rally 40%? Nomura initiates coverage with Buy, says its growth journey has just startedLenskart has emerged from challenger to market leader, with Nomura initiating coverage with a ‘Buy’ rating and Rs 888 target, implying arou...
31 Aug, 2026, 10.11 AM IST
IndiaFirst plans to raise Rs 250 cr in subordinated debtIndiaFirst Life Insurance plans to raise ₹150-250 crore through subordinated debt. BNP Paribas Cardif will acquire Warburg Pincus' stake in...
28 Aug, 2026, 07.24 AM IST
Sun Life bets of India’s alternative investments like Private credit, infrastructure, Raising stake in India’s insurance business not a priority: Kevin StrainSun Life sees significant growth potential in India's insurance and wealth management sectors. The company is exploring new investment oppo...
26 Aug, 2026, 10.32 PM IST
Japan's Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reportsTokio Marine, a leading Japanese insurer, has set its sights on Suncorp for a potential takeover, among other competitors like Insurance Au...
25 Aug, 2026, 08.37 AM IST
SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 croreSoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu D...
24 Aug, 2026, 09.23 PM IST
Y Combinator sells Meesho shares worth Rs 970 crore in block deals; Morgan Stanley, Goldman Sachs, Citigroup among buyersY Combinator-linked entities sold 4.85 crore Meesho shares worth Rs 970 crore through block deals at Rs 200.01 apiece. Institutional buyers...
24 Aug, 2026, 09.14 PM IST
Accel, 2 others sell nearly 5% stake in Amagi Media Labs for Rs 587 croreAccel, a leading global venture capital firm, along with two other parties, has divested nearly five percent stake in Amagi Media Labs. The...
21 Aug, 2026, 08.34 PM IST
Augmont Enterprises raises Rs 246.29 crore from anchor investors ahead of IPOAugmont Enterprises has raised Rs 246.29 crore from 14 anchor investors ahead of its IPO, allotting 31.25 lakh shares at Rs 788 each. Mutua...
21 Aug, 2026, 10.26 AM IST