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IDBI FORTIS LIFE INSURANCE
CCI clears MetLife’s acquisition of additional PNB MetLife stakeThe Competition Commission of India has cleared MetLife International Holdings’ acquisition of an additional 0.5% stake in PNB MetLife Indi...- IRDAI pushes LIC, SBI Life to seek further cost efficiencyInsurers like Life Insurance Corp and SBI Life need to improve cost efficiencies under new regulatory guidelines. The proposals suggest low...
- India's top court disposes of Fortis' petition against IHH Healthcare unitMalaysia's IHH Healthcare said on Monday that India's top court has disposed of Fortis Healthcare's petition challenging a court-ordered fo...
- IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher testTransformations are on the horizon for India's insurance industry, with new proposals from the Insurance Regulatory and Development Authori...
- IRDAI proposes sweeping changes to insurance distribution: Commissions, costs, mis-selling rulesThe customer-centric proposals aim to increase transparency, cut distribution costs and reduce insurer expenses.
- Big insurers, bigger advantage? Smaller players flag Irdai’s new expense capsSmaller life and general insurers worry that proposed distribution reforms might benefit larger insurers disproportionately. The changes in...
- 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...
- Fortis Healthcare shares in focus as Supreme Court allows forensic audit to proceedFortis Healthcare shares will be in focus after the Supreme Court allowed a forensic audit of the hospital chain to proceed, while clarifyi...
- Fortis says it was ‘complete stranger’ to Daiichi-Singh Brothers arbitration disputeFortis Healthcare has stated that it has no involvement in the dispute between Daiichi Sankyo and the Singh Brothers. The Supreme Court has...
- Fortis Healthcare confident forensic audit will clear company in share transfer disputeFortis Healthcare has expressed confidence that a forensic audit will verify its non-involvement in a share transfer dispute. The Supreme C...
- Fortis defends itself after Supreme Court allows forensic audit, says it was "complete stranger" to Daiichi-Singh Brothers disputeIn a disclosure to the stock exchanges, Fortis said the Supreme Court, in its September 25 order, disposed of the company's Special Leave P...
- Insurance stocks slide for 2nd day following IRDAI proposal to cap commissionsThe insurance market is in turmoil as shares of leading companies drop following the IRDAI's proposal for new commission regulations impact...
- Supreme Court backs Delhi HC orders in Daiichi-Fortis dispute, clears way for forensic auditThe Supreme Court has declined to interfere with Delhi High Court orders in the long-running Daiichi Sankyo-Fortis dispute, allowing a fore...
- PB Fintech: A record debut in 2021, a record ₹31,400 crore wipeout & now the biggest storm the Gurugram co can facePB Fintech came under heavy selling pressure after IRDAI proposed changes to insurance commissions and distribution economics. PB Fintech s...
- Govt evaluating financial bids for IDBI Bank strategic sale: SourcesThe government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stak...
- IRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your moneyInsurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements proposed commission changes. Prop...
- Irdai proposes big changes to insurance commissions; companies, agents may feel the pinchIrdai has proposed an overhaul of the commission payment structure for insurance distributors across various products. This new framework a...
- Explained: Why PB Fintech, Turtlemint, SBI Life, HDFC Life and other insurance stocks tanked up to 26% on ThursdayIRDAI has proposed insurance distribution reforms, including a ban on dark patterns, lower Expense of Management limits and greater commiss...
- ET Business Growth Summit Chennai: Innovation and R&D key to unlocking MSME potentialThe ET Business Growth Summit in Chennai saw industry leaders emphasising stronger collaboration among businesses, policymakers, and instit...
- Fake insurance calls to bogus policies: 5 insurance scams that could drain your bank account; are you at risk?
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