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INDIA INSURANCE
Can Turtlemint Fintech shares rally to Rs 190? Why Jefferies initiated coverage on the stockJefferies has initiated coverage on Turtlemint Fintech Solutions with a Buy rating and a target price of Rs 190, implying 37% upside. The b...
LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to...
Health insurance for elderly parents: A complete guide for NRIsIndia’s ageing population and growing NRI community are increasing demand for healthcare support that goes beyond insurance. NRIs caring fo...
Truck driver’s family denied claim by United Insurance after he suffered cardiac arrest following meal during trip; court orders Rs 16 lakh compensationThe Uttarakhand High Court has upheld compensation of around Rs 16 lakh, including interest, for the family of truck driver Kamal Singh, wh...
CCI approves Prudential’s stake acquisition in Bharti Life InsuranceThe Competition Commission of India has approved Prudential Corporation of India’s acquisition of certain equity shareholding in Bharti Lif...
Prudential gets CCI nod to acquire 75 pc stake in Bharti Life InsuranceIndia's fair trade regulator CCI has approved Prudential Corporation Holdings' stake acquisition. This acquisition involves a significant e...
Deceased father's Rs 2 lakh PMSBY insurance payout denied after his name and age mismatched in records; son fought in consumer commission and won Rs 2.5 lakhA deceased father's Rs 2 lakh PMSBY insurance claim, rejected by the insurer over mismatched name and age records, has been upheld by the C...
NFO Alert: Invesco Mutual Fund announces launch of pharma and healthcare fundInvesco Mutual Fund has launched a new open-ended equity scheme. This fund will invest in India's evolving pharma and healthcare sectors. I...
NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reasonAn Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life ...
Care Health Insurance rejected heart attack patient's mediclaim over ‘pre-existing diabetes, hypertension’: Court says these are ‘lifestyle diseases’; orders insurer to pay Rs 2.1 lakhCare Health Insurance has been ordered to pay Rs 2.1 lakh after a Delhi consumer commission ruled that rejecting a heart attack patient's m...
Draft SHANTI Rules 2026: Government proposes nuclear liability, insurance framework for operatorsNew SHANTI Rules 2026 propose strict no-fault liability for nuclear operators. Operators must maintain insurance and financial security for...
NRI life insurance protection plans can be 50–60% cheaper in India: Should you buy here or in your country of residence?NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident ...
India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRIIndia must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes ...
Corporate cover rates decline amid ample capacityInsurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity inte...
India plans insurance reforms to rein in healthcare costs, sources sayIndia is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide c...
Motor insurance bills could feel the pinch as insurers crack down on third-party fraudMotor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressur...
Low insurance penetration, reforms to drive 'massive' growth in India's insurance sector: S&PIndia's insurance sector anticipates significant long-term expansion driven by reforms and low penetration. Favorable regulations are attra...