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LIFE INSURANCE UNDER MWP ACT
IDBI Bank strike on November 2 and 3, 2026: Bank advises customers to use digital channels; removes fee on non-IDBI ATM withdrawalsIDBI Bank strike today: IDBI Bank employees initiated a two-day strike on November 2 and 3, 2026, opposing the sale of the bank's majority ...- Life insurance bought under MWP Act: Why it matters and how it can ensure greater protection for your familyCutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for yo...
- Largescale cyberattacks test the limits of insurance coverWhile businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequate...
- Sabarimala: TDB announces Rs 2 lakh life insurance cover for pilgrimsThe Travancore Devaswom Board has announced a new life insurance scheme for Sabarimala pilgrims. This insurance will cover up to Rs 2 lakh ...
- PB Fintech's UAE insurance business grows 19-fold as it looks beyond motor coverPB Fintech has achieved impressive growth within the UAE insurance landscape, notably boosting its premium volumes since FY22. With a strat...
- Aditya Birla Capital Q2 profit rises 38% to Rs 1,288-crAditya Birla Capital reported an impressive 38% profit increase for the September quarter of FY27, with profit after tax soaring to Rs 1,28...
- IDBI Bank sale row: Finance Ministry defends valuation process, says reserve price was not changedThe finance ministry has defended the valuation process used in the IDBI Bank stake sale, saying the methodology and bidding procedure were...
- Health insurers seek expense cap tweaksStandalone health insurers have requested that mandatory insurance products be excluded from expense-of-management calculations. They argue...
- Govt extends Amnesty Scheme under ESIC for three month till December 31The ‘New Amnesty Scheme 2025’, rolled out on October 1, 2025, is a one-time dispute resolution initiative aimed at reducing the backlog of ...
- Charlie Munger skipped insurance on his mansion, said all intelligent people ‘do it my way’. What did he mean?During a recent shareholder meeting, Charlie Munger shared his reasoning behind opting out of fire insurance for his mansion. He argued tha...
- New Amnesty Scheme 2025 extended till December 31. Check details hereThe Employees’ State Insurance Corporation (ESIC) has extended its New Amnesty Scheme, 2025, by three months until December 31, 2026, allow...
- These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
- SBI Life Insurance Q2 Results: Net profit grows 11% YoY to Rs 549 croreSBI Life Insurance recorded an 11 percent increase in net profit for the second quarter. The net profit reached Rs 549 crore compared to Rs...
- Microsoft employees considering the buyout should check these health insurance rules before leaving their jobsThinking of taking Microsoft’s buyout? Pause before you sign anything. Once your job ends, your health insurance may stop too, but COBRA le...
- Bengaluru man buys health insurance for parents, pays premiums for three years, mother undergoes treatment but insurer rejects claim, gets relief in consumer courtA Bengaluru man who spent Rs 3.13 lakh on health insurance policies for his parents disputed Star Health's rejection of his mother's medica...
- Global Market: Japan life insurers eye domestic bonds as foreign debt selling growsJapan’s major life insurers are split on increasing domestic government bond holdings as rising yields make Japanese debt more attractive. ...
- Non-life insurance to play a bigger role in financial planning over the next 25 years: ICICI LombardGeneral, or non-life, insurance is expected to play a more integral role in financial planning over the next 25 years, shows an ICICI Lomba...
- Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressureIn the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by ...
- Insurers nearly double private credit fund investmentsOver the past two years, insurance companies have notably enhanced their engagement with private credit funds as a strategy to diversify in...
- Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...
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