Swiss Re to invest Rs 920 crore in Paytm’s insurance unitSwiss Re will invest around Rs 397 crore upfront and the remaining capital will come in tranches, subject to fulfilment of certain mileston...
27 Oct, 2021, 04.56 PM IST
Swiss RE may join Paytm's insurance businessThe Zurich-based reinsurance giant is looking to acquire a 20-25% stake in the venture by initially making a capital commitment of around $...
05 Oct, 2021, 06.00 AM IST
Miners hold back Australian shares even as financials gainGold stocks shed 3.2%, the most among all sectors, as bullion dipped after solid US jobs data stoked concerns of a sooner-than-expected int...
09 Aug, 2021, 02.19 PM IST
French cover major AXA to exit coal by 2040AXA also targets to contain the warming potential of its investments to below 1.5°C by 2050. As part of this objective, the Group will doub...
28 Nov, 2019, 08.53 PM IST
Aussie shares close weaker as global growth concerns weigh, NZ upThe sub-index of information tech stocks closed over 2 per cent lower.
04 Jan, 2019, 01.13 PM IST
Australian, NZ shares fall on worries US-China trade war will escalateFor the week, the index shed 2.8 per cent, its biggest weekly loss since early February.
07 Sep, 2018, 01.27 PM IST
Australian shares end flat as gains for Telstra, QBE offset miners' lossesTelstra Corp Ltd, Australia's biggest telecom company, jumped 5.5 per cent to its highest in more than three months.
16 Aug, 2018, 12.55 PM IST
Insurance sector may get over Rs 12,000 crore FDI in 2016: AssochamThe investment push has come as a result of liberalisation of foreign investment ceiling to 49 per cent last year through the passage of In...
25 Jan, 2016, 03.40 PM IST
Prism Cement's loss widens in Q2; to divest 23% stake in insurance JVPrism Cement's standalone net loss widened to Rs 33.26 cr for the quarter ended September 30, against a net loss of Rs 19.76 cr in the year...
03 Nov, 2015, 03.25 PM IST
Australian firm to raise stake in Raheja QBE insurance to 49 per centRaheja QBE General Insurance Company is a joint venture company promoted by Prism Cement, India, and QBE Holdings (AAP) Pty.
17 Aug, 2015, 01.31 PM IST
- HSBC to sell general insurance business in four countries
Global financial services giant HSBC Holdings Plc today said it will sell its general insurance businesses in Hong Kong, Singapore, Mexico ...
07 Mar, 2012, 06.51 PM IST
- Forget size, Raheja QBE’s most profitable insurer
Few would have heard of Raheja QBE General Insurance, the company that’s been around for a year.
05 Aug, 2010, 04.55 AM IST
- Australia's QBE lifts bid for IAG
Australian-listed global insurance group QBE Insurance said Monday it had lifted its offer for the nation's second-largest general insurer,...
19 May, 2008, 12.05 PM IST
- SBI not to allow global M&As affect non-life JV
State Bank of India will take measures to ensure that its proposed non-life joint venture is not adversely affected by international M&As.
14 May, 2008, 03.34 AM IST
- Rajan Raheja Group likely to get nod for non-life foray
The Insurance Regulatory Development Authority (IRDA) is set to issue a licence to the Rajan Raheja Group (RRG) for setting up a general in...
30 Apr, 2008, 02.22 AM IST
- Australian insurer in JV with Prism
Prism Cement of the Rajan Raheja group has entered into an agreement with Australian insurer QBE .
20 Jul, 2007, 04.28 AM IST
- Life’s bustling with 5 new insurers
The insurance space is hotting up with at least 5 new entrants in the private life insurance market. The impasse over the hike in FDI cap f...
02 May, 2007, 02.26 AM IST