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TATA AIA LIFE INSURANCE
Tata Power Solaroof crosses 5 lakh rooftop solar installationsTata Power Solaroof has successfully reached a remarkable milestone of over five lakh rooftop solar installations across India. With more t...
Human in, on or out of the loop: AI is reshaping insurance jobs, says Axis Max Life COOAs insurers move more processes to human-in, human-on and human-out-of-the-loop models, AI is changing not just how insurance works but the...
Tata AIA Life leases nearly 1 lakh sq ft office in Thane’s Hiranandani EstateTata AIA Life Insurance has secured nearly 99,000 sq ft of office space in Thane under a lease agreement involving a rental commitment of a...
LIC, HDFC Life, other stocks rise up to 3% as Aug new business premium jumps 33% YoY. What Nuvama, others are sayingLife insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-p...
Life insurers' new business premium up 33% in AugustLife insurers displayed impressive growth in new business premiums for August, with an overall year-on-year increase of thirty-three percen...
Insurers seek greater flexibility in using equity derivatives for portfolio hedgingIndian insurers are seeking greater flexibility in using equity derivatives, including allowing exposure to be aggregated across multiple f...
Prasol Chemicals mobilises Rs 150 cr from anchor investors ahead of IPOPrasol Chemicals has raised nearly Rs 150 crore from anchor investors ahead of its Rs 500-crore IPO, which opens on September 8. The specia...
Should homemakers buy a term plan? Here’s why their unpaid work has real financial valueThe contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...
ICICI Bank shares in focus as LIC gets RBI nod to acquire 9.99% stake in private lenderICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. ...
NSE IPO set to deliver massive gains of Rs 7,200 crore to state-run insurance firmsGeneral Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchang...
China to pump $54 billion into state banks, insurers in capital-boosting pushChina's finance ministry is injecting over fifty billion dollars into state-owned financial institutions. This coordinated push aims to str...
RBI approves LIC to acquire up to 9.99% stake in ICICI BankThe Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's shar...
Curb misselling, not agents: Insurance reform needs a scalpel, not a hammerIndian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution...
Nepal floods could cost insurers over $130 mln even before death, injury claimsNepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage f...
Insurer can't reject claim if alcohol habit disclosed before policy purchase: Consumer commissionA consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite di...
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...
HDFC Bank next CEO: Check bankers in the running for top jobHDFC Bank has accelerated its search for a successor to CEO Sashidhar Jagdishan, who will not seek an extension, with an executive search f...
HDFC Bank CEO race: Who could be in the running to succeed Sashidhar Jagdishan?HDFC Bank is actively searching for a new chief executive officer. The bank expects to appoint an executive search firm soon. Several inter...
Symbiotec Pharmalab gets Rs 526 crore anchor backing ahead of IPO; Citi Group, Singularity among investorsSymbiotec Pharmalab has raised Rs 526.20 crore from anchor investors ahead of its Rs 1,757 crore IPO opening August 24. The pharmaceutical ...
Life insurer denied Rs 1 crore death claim over earlier policy postponement on medical grounds; here's why family wins in state commissionA life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowing...