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BRIAN THOMPSON SHOOTING INSURANCE COMPANIES
PhonePe insurance CEO Vishal Gupta quits to launch new startupAnnouncing his departure through a post on Linkedin, Gupta said he was leaving to build a new venture, and called it a natural next step af...- LIC highlights stronger profitability, higher margins and digital push ahead of investor meetingsIndia's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soaring to $6.07 billion and margins im...
- Govt to launch cooperative life insurance company, expand Bharat Taxi to 500 cities: Amit ShahUnion Minister Amit Shah announced a new cooperative life insurance company to bolster the sector's growth, marking the Ministry of Coopera...
- Son dies in accident while driving father's car; Delhi High Court says insurance can't be claimed. Here's whyThe Delhi High Court ruled that families of drivers dying in borrowed vehicles cannot claim personal accident cover from the owner's insure...
- A new ICE facility in US could speed up deportations for families and kidsThe Trump administration is establishing a new 528-bed facility in Alexandria, Louisiana, to expedite migrant deportations. This "staging a...
- ICICI Pru Life seeks investor status for Prudential after Bharti Life dealUK-based Prudential Corporation Holdings is seeking regulatory approval to shift its status from promoter to investor in ICICI Prudential L...
- If FIIs return, they tend to see it first. 15 stocks from financial services ecosystem, with upside potential as low as 3% to as high as 28%Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider ...
- AI is creating a 'Darwinian moment' for employees: Palo Alto CEO Nikesh AroraPalo Alto Networks CEO Nikesh Arora declared a 'Darwinian moment' for businesses, stating 90% of employees lack AI proficiency. His remarks...
- Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources sayIndia's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling ...
- Applying for a Germany visa? Here are the documents you needPlanning a trip to Germany? Gather essential documents like a valid passport, visa form, accommodation proof, and travel insurance. Financi...
- Prudential HCL Health Insurance gets IRDAI nodIndia's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, ...
- Cigna invests $100 million in new AI-powered specialty pharmacy programCigna's Evernorth has unveiled Pharmacy Forward, an AI-driven specialty pharmacy program backed by a $100 million investment. This initiati...
- PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presenceThe capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...
- Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
- IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetrationIRDAI Chairman Ajay Seth called for insurance companies to prioritise covering a broader range of unique lives rather than merely chasing p...
- Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...
- Comcast to split its cable business from media through NBCUniversal and Sky spinoffComcast is set to divide into two separate, publicly traded entities, spinning off its NBCUniversal and Sky media assets. This strategic mo...
- Insurance money left unclaimed? How to trace, verify and recover your moneyNearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...
- AI unlikely to trigger 'Job Apocalypse', it may create uneven workforce disruption: Goldman Sachs ReportA Goldman Sachs report suggests that concerns regarding an impending 'AI job apocalypse' may be overstated. Over the next decade, while AI ...
- UnitedHealth’s $3 billion AI push has bots calling doctorsThe largest US health insurer plans to invest $3 billion in AI over 2026 and 2027. UnitedHealth executives say they’re seeing a 2-to-1 retu...
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