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GENERAL INSURANCE LICENCE
Acko hires Meta, Junglee Games executives to lead health, auto insurance businessesThe appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based ...
Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Do traffic police have the right to jump in front of your Car or bike and snatch keys? Viral video tells what you can do in such casesTraffic challan rules: A viral video sparks debate on Indian drivers' rights as a legal expert clarifies that traffic police cannot forcefu...
Centre allows 100% FDI in insurance via auto route"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...
Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
Decoding SAFU: The structural integrity checks every cryptocurrency exchange must passAs India's digital asset market matures, investors prioritize counterparty risk and verifiable institutional standards. The article outline...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
Amid West Asia war, FY26 goods exports may fall 2-3%: FIEOIndia's goods exports may see a 7-8% drop in March due to the West Asia conflict. Full fiscal year 2026 exports could be 2-3% lower. Howeve...
Exporters' body FIEO sees 2-3 pc fall in goods exports during 2025-26Indian merchandise exports are projected to decline by 2-3% in 2025-26. Global economic uncertainties, amplified by the West Asia crisis, a...
M Pallonji Group gets IRDAI’s R1 nod for general insurance ventureThe M Pallonji Group has received R1 approval from IRDAI for its general insurance venture, partnering with Divya Sehgal and Federal Bank. ...
Explained: Cost of living in New Zealand and how to plan your expensesNew Zealand has revealed the cost of living for newcomers. Key expenses include housing, which varies by city and type. Food costs depend o...
Irdai hardens stance: No insurance licence to VC-backed fintechsIrdai is reportedly tightening its grip on insurance manufacturing licenses for venture-backed fintech startups, favoring promoter-driven c...
Paytm withdraws general insurance licence application; to focus on distribution-only modelTroubled fintech Paytm will increase focus on insurance distribution. It had earmarked Rs 950 crore to invest in the entity applying for th...
With Irdai opening doors, insurtech firms look to transform into general insurersInsurtech firms such as Bengaluru-based Onsurity and Pune-based Loop Health help employers offer group health policies to their employees a...
With R1 licence, Indiabulls takes 1st step towards general insuranceThe basic criteria and promoter due diligence is approved in R1.
Now, individuals want to start cover CosIRDA has received applications seeking to operate general insurance companies.
Fairfax needs to sell 25% stake in ICICI Lombard to get a new permitRegulator asks Canadian company to comply with rules before it takes up Oben General's case for second-stage approvals.
Delhi-based mortgage firm DHFL to expand its footprint in insuranceThe nearly Rs 1 lakh-crore general insurance business has been profitable for many firms, which have been given pricing flexibility by the ...