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INDIA INSURANCE
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...- Life insurers' premium income up 19% in Apr-MayLife insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-...
- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stakeTwo promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...
- Over 58 crore Jan Dhan accounts bring crores of Indians into formal banking system: Nirmala SitharamanFinance Minister Nirmala Sitharaman announced over 58 crore Jan Dhan accounts have integrated millions into formal banking. The Pradhan Man...
- Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
- Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
- Maternity cover in group health insurance plans: Why outdated limits leave employees paying more out of pocketOne of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically ...
- LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Why Rs 1 crore term insurance cover in 2026 may not be enough for many familiesFamilies need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...
- LIC buys Maruti Suzuki shares worth Rs 68 crore, insurer's stake in automaker crosses 5%Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold after purchasing 51,750 shares th...
- India insurance market to grow 10.7% annually over next decade, fastest among major markets, says AllianzIndia's insurance market is set for rapid expansion, becoming the world's fastest-growing. Projections show significant annual growth over ...
- CEOs quitting general insurance companies to pursue entrepreneurial venturesTop executives are exiting established general insurance firms to launch new entrepreneurial ventures. This trend is fueled by India's vast...
- Health insurance company denies claim over father’s alleged alcohol history; son fights back and wins Rs 6 lakhA software engineer's father's health insurance claim was denied by HDFC ERGO due to an alleged alcohol history. The insurer repudiated the...
- Generali Central Life Insurance aims to double business to Rs 2,000 cr in 3 yearsGenerali Central Life Insurance plans to double its business to Rs 2,000 crore in three years. The company will leverage its partnership wi...
- Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
- India insurers seek doubling of tax-free limit for some products to boost inflows, sources sayIndian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowin...
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