A Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...

Bharti Group is in talks to sell up to 85% of its life insurance business to Prudential Plc for an estimated ₹7,000-8,000 cr. This potentia...

Health insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...

IndiaFirst Life's proposed stake sale to BNP Paribas Cardif is delayed. Union Bank of India has exited its corporate agency tie-up with Ind...

IndiaFirst Life has become the first Indian life insurer to start operations in Gujarat International Finance Tec City (GIFT City). The com...

The public issue consists of a fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) of up to 141,299,422 equit...

The IPO is likely to include both issuance of fresh equity shares and an offer from sale (OFS) from promoters and existing shareholders of ...

The state owned bank which is also the promoter of Star Union Dai-Chi had to divest either the entire stake in IndiaFirst Life Insurance, o...

State-run lenders Bank of Baroda currently owns 44% and Andhra Bank 30% in the life insurer.

Existing investor Warburg Pincus is one of the suitors for the stake.

Sources with access to information said the deal size was around Rs 710 crore.

Mumbai based investment bank Ambit Corporate Finance Pvt. Ltd has advised Legal and General Group on the sell out process.

Launched in 2010, IndiaFirst Life is a joint venture between Legal & General and BoB and Andhra Bank

Talks have been held with prospective suitors like Reliance Nippon Life Insurance, said sources.

IFMR will be distributing IndiaFirst Simple Benefit Plan, a non-linked individual participating endowment Plan, from IndiaFirst Life Insura...

Satishwar Balakrishnan is a founding member of IndiaFirst Life Insurance and has contributed across various functions within the organisati...

IndiaFirst Life Insurance has received regulatory approval to launch three products and expects to commence its operations by the month-end...