Searched for
INSURANCE BUSINESS
Irdai tightens ESOP norms, share transfer rules for insurersIrdai has implemented stricter rules regarding employee stock option plans for insurance companies to regulate ownership stakes. Senior exe...
Institutional investors step up bets on private credit as insurers, pension funds and DFIs back new fundsInstitutional investors are now allocating more funds to private credit, significantly from insurance companies and pension funds. Neo Alte...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%Oil prices matter to the Indian economy, and the market responded with a smart rally as Brent crude cooled significantly on Monday. The ral...
India's economic pillars show 'no fragility', says Finance Minister Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic gro...
Life insurance bought under MWP Act: Why it matters and how it can ensure greater protection for your familyCutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for yo...
State-run general insurers to submit turnaround plansState-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government a...
Irdai to weigh 650+ responses on insurance commissionsThe regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, w...
Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseCyberattacks targeting financial institutions have raised concerns about security vulnerabilities and potential losses. AU Small Finance Ba...
Good intentions, unintended consequences: The cost of regulationRegulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business...
Largescale cyberattacks test the limits of insurance coverWhile businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequate...
AU Small Finance Bank hit by a likely breach of 'limited' dataThe lender is investigating a potential breach of "limited data" pertaining to its vehicle-loan customers. The data was hosted on a third-p...
PB Fintech's UAE insurance business grows 19-fold as it looks beyond motor coverPB Fintech has achieved impressive growth within the UAE insurance landscape, notably boosting its premium volumes since FY22. With a strat...
PB Fintech Q2 profit rises 43% to Rs 192 crore, revenue grows 35%The growth was led by Policybazaar's insurance distribution business, where demand for health and term insurance remained strong. Total ins...
Aditya Birla Capital Q2 profit rises 38% to Rs 1,288-crAditya Birla Capital reported an impressive 38% profit increase for the September quarter of FY27, with profit after tax soaring to Rs 1,28...
Health insurers seek expense cap tweaksStandalone health insurers have requested that mandatory insurance products be excluded from expense-of-management calculations. They argue...
Charlie Munger skipped insurance on his mansion, said all intelligent people ‘do it my way’. What did he mean?During a recent shareholder meeting, Charlie Munger shared his reasoning behind opting out of fire insurance for his mansion. He argued tha...
Bandhan Bank to face a Rs 200 crore hit from insurance norm changeFacing an anticipated Rs 200 crore dip in income from proposed cuts to insurance commissions, Bandhan Bank's managing director, Partha Prat...
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
- Dynamic pricing's unacceptable in insurance, big payouts erode value: IRDAI chief Ajay Seth
IRDAI chief Ajay Seth criticises the approach of some digital platforms, warns high commissions leave less in the risk pool, push up premiu...
Insurance commission: IRDAI extends time for feedback to October 31The regulator is engaging with different stakeholder groups and has not reached a conclusion on the proposals, IRDAI chairman Ajay Seth had...