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Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demandSingapore's Grab lifted its annual forecasts on Tuesday, helped by steady growth in its ride-hailing unit, while demand for its delivery se...
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...
Spandana Sphoorty reports Rs 7.8 crore cyber fraud in bank accountSpandana Sphoorty reported cyber fraud that led to unauthorized transactions of Rs 7.8 crore. The fraud was discovered on Sunday, prompting...
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...
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...
New India slips into red with 1,267 cr loss in Q2New India Assurance Company has revealed a concerning net loss of ₹1,267 crore for the September quarter, sharply contrasting with last yea...
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...
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...
Bengaluru man buys health insurance for parents, pays premiums for three years, mother undergoes treatment but insurer rejects claim, gets relief in consumer courtA Bengaluru man who spent Rs 3.13 lakh on health insurance policies for his parents disputed Star Health's rejection of his mother's medica...
An old tree fell on her California home, leaving Angela Bereola with a $51,399 bill despite having insurance - here's whyA century-old oak tree fell on Angela Bereola’s California home during a storm, leaving an estimated $70,600 in roof damage. Her insurance ...
Rail passengers opting for 45-paise travel insurance at counters must pay digitally from Oct 27Railway passengers will need to pay for optional travel insurance through digital means starting October 27. This change follows a Supreme ...
Health insurance claim settlement: Which insurers are fastest at paying approved claims?According to data from ILM Research (previously known as Beshak Research), 15 of 31 non-life insurers paid out over 95% of their approved h...
Insurers nearly double private credit fund investmentsOver the past two years, insurance companies have notably enhanced their engagement with private credit funds as a strategy to diversify in...