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INSURANCE COS
GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...- Parliamentary panel members grill Oil ministry officials over 'shortage' of petrol, LPGParliamentary panel members questioned Oil Ministry officials about petrol and diesel shortages. Officials confirmed crude oil stocks for 7...
- IRDAI may ease norms for insurance cos to invest more in REITs, InvITsInsurers may soon see relaxed investment rules for real estate and infrastructure trusts. The regulator is considering a combined 6% exposu...
- Insurance cos expand war-risk cover in UAE as tensions riseWar-risk insurance is now available for everyday consumers in the UAE. Insurers are offering new policies for cars, cargo, and travel. This...
- Insurance firms cut stakes in 10 large-cap stocks in Q4 FY26Insurance companies reduced their stakes in top NSE large-cap stocks from December 2025 to March 2026. This decline, observed in companies ...
- Nippon Life is said to consider buying stake in IndusInd BankNippon Life Insurance Co.'s India unit may buy a minority stake in IndusInd Bank Ltd. to use the bank's network for selling its insurance p...
- Insurers allowed to invest in fund of funds backing startupsThe insurers have also been restricted to make investments in those AIFs where it may already have an exposure.
- Internet of things report 2015: When things talk backThe Internet of Things will be as transformative to the world as was the Industrial Revolution.
- Insurance cos to seek changes in MV ActGeneral insurance cos, led by New India Assurance and ICICI Lombard, will lobby with Chidambaram to free up third-party motor insurance pre...
- Finance ministry asks insurance cos to prune foreign operationsThe General Insurance Corporation (GIC), country's premier re-insurer, posted a net loss of Rs 641 crore in 2010-11 on account of its forei...
- Global insurance cos shy away after Japan disasterNPC & General Insurance find it tough to go ahead with the plan as global insurance cos stay away citing financial risks, post Japan catast...
- Insurers want to calculate solvency at fair valueNational India and Oriental Insurance have asked Irda to let them calculate solvency margin at fair value instead of book value.
- Policy lapse likely to cost life insurance agents their licenceThousands of life insurance agents face the risk of losing their licences, if half their policies sold lapse within three years, according ...
- IRDA stops insurers from providing credit default insuranceThe Insurance Regulatory and Development Authority (IRDA) has asked the general insurers to stop giving credit default insurance, a cover w...
- No withdrawal of cashless facility at hospitals: PranabPranab Mukherjee allayed fears of withdrawal of cashless mediclaim facility by public sector general insurance cos, saying they have not do...
- IRDA bars policy distribution under referral arrangementsThe Insurance Regulatory and Development Authority (Irda) has issued a diktat barring lenders from distributing policies under referral arr...
- Insurance cos bank on NRIsInsurance cos have lined up an array of financial products specially designed to cater NRIs.
- System change is bigger issue for insurersLife insurance cos may have to pay service tax for asset management services.
- Insurance cos not to revaluate insured vehiclesA consumer court has ruled that the insurance companies are not allowed to re-assess the market value of an insured vehicle, once a policy ...
- General insurance cos on fireThe general insurance industry grew by 23 per cent in the first quarter of this fiscal as private players continue their impressive perform...
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