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LIABILITY INSURANCE
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...
Diwali declutter: 4 money moves to cut bad investments, clear debt and strengthen your financesAs the festive season of Diwali nears, it’s wise for individuals to take a fresh look at their investment portfolios. This reflection can s...
How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFsIndian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals...
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...
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...
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...
IDBI Bank sale row: Finance Ministry defends valuation process, says reserve price was not changedThe finance ministry has defended the valuation process used in the IDBI Bank stake sale, saying the methodology and bidding procedure were...
Global Market: Japan life insurers eye domestic bonds as foreign debt selling growsJapan’s major life insurers are split on increasing domestic government bond holdings as rising yields make Japanese debt more attractive. ...
Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
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 ...
Sumitomo Life to remain cautious on JGB yields, keep investment pace unchanged from H1Sumitomo Life Insurance will maintain its investment pace for Japanese government bonds in the upcoming months. It intends to carefully mon...
Woman found AC, TV damaged in shifting, 23 items missing; sought Rs 7.75 lakh compensation from movers; gets relief in consumer commissionThe lady claimed that the AC was delivered in broken condition, which is beyond repair and the LED TV was also damaged. When she told this ...
FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...
SBI weighs data leak impact, alerts cyber cover providerSBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, peo...
India commercial insurance rates fall as capacity, competition riseCommercial insurance rates in India decreased significantly in 2026 due to increased competition among insurers. Property and financial lia...
RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawalsThe Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to...
Motor third-party insurance growth slows to 9%; Kotak flags possible impact of SC compensation rulingMotor third-party insurance premiums exhibited a sluggish growth rate of 9 percent year-on-year in September 2026. Insurers have reportedly...
Motor insurers seek third-party premium deregulation, end to knock-for-knock pactsIn responses to the regulator's consultation paper on insurance distribution reforms, some industry participants said automobile manufactur...
Liability-only car insurance in India: Coverage, exclusions and claim documents