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LIFE INSURERS
Global Market: Japanese investors extend foreign bond selling streak to four weeksJapanese investors sold foreign bonds for a fourth consecutive week, pushing year-to-date net outflows to 5.34 trillion yen, the highest si...- HDFC Life posts 14% rise in Sept quarter profitValue of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percenta...
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happenedCervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
- LIC reveals details of its 3 new plans: Check benefits of New Jeevan Dhara-II, Health Shield and New Cancer CoverLife Insurance Corporation of India is set to launch three new insurance products on October 19, 2026. These offerings, namely New Jeevan D...
- Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
- ICICI Life bets on women advisors, plans 20,000 hires by FY27ICICI Life Insurance plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative. Women curren...
- BlackRock, SBI MF lead Tonbo Imaging’s Rs 255 crore anchor round ahead of IPOTonbo Imaging raised Rs 255 crore from anchor investors ahead of its Rs 852 crore IPO, allotting shares at the upper price-band limit of Rs...
- BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...
- Zetwerk raises Rs 2,251 crore from anchor investors ahead of IPOThe Bengaluru-based company allotted 149.1 million equity shares at Rs 151 apiece, the upper end of its IPO price band of Rs 143-151, accor...
- Paytm's Indian ownership rises to 56%; domestic institutions continue to raise stakeIn a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of...
- ICICI Life Q2 net profit rises 25% on better product mixIn the latest financial report, ICICI Life Insurance announced a remarkable 25% increase in net profit for the second quarter, reaching ₹37...
- Ashish Kacholia, Kotak Life lead Fusion CX’s Rs 315-crore anchor book ahead of Rs 702-crore IPOFusion CX raised Rs 315 crore from anchor investors ahead of its Rs 702-crore IPO, with Ashish Kacholia and Kotak Mahindra Life Insurance a...
- LIC to launch three new insurance plans on October 19, 2026: Annuity, health insurance and cancer cover to go on offerLife Insurance Corporation of India is set to introduce three new insurance products on October 19, 2026. The offerings include LIC’s New J...
- Office critical illness cover: How well does it protect employees and their families?The distinction matters for how HR teams design the benefit. A fixed benefit CI policy addresses income replacement and non medical costs t...
- GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working ca...
- GST reforms 2026: Employers get ITC on employee health, life insurance premiumsThe GST Council has recommended allowing employers to claim input tax credit on GST paid for health and life insurance policies taken for e...
- Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 croreCanara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43...
- Ageas Federal launches multi-currency life insurance plan at GIFT CityAgeas Federal Life Insurance has launched its first GIFT City product, a multi-currency ULIP that lets customers invest in US dollars, euro...
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
- AI can decode your insurance policy, but can it predict your claim? Know the limitsNavigating health and life insurance policies can be daunting due to complex jargon and lengthy documents. AI can simplify understanding by...
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