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UP: Insurance fraud amount in Sambhal crosses Rs 100 crore; ED seeks documents from policeA massive insurance scam, exceeding Rs 100 crore, has been uncovered in Uttar Pradesh's Sambhal district, involving fraudulent policies, fa...- Niti Aayog prepares roadmap to boost seaweed cultivationThe Niti Aayog has recommended extending PM-Kisan and PM Fasal Bima Yojana to seaweed farmers and introducing insurance schemes for the sec...
- CCI clears Bharti Group's 49 pc stake buy in Bharti AXA Life Insurance"CCI approves acquisition of approx 49 per cent shareholding of Bharti AXA LifeInsurance Co. Ltd. by BhartiLife Ventures Pvt Ltd from AXA I...
- Budget 2023: Insurers hope for tax concessions to underwrite industry's growthScrapping or slashing of Goods and Services Tax (GST) on insurance premiums, making pension/annuity proceeds tax-free, and creating a separ...
- Know why financial planning is incomplete without insuranceWith unpredictable nature of life, insurance can act as the protection shield for your family
- Know how investors can lock returns today and save tax tooLock in your returns with a savings plan with guaranteed regular returns to fulfill your family’s dreams with ease while safeguarding your ...
- Generali eyes bigger stake in India businesses as Future seeks exitGenerali wants to increase its stake to as much as 74% in both the life and non-life insurance entities in India from 49% currently, added ...
- ICICI Prudential Life Q3 profit flat at Rs 302 croreNew business income jumped to Rs 426 crore in the December quarter, up 33 per cent.
- India Post Payments Bank formalises agreement with Bajaj Allianz to sell life-insuranceSpeaking about the need to enter a strategic tie-up with a third-party insurer, the state-run payments bank’s chief executive said, “We are...
- LIC's FY15 policy sales income hits a 10-year lowLIC's premium collection from sale of new policies fell to Rs 78,302 crore in the fiscal year ended on March 31, 2105, compared with Rs 90,...
- AIG narrows CEO search to two internal candidates: ReportsThe chances of an external candidate leading AIG after Benmosche look slim unless Hancock and Wintrob fall out of favor, the Journal report...
- HIV/AIDS patients to pay higher insurance premium: IRDAThe IRDA had in October come out with a draft circular, asking all insurers to provide life-insurance cover to HIV/AIDS patients.
- Hike in insurance FDI limit may attract Rs 30,000 crore: IrdaThe increase in FDI limit in the insurance sector may attract Rs 30,000 crore that the industry requires over the next five years, said Ird...
- IRDA chairman advocates raising FDI cap in insurance; says it will enhance growthThe insurance industry needs big investments for growth in the coming years and will welcome hike in FDI cap, sectoral regulator Irda said ...
- IDBI Federal launches endowment plan LifeInsurance SuvidhaIDBI Federal Life Insurance's 'LifeInsurance Suvidha' being promoted as a product that ensures simple purchase procedure and documentation.
- Tax issues stalls AIG-MetLife deal: ReportThe pending $15-billion sale of American International Group's life-insurance unit to MetLife is facing tax issues that may require a rulin...
- Bidders eye AIG unit as $60 bn loss loomsAmerican International Group received bids from MetLife Inc and Axa SA for a life-insurance unit spanning more than 50 countries, Bloomberg...
- Rs 300 cr addl capital to be infused into Future GeneraliFuture Generali Life Insurance Company, will see a capital infusion of Rs 300 crore and a portfolio of 20-products by end-March, a top comp...
- Star Union to bank on bancassurance to sell productsStar Union Dai-ichi Life Insurance - the three way joint venture between Bank of India, Union Bank and Dai-ichi Life of Japan plans to hit ...
- US life insurers may have to fight to keep tax sopsLife insurance is sold with the promise that policy-holders can beat at least one of life’s two certainties: taxes. That pitch may have to ...
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