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STAR UNION DAICHI
IRDAI permits Union Bank to continue with IndiaFirst stakeThe state owned bank which is also the promoter of Star Union Dai-Chi had to divest either the entire stake in IndiaFirst Life Insurance, o...
Check the IRDAI death claim settlement ratio of life insurers for the year 2018-19The claim settlement ratio reveals the percentage of claims the insurer has paid out during a financial year. In simple words, CSR is defin...
Warburg may buy 20.5% in IndiaFirst from Andhra BankState-run lenders Bank of Baroda currently owns 44% and Andhra Bank 30% in the life insurer.
Tata Sons raises Rs 4,115 crore via NCDs since Cyrus Mistry's removalTata Sons plans to use the funds raised for general corporate purposes, including refinancing of debt and investment in securities or provi...
MetLife may not get to exit India that soonFinding a buyer for just a 26% stake that MetLife owns in PNB Metlife may be difficult, as a potential buyer will seek a larger holding and...
Life Insurers report 20% rise in annualized premium equivalent in H1 '17Reliance Life continues to go slow where individual APE was down 33% in April-September due to the shift to traditional policies.
Rupee slide: Indian cos like iGate, Hungama Digital opt for open-source softwares to cut costsA falling rupee, which increases licensing costs, is likely to hasten the shift from softwares made by companies like SAP, IBM and Oracle.
- Star Union Dai-chi launches traditional endowment plan
SUD Life launched non-participating traditional endowment plan, Dhan Suraksha Platinum, and said it targets about Rs 300 crore premium from...
- SUD Life total premium grew by 76 pc in FY 11
Its market share among the private players has gone up to 1.93 per cent by end of FY 11 from 1.35 per cent the previous fiscal.
- NHB wants housing finance cos to take stock of their portfolio
The National Housing Bank has asked housing financing companies (HFCs) to take stock of their portfolio and examine the involvement of inte...