Bandhan Financial Holdings (BFHL) has entered into an agreement to acquire the entire stake of Aegon and Bennett, Coleman & Co. Ltd (BCCL) in Aegon […]
Tag: Insurance
PhonePe Launches India’s first Health Insurance platform with monthly subscriptions
PhonePe Insurance Broking Services, today announced the launch of health insurance plans offering comprehensive insurance in partnership with leading insurers. What sets these health insurance […]
Reliance General Insurance to get Rs 200 cr capital infusion from Reliance Capital
Lenders of Reliance Capital (RCAP) have approved the capital infusion in Reliance General Insurance to improve solvency margin of the general insurance arm, according to […]
New accounting standard for insurance soon
The government will soon notify a new accounting standard for insurance contracts, which would align Indian norms with international practices and help global investors better […]
Proactively process claims related to Balasore train accident: Irdai to insurers
Regulator Irdai has asked insurers to proactively process claims of kins of the deceased or persons injured in the train accident in Balasore, Odisha. The […]
Transfer of Sahara Life business unlikely to impact SBI Life’s balance sheet
Transfer of liabilities of around two lakh policies along with assets of Sahara Life is unlikely to have a major impact on SBI Life Insurance […]
Future Generali to now let policy buyers customise their health insurance plans
Future Generali India Insurance today launched a new health insurance plan that can be tailor-made to address growing aversion of customers to inclusion of standardised […]
Life insurers see little impact from tax sop removal
Life Insurance Corp. of India (LIC) and other life insurers expect the impact of recent tax changes on high-value, non-participating policies to be minimal. LIC […]
IRDAI working on three-pronged approach to ensure ‘insurance for all by 2047’
IRDAI Chairman Debasish Panda on Thursday said the regulator is working on three-pronged approach — availability, accessibility and affordability — to ensure ‘Insurance for All […]
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, the 12-digit individual identification number. […]