Private life insurer IDBI Federal Life Insurance is looking at wiping off its accumulated losses of Rs 180 crore in the next two years before it can start paying dividends
Helped by an uptick in stocks, Ulip mid-cap funds have given 20-30 per cent annualised gain in the past three years and beaten benchmarks, top insurance industry officials have said.
The number of claims pertaining to property and motor insurance has surged in the wake of torrential rain in Tamil Nadu and Andhra Pradesh. While insurers have put systems
Japanese life insurer Nippon Life Insurance on Tuesday signed definitive agreements to increase its stake in Reliance Life Insurance to 49 per cent from 26 per cent. The Japanese
The middle class may be driving consumption growth in the country, but when it comes to protecting themselves from health-related expenses, they are largely under-insured. A new report has
Competition Commission has approved UK insurer Aviva's proposal to acquire additional 23 per cent stake in its Indian insurance joint venture.
Aviva Life Insurance Company India Ltd is a joint
Japan's Nippon Life Insurance on Tuesday announced the acquisition of another 23 per cent stake in Reliance Life Insurance for about Rs 2,265 crore.
Analjit Singh-promoted Max India on Monday said that it will sell 23 per cent stake in health insurer Max Bupa Health Insurance Company to British partner Bupa for Rs 191
Insurance regulator Irdai has framed draft regulations on expenses of management for insurers transacting non-life and standalone health insurance business.
The Insurance Laws (Amendment) Act 2015 has carried out amendments
Bajaj Allianz General Insurance looks at affinity marketing as a way forward to grow the home insurance business. It is associating itself with several brands in the home content