Insurance

US-based New York Life today announced its exit from Indian life insurance business venture--Max New York Life-- by selling its 26 per cent stake at Rs 2,731 crore to Mitsui

The government will soon finalise its response to Parliamentary panel reports on insurance and pension sector bills so that the modified versions could be taken up for consideration and passage

HSBC has agreed to sell its general insurance businesses to AXA Group and QBE Insurance Group for a cash consideration of $914 million, as Europe's biggest bank moves ahead with

Motor and health insurance may become expensive with the government suggesting that insurers should raise premiums to cover their losses.
In a letter to the national reinsurer General Insurance Corporation

Healthcare operator Apollo Hospitals Enterprise expects its health insurance joint venture with Germany's Munich Re to collect premiums of Rs 4.5 billion in the fiscal year ending March against

Shares of Reliance Capital surged by 4 per cent on the bourses today after the company said it has received in-principle approval from insurance sector regulator IRDA for its proposed