life insurance


Go Digit May Enter Life Insurance In 6 Months

World - Published date: .

Go Digit will be the 25th firm in India’s insurance sector, which clocked new business premium of ₹3.7 trillion in ... Read more

LIC's Shareholding In Bata India Increases From 4.497% To 6.532%

Banking - Published date: .

The company raises stake in Tata Power from 5.917% to 7.935% Read more

FSIB To Soon Start Selection Process For New LIC Chairman This Month

Banking - Published date: .

The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial insti... Read more

5 PSU Insurers Have Rs 347-crore Exposure To Adani Firms: FinMin

Banking - Published date: .

Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup' Read more

High ULIP Sales, Annuity Products' Repricing Squeezed LIC Margins

Banking - Published date: .

Analysts expect modest RoEV given lower margin profile than private peers Read more

New York Life Insurance To Invest Rs 290 Cr In Max Group's Realty Project

Banking - Published date: .

New York Life Insurance Company will invest Rs 290 crore to acquire 49 per cent stake in an upcoming commercial project ... Read more

Govt Nudges LIC To Tweak Product Strategy For Better Investor Return

Banking - Published date: .

The government is nudging LIC to tweak its product strategy to maximise profitability in a bid to help the country's lar... Read more

LIC Ups Stake In Capri Global To Over 7% With Rs 221 Cr Investment

Banking - Published date: .

LIC has increased its stake in non-banking finance company Capri Global Capital, to over 7% from 5% earlier, during the ... Read more

Govt-owned Insurers Go For Organisational Rejig, Look For Consultants

Banking - Published date: .

Four general insurers have decided to restructure the organisation towards profitable growth and have called for Request... Read more

PNB, IDBI Bank Get Govt-appointed Directors On Their Boards

Banking - Published date: .

The government has nominated new directors on the boards of Punjab National Bank (PNB) and IDBI Bank, following the cess... Read more

Metlife Boosts Stake In Indian JV After Investment Limit Relaxed

Banking - Published date: .

The deal will boost MetLife's stake in PNB MetLife to more than 47% Read more

ICICI Pru In Discussion For Onboarding Account Aggregator System: Official

Banking - Published date: .

ICICI Prudential Life Insurance Company Ltd (ICICI Pru Life) is in discussion for onboarding the Account Aggregator syst... Read more

Indian Insurance Sector: Shakeout Or Promoter Exits To Happen?

Banking - Published date: .

Mixed views were expressed by insurance industry officials Read more

RCF, NFL Share Sale By December, Govt To Get Rs 1,200 Crore

Banking - Published date: .

The government is likely to sell shares in two fertiliser companies -- RCF and NFL -- by December-end to garner over Rs ... Read more

LIC IPO: Govt Likely To Invite Bids From Merchant Bankers This Month

Banking - Published date: .

The government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahea... Read more

HDFC Life Chief Seeks A Bigger Role For Life Insurers In Healthcare

Banking - Published date: .

Life insurers in India should be allowed to play a bigger role in healthcare sector so that they can be the "disruptor" ... Read more

Aditya Birla Capital PAT Up 2.6x To Rs 375 Crore In March Quarter

Banking - Published date: .

Aditya Birla Capital Ltd reported its highest ever quarterly profit after tax at Rs 375 crore in Q4 FY21, marking a 2.6 ... Read more

ICICI Pru Life Confident To Double Value Of New Business Premium In FY23

Banking - Published date: .

To attain the objective set in April 2019, the second-largest private sector life insurer will continue to increase its ... Read more

BNP Paribas Cardif Offloads 5% Stake In SBI Life Via Open Market Sale

Banking - Published date: .

The French insurer held a 5.20 per cent stake in SBI Life before selling a major part of its stake in the company Read more

Govt Proposes To Hike In LIC's Authorised Capital To Rs 25,000 Cr

Banking - Published date: .

The government has proposed to significantly increase the authorised capital of Life Insurance Corporation of India (LIC... Read more