Insurance News

Edelweiss General Insurance appoints Shanai Ghosh as CEO & Executive Director

Shanai has been Executive Director & CEO-Designate of EGI since May 2019 and the appointment has been formally...

India Infoline News Service | Mumbai 09:02 IST | October 18, 2019

IAG agrees sale of 26% interest in SBI General Insurance Company

Upon completion of the transaction, subject to regulatory approvals, SBI will continue to hold 70%, Napean Opportu...

India Infoline News Service | Mumbai 08:15 IST | October 17, 2019

IDBI Federal Life Insurance launches its Heart and Cancer Shield Plan

IDBI Federal Life Insurance Heart and Cancer Shield Plan comes with the notable feature of fixed benefit pay out o...

India Infoline News Service | Mumbai 13:48 IST | October 09, 2019

New India Assurance Co. enters ICA for exposure to Reliance Home Fin, DHFL

Although NIACL did not specify the extent of exposure to these debt securities, the company has informed the excha...

India Infoline News Service | Mumbai 10:02 IST | October 04, 2019

Airtel Payments Bank partners with ICICI Prudential Life to offer insurance products

Airtel Payments Bank customers will now have easy access to life insurance and savings plans, enabling them to pro...

India Infoline News Service | Mumbai 14:59 IST | September 30, 2019

SBI General Insurance partners with Mobikwik to offer insurance policies digitally

Through this partnership, customers will be able to choose amongst SBI Generals wide bouquet of insurance products...

India Infoline News Service | Mumbai 12:23 IST | September 27, 2019

IIFL Wealth partners with ManipalCigna to provide global health insurance cover for HNI customers

The product offers cashless access to healthcare facilities and hospitals across the world to IIFL Wealth customer...

India Infoline News Service | Mumbai 14:44 IST | September 26, 2019

SBI General Insurance partners with Mobikwik to offer insurance policies digitally

Through this partnership, customers will be able to choose amongst SBI Generals wide bouquet of insurance products...

India Infoline News Service | Mumbai 16:58 IST | September 24, 2019

Max Bupa, Indian Bank ink bancassurance tie-up to offer comprehensive health insurance solutions

As part of the tie-up, Max Bupa will provide customizable product variants, tailor made to meet the differentiated...

India Infoline News Service | Mumbai 14:46 IST | September 20, 2019

SBI board approves divestment of at least 3.5% in SBI Life Insurance

The divestment would be carried out to achieve the minimum public shareholding threshold of 25%....

India Infoline News Service | Mumbai 08:42 IST | September 12, 2019

HDFC Life observes September as 'Life Insurance Month' with launch of Start the Talk

Start the Talk will use a personalized approach to dispel the myths and focus on the importance and role of insura...

India Infoline News Service | Mumbai 12:04 IST | September 11, 2019

ICICI Lombard falls ~4% after IRDAI waives lock-in period of co's shares by Fairfax

The IRDAI on March 30, 2016, had imposed a lock in for a period of five years, i.e., till March 29, 2021 on 40,278...

India Infoline News Service | Mumbai 10:12 IST | September 04, 2019

ICICI Prudential Life Insurance stock rises post Q1 results

The private sector insurers net profit grew to Rs284.94cr in Q1FY20 vs. Rs281.64cr yoy....

India Infoline News Service | Mumbai 10:38 IST | July 25, 2019

ICICI Lombard General Insurance PAT grows 7% yoy to Rs310cr in June quarter

The combined ratio stood at 100.4% in Q1FY20 from 98.8% in Q1FY19 primarily on account of long-term motor policies...

India Infoline News Service | Mumbai 16:00 IST | July 19, 2019

Relaxing foreign-ownership laws will benefit Indian insurers: Fitch

More international companies are likely to enter the fast-expanding Indian market. The proposal comes at time when...

India Infoline News Service | Mumbai 10:10 IST | July 15, 2019