Private life insurance LIC profit jumps 466% in Q4 July 31, 2023August 1, 2023 admin 148 Views 0 Comments exchange filing, LIC profit, Life Insurance Corporation, The standalone net profit Life Insurance Corporation of India has recorded a standalone net profit of Rs 13,427.8 crore for the quarter ended March Read more
Private life insurance LIC’s Adani portfolio value up 54% from Hindenburg July 31, 2023August 1, 2023 admin 186 Views 0 Comments ADANI GROUP COMPANIES, Hindenburg, LIC's Adani portfolio, Life Insurance Corporation’s investment, Stock exchanges The value of Life Insurance Corporation’s investment in the Adani group companies went up to Rs 44,664 crore, marking a Read more
Private life insurance LIC relaxes claims process for Odisha train victims July 29, 2023August 1, 2023 admin 172 Views 0 Comments LIC, Life Insurance Corporation of India, Odisha train victims, Pradhan Mantri Jeevan Jyoti Bima Yojana, triple train accident Life Insurance Corporation of India announced various reliefs for claim settlements of victims of the triple train accident in Odisha’s Read more
Private life insurance SAT stays transfer of Sahara’s biz to SBI Life July 29, 2023August 1, 2023 admin 155 Views 0 Comments icici prudential life insurance, Sahara India Life Insurance (SILICL), SBI LIFE, The Securities Appellate Tribunal (SAT) The Securities Appellate Tribunal (SAT) has stayed the order by the IRDAI, transferring the business of Sahara India Life Insurance Read more
Private life insurance SBI Life to take over 200,000 Sahara policies July 29, 2023August 1, 2023 admin 199 Views 0 Comments financial health, Sahara India Life Insurance (SILIC), Sahara Life, Sahara policies, SBI LIFE IRDAI has identified SBI Life Insurance to take over liabilities of about 200,000 policies of Sahara India Life Insurance (SILIC) Read more
Health Insurance article Jagannathan, quits Star Health Insurance July 27, 2023 admin 281 Views 0 Comments first standalone health insurance, new venture, non-executive chairman, star health insurance V Jagannathan, the 78-year-old founder of Star Health Insurance – the country’s first standalone health insurance player – has exited Read more
Health Insurance article ESIC-run social security scheme adds 1.3 million members in March July 27, 2023 admin 128 Views 0 Comments Employees‘ Provident Fund Organisation (EPFO), Employees‘State Insurance Corporation, ESIC, National Statistical Office (NSO), social security scheme Over 13 lakh new members joined the Employees‘State Insurance Corporation or ESIC-run social security scheme in March 2023, according to Read more
Health Insurance article Life insurer Tata AIA looks at health covers July 26, 2023 admin 275 Views 0 Comments annualised premium earnings (APE), health covers, life insurer, short-term health, Tata AIA Life Insurance Tata AIA Life Insurance is looking to increase its presence in health covers. The company aims to provide short-term health Read more
Health Insurance article Moderate alcohol intake can’t be ground for rejecting medical claim July 26, 2023 admin 292 Views 0 Comments alcohol intake, Institute of Liver & Billiary Sciences, medical treatment, New India Assurance Company, rejecting medical claim The district consumer grievances redressal forum in a recently passed order said moderate consumption of alcohol cannot be used as Read more
IRDA in India IRDAI set to issue permits to a dozen insurers July 25, 2023July 25, 2023 admin 172 Views 0 Comments dozen insurers, insurance licences, IRDAI, life segments, non-life segments The insurance regulator plans to issue about a dozen licences this year, building on last year’s momentum when three companies Read more