Health Insurance News Prudential plans health insurance venture in India September 30, 2023 admin 282 Views 0 Comments health insurance, ICICI Bank, non-life venture, Prudential plans London-based Prudential is looking to set up a health insurance venture in India. The company, which is in a partnership Read more
Legal News Fake licences: Renewal won’t make it valid September 30, 2023 admin 157 Views 0 Comments Fake licences, INSURANCE POLICY, New India Assurance’s, renewal Akshay Deep Singh, the owner of a TATA LPT-909 vehicle, had his vehicle covered under an insurance policy purchased from Read more
Government appoints R Doraiswamy as LIC MD - 1 Life Insurance News Govt appoints R Doraiswamy as LIC MD September 29, 2023 admin 186 Views 0 Comments assumption, LIC, LIC MD, managing director, R Doraiswamy LIC said the government has appointed R Doraiswamy as the managing director. Doraiswamy is currently the executive director at the Read more
Life Insurance News LIC net profit jumps to Rs. 9,543 crore in Q1 September 29, 2023 admin 138 Views 0 Comments income, LIC, net profit, premium LIC’s has reported a standalone net profit at Rs 9,543.71 crore for the quarter ended June as against a profit Read more
Life Insurance News SBI Life net up 45% on rise in renewal premium September 28, 2023 admin 134 Views 0 Comments persistency, profit, RENEWAL PREMIUM, SBI LIFE INSURANCE SBI Life Insurance reported a 45 per cent increase in its net profit for the quarter ended June to Rs Read more
Life Insurance News Max Life appointed lead insurer for Uttar Pradesh September 28, 2023 admin 315 Views 0 Comments financial awareness, IRDAI, LEAD INSURER, Max Life Insurance Company Ltd., state insurance plan Max Life Insurance Company Ltd. has been designated as the "Lead Insurer" for Uttar Pradesh by the IRDAI. This move Read more
862112046 Life Insurance News 1 held for Rs. 43 lakh insurance claim fraud September 27, 2023 admin 203 Views 0 Comments Amdanga, Bidhannagar police, Fraud, insurance claim A fraudster who used to dupe investors promising to revive their old insurance policies was arrested by Bidhannagar police. Sohel Read more
Life Insurance News LIC acquires 6.66% stake in Jio Financial Services through demerger process September 27, 2023 admin 222 Views 0 Comments Jio Financial Services, LIC, Mukesh Ambani, Reliance group LIC said it has acquired 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of Read more
IRDA in India IRDAI moves towards risk-based capital regime September 26, 2023 admin 147 Views 0 Comments 'Technical Guidance', capital regime, First Quantitative Impact Study, Risk-based capital framework IRDAI has taken the first step towards introduction of risk based capital framework and wants insurers to assess potential impact Read more
IRDA in India CCI refuses to interfere in IRDAI’s regulatory functions September 26, 2023 admin 139 Views 0 Comments Competition Commission of India, Indian Institute of Insurance Surveyors and Loss Assessors, IRDAI and IIISLA, IRDAI's regulatory functions In a significant ruling, the Competition Commission of India (CCI) has refused to interfere in IRDAI’s regulatory functions, disposing off Read more