» 2019-06-25

The ministry of agriculture and farmers’ welfare has clarified that no decision has been taken to make the Pradhan Mantri Fasal Bima Yojana or the PM Crop Insurance Scheme voluntary. […]

» 2019-06-19

HDFC said it has agreed to buy a 51% of Apollo Munich Health Insurance Company Ltd for around Rs 1,347 cr. Apollo Munich will be merged with HDFC’s general insurance […]

» 2019-04-16

Content curator and music label Saregama said it received an amount of Rs 32.18 crores from the National Insurance Company Ltd in compensation for the loss of stocks of its […]

» 2019-04-11

IT firm Tata Consultancy Services (TCS) said it has been selected by one of the largest insurers in the United Kingdom, Ageas UK, to transform its digital infrastructure. Headquartered in […]

» 2019-04-02

Mangalore-headquartered Karnataka Bank on Tuesday said it has agreed to distribute insurance products from Bharti Axa General Insurance Ltd. The private sector bank will provide a wide range of life […]

» 2019-03-18

ICICI Lombard, one of India’s leading private sector general insurance companies, said it has entered into a strategic partnership with one of India’s largest retail payment platform MobiKwik to provide […]

» 2018-11-29

Tata Consultancy Services (TCS) said it will deploy an enhanced policy management solution for Phoenix Group, Europe’s largest life and pensions consolidator and a TCS client of 12 years. The move […]

» 2018-06-26

Italian insurer Generali Group said it will increase its stake in Future Generali, its insurance joint venture with Future Group of India, to 49% from 25.5% at present at a […]

» 2018-01-28

Majesco, the India-based provider of IT solutions to the insurance industry, said its subsidiary has been sued by a customer in the US for $10 mln (Rs 64 cr). In […]

» 2018-01-12

Tata Consultancy Services said it will take over the policy administration and customer service functions of US insurer Transamerica along with 2,200 of its employees in a $2 bln-plus, multi-year […]

» 2017-12-22

The total amount raised via initial public offering of equity shares in the first eight months of the current financial year is more than the total proceeds raised in the […]

» 2017-11-10

Housing Development Finance Corporation Ltd or HDFC said the initial public offering of its life insurance unit HDFC Standard Life Insurance has been priced at the upper end of Rs […]

» 2017-10-16

Mahindra Finance said global insurance major XL Group will take a 20% stake in its subsidiary Mahindra Insurance Brokers Ltd, including the 15% currently held by LeapFrog Financial Inclusion Fund. […]

» 2017-10-12

Reliance Capital said the IPO of its subsidiary Nippon Life Asset Management will open on Oct 25 and close on Oct 27, with a price band of Rs 247 to […]

» 2017-10-04

AU Small Finance Bank has tied up with Aditya Birla Health Insurance to to distribute the latter’s health insurance products. The bank will act as a corporate agent, it said. […]

» 2017-03-24

The drivers and staff of all vehicles classified as ‘transport’ will be brought under the definition of ‘third party’ in third party insurance policies, the finance ministry said today. This will […]

» 2017-03-21

After keeping the move on hold for three months due to the elections, the Employees’ Provident Fund Organization has cut its administrative charges on the funds it manages to 0.65% […]

» 2016-05-02

The government of India today said that Tube Investments, a part of the Murugappa Group, withdrew its proposal seeking approval for the sale of the 14% equity it held in […]

» 2015-08-06

Life insurer HDFC Life said it will start selling insurance policies using the Common Services Centre (CSC) network set up by the govenrment. The company has designed HDFC Life CSC […]

» 2015-07-27

Life Insurance Corporation of India, India’s biggest life insurer, continued to lose new business to private sector players, particularly ICICI Prudential and HDFC Standard, last financial year, according to industry […]

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