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Mumbai, April 23 : LIC Housing Finance Company Ltd on Monday said it closed last fiscal with a net profit of Rs 1,989.58 crore.
Kolkata, April 21 : As many as 24 life insurers posted a 11 per cent growth in first year premium income to over Rs 1.93 lakh crore in 2017-18, as compared to about Rs 1.75 lakh crore collected by them in the previous fiscal.
New Delhi , Apr. 11 : Max Life Insurance, one of the leading life insurance companies in India, has been recognised as one of the top 15 'Best Workplaces in BFSI (Banking, Financial Services and Insurance Sector)' in a study conducted by the prestigious Great Place to Work institute.
Mumbai (Maharashtra) , Apr. 11 : HDFC ERGO General Insurance Company, India's third largest non-life insurance provider in the private sector, on Wednesday announced the launch of its AI enabled Chatbot 'DIA' on Amazon's cloud-based voice service, Alexa.
New Delhi , Apr. 03 : SBI Life Insurance Company Limited on Tuesday appointed Sanjeev Nautiyal as its new MD and CEO.
Chennai, March 28 : A curious difference could be seen in the two complaints - one filed this year and the other in 2017 - by government-owned United India Insurance Company with the Central Bureau of Investigation (CBI) relating to loan defaults.
New Delhi , Mar 15 : Aditya Birla Health Insurance Co. Limited. (ABHICL), the Health Insurance arm of Aditya Birla Capital Limited, a significant non-bank financial services company, presents 'Activ Assure'- a health insurance product, key offering from its 'Protection' portfolio.
Kolkata, Feb 27 : Private insurer Bajaj Allianz Life Insurance Company is expecting that the share of Unit Linked Insurance Plans (ULIPs), as a proportion of its total sales, will increase in the coming years, said an official here on Tuesday.
Chennai, Feb 3 : Public sector general insurer, New India Assurance Company Ltd, on Saturday said it has posted a net profit of Rs 617.28 crore for the quarter ended December 31, 2017.
Chennai, Jan 27 : India's largest non-life insurer and central government-owned New India Assurance Company Ltd has the largest capital and surplus in the general insurance industry in the country, the company said citing A.M. Best's credit rating.
Chennai, Jan 11 : In a major relief to private life insurer Sahara Life Insurance, the Securities Appellate Tribunal (SAT) on Thursday quashed the Indian insurance regulator's order transferring the business to rival ICICI Prudential Life Insurance Company Ltd, said Sahara Life in a statement.
Mumbai, Jan 11 : Helped by institutional inflows, HDFC has regained the top spot in mutual fund rankings, overtaking ICICI mutual fund.
New Delhi , Jan 10 : Ever felt frustrated while buying insurance? You are not alone? Insurance has always been difficult for most Indians because of complex policy wordings and lengthy documentation.
New Delhi , Dec.18 : Insurance Regulatory and Development Authority of India (IRDAI) Chairman T S Vijayan on Monday underscored the need to devise health insurance products that are simple and intelligible to the customers, provide coverage to the aged and infirm and those suffering from chronic ailments, bring down distribution costs and ensure that there is no profiteering to the detriment of the insured.
Chennai, Dec 18 : India's insurance regulator on Monday extended the time to link Aadhaar number to insurance policies till March 31, 2018.
New Delhi , Dec 12 : In a first ever partnership in enterprise mobility, Vodafone and Aviva Life Insurance have announced the RED Protect, a mobility plan integrated with life insurance with sum assured worth up to 20 years of the monthly rental.
Chennai, Dec 11 : Apollo Munich Health Insurance Company Ltd plans to expand by opening around 40 branches a year over the next two-three years, a company official said on Monday.
New Delhi, Dec 5 : Life Insurance Corp of India (LIC) on Tuesday reported a rise of 11.95 per cent in its total premium income for the first six months of the current fiscal.
New Delhi Nov 13. : Among India's leading health insurance players, Max Bupa, on Monday announced the launch of Max Bupa AnyTimeHealth (ATH) machines to propel health insurance penetration in the country.
New Delhi , Nov. 6 (ANI-NewsVoir): Apollo Munich Health Insurance Company, a joint venture between integrated healthcare provider, Apollo Hospitals Group, and the Munich Re Group was conferred with the 21st Asia Insurance Industry Awards in the "General Insurance Company of the Year" category.
New Delhi , Sep 28 : India is the Cardio Vascular Disease capital of the world. It is a real problem we Indians are living with. Every minute 4 people succumb to the disease.
New Delhi , Sept.14 : Edelweiss Tokio Life Insurance, a joint venture between the Edelweiss Group and Tokio Marine Holdings of Japan, today launched Edelweiss Tokio Life - Smart Lifestyle - a Non-Linked Participating Endowment Life Insurance Plan, aimed to take care of one's multiple needs.
New Delhi, Aug 22: Through yet another customer first initiative, Max Life Insurance, one of the leading life insurers of India, has been able to reduce the unclaimed overdue amount to customers to just Rs. 50 cr. as on 31st March 2017 as compared to Rs. 213 cr. a year ago.
Gorakhpur (Uttar Pradesh) , Aug 12 : In a development indicating clear negligence by the hospital authorities, a letter by the oxygen supply department in the Gorakhpur's Baba Raghav Das Medical College's hospital warning about shortage has been recovered.
New Delhi , May 24 (ANI-Businesswire India): Aviva Heart Care has been voted as Product of the Year 2017, for product innovation in the insurance category.
New Delhi , May 23 : Acko General Insurance on Tuesday received it's in principle regulatory clearance to launch a General Insurance business in India. In a regulated business, Acko raised USD 30 million.
New Delhi , Apr 12 : One-stop online marketplace providing technology enabled end-to-end solutions to financing needs of individuals and SMEs Rubique has extended its product portfolio to insurance.
New Delhi , Apr 8 : Aditya Birla Health Insurance Company Ltd. (ABHICL) launched a unique campaign '#JumpForHealth' on the occasion of World Health Day to reinforce its belief in empowering people to live a healthy lifestyle.
New Delhi , Apr 5 : TATA AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company has been conferred the 'iAAA' rating (pronounced as I triple A) for their Claims Paying Ability by the rating agency ICRA.
New Delhi , Apr. 4 : Credit rating body ICRA awarded Tata AIG General Insurance Company Limited, one of India's leading private sector General Insurance Company, with 'iAAA' rating for its claims paying ability.
New Delhi , Mar 23 : Indian's are big dreamers, but when it comes to financial planning they lag behind by a distance reveals Aviva Plan India Plan survey 2017, a one of its kind survey conducted by Aviva Life insurance. However, millennial are better financial planners, while women are catching up fast with men on financial awareness and planning.
New Delhi , Mar 15 : Future Generali India Insurance Company Limited (FGII), a joint venture between Future Group - the game changers in Retail Trade in India and Generali - a 186 years old global insurance group, has entered into a corporate agency tie-up for its products with UCO Bank, one of the Government owned commercial banks in India. Through the tie-up, Future Generali will offer its health and PA, motor, travel, home and rural insurance products across 3050 branches of UCO bank.
New Delhi , Mar. 9 : Amidst major disruption in the business environment brought about by technology, experts at FINCON 2017, the 18th annual insurance conference organised on Thursday by Federation of Indian Chambers of Commerce and Industry (FICCI) stated that the insurance industry has seen a significant rise in growth rate.
New Delhi , Feb. 6 : Edelweiss Tokio Life Insurance, the joint venture between the Edelweiss Group and Tokio Marine Holdings of Japan, has been conferred the Winner - Best Life Insurer 2016, at the prestigious Outlook Money Awards. The annual award ceremony in its 15th year was held in Mumbai on January 24, 2017, and was graced by Member of Parliament, Dr. Murli Manohar Joshi.
New Delhi , Jan 30 : Future Generali India Insurance company ltd., a joint venture between Future Group - the game changers in Retail Trade in India and Generali a 186 years old global insurance group, has entered into a corporate agency tie-up for its products with Bank of Maharashtra, one of the leading Public Sector banks in India. With this association, the banks' customers will be able to avail motor, home, shopkeeper and rural insurance products at any of the 1,896 branches of the bank.
Mumbai, Jan 24 : India's only listed life insurer, ICICI Prudential Life Insurance Company Ltd. (ICICI Prudential Life), a joint venture between ICICI Bank Ltd and Prudential Corporation Holdings Limited, reported its performance for the period ended December 31, 2016 on Tuesday.
New Delhi , Jan 9 : HDFC ERGO General Insurance Company, India's third largest non-life insurance provider in the private sector, announced the launch of its new policy for corporate, the Trade Credit Insurance Policy.
Mumbai (Maharashtra) [India], Nov. 2 (ANI- Business Wire India): Tata AIA Life Insurance today announced the launch of 'Revive', an initiative to reinstate lapsed insurance policies.
Bangalore (Karnataka) , Oct.7 (ANI-Businesswire India): Exide Life Insurance, an established and profitable Life Insurance Company, today announced the launch of Exide Life Sanjeevani. Exide Life Sanjeevani is first fixed benefit health insurance solution by a life insurance company offering comprehensive coverage against all prevalent Heart and Cancer related conditions.
Mumbai , Sept.21 : HDFC ERGO General Insurance Company, India's leading private sector General Insurance Company, showcased the new comprehensive web enabled HDFC ERGO Community portal - accessible at https://community.hdfcergo.com/ - for the consumers and the stakeholders of general insurance sector.
Kolkata, Sept 9 : HDFC ERGO General Insurance Company Limited (HDFC ERGO), a private non-life insurance company, has completed the acquisition of 100pc shares of L and T General Insurance Company Limited (L and T Insurance) for Rs. 551 crores.
New Delhi, July 5 : India's leading online insurance portal Coverfox.com launched humorous microfilms to engage people to renew their insurance through a campaign created by BBH India.
Pune, June 9 : Private life insurers, Bajaj Allianz Life Insurance has reported nearly 7pc growth in new business to Rs 2,885 crore in financial year 2015-16, as against Rs 2,702 crore in FY15.
New Delhi, May 11 : HDFC ERGO General Insurance Company, one of India's leading private sector general insurance companies, has announced the launch of a one of its kind 'community' platform for public.
Kochi, Apr 7 : Muthoot Finance has joined hands with Liberty Videocon General Insurance to provide a comprehensive home insurance policy 'Muthoot Home Protector' for its customers, with premium starting at Rs. 500.
Mumbai, Mar 7 : SBI Life Insurance, on the occasion of International Women's Day, launched 'SBI Life-Smart Women Advantage' plan, a women centric insurance plan, specifically crafted keeping in mind the needs of a woman.
Kolkata, Jan 28 : Kotak Mahindra Old Mutual Life Insurance Limited (Kotak Life Insurance), on Thursday announced the launch of Kotak Premier Life Plan.
New Delhi, July 24 : Axis Mutual Fund, one of the premier asset management companies in India, announced the launch of Axis Equity Saver Fund, an open ended equity scheme which would endeavour to generate capital appreciation and income distribution, by investing in multiple asset classes-equity, hedged equity (arbitrage opportunities) and debt.
Kolkata, July 8 : Peerless Funds Management Co Limited (PFMCL), Investment Manager to Peerless Mutual Fund, on Wednesday announced Beti Shiksha Abhiyaan-a first of its kind corporate initiative to empower the daughters of the country.
Kolkata, June 8 : HDFC Life, India's leading long term private life insurance solutions provider on Monday announced the launch of HDFC Life Cancer Care, a health plan that provides financial support on diagnosis of early or major stages of cancer.
New Delhi, May 19 : Star Union Dai-ichi Life Insurance Company Limited (SUD Life) announced the launch of 'SUD Life Assured Income Plan'-non-linked non-participating Guaranteed Return Endowment Assurance Plan which offers customers the best of both the worlds.
Thriuvanathapuram, Apr. 2 : Bharti AXA General Insurance (GI) Company Ltd. has launched 'Smart Traveller' that offers global coverage for students, individuals, families and frequent travellers.
New Delhi, Mar 24 : Aviva Life Insurance, on Tuesday, announced the launch of Aviva Extra Cover - a combination of two of its online plans, Aviva i-Life (term) and Aviva Health Secure (critical illness).
New Delhi, Feb 5 : Max Life Insurance, a life insurance company, continued its growth journey during the first 9 months of the Financial Year 2014-15.
Mumbai, Feb 3 : SBI Life Insurance on Tuesday announced a net profit after tax of Rs. 156 crores for the quarter, an increase of 43pc .
Kolkata, Jan 22 : Max Life Insurance, one of India's leading life insurance companies, has undertaken a digital campaign named 'Second Chance' to create public awareness about the need for protection through life insurance.
Kolkata, Mar 13 : Future Generali India Insurance, a joint venture between Future Group - the leading retailer of India and Generali - the global leading insurer, has posted a profit of Rs. 28.4 crore for 9 months ended December 31, 2013.
Bangalore, Feb 18 : Future Generali India Insurance, a global insurance group, on Tuesday announced that it launched the Rashtriya Swastha Bima Yojana (RSBY) programme in Amalapur, Bidar District, Karnataka on Sunday.
Mumbai, Feb 12 : Aviva Life Insurance on Wednesday announced the launch of their new TVC with their brand ambassador Sachin Tendulkar.
Kolkata, Feb 5 : Reliance Life Insurance, which is a part of the Reliance Capital, has launched 'Reliance Super Money Back Plan' that provides periodic guaranteed money back pay-outs and a monthly income along with life cover.
New Delhi, Jan 28 : Reliance Life Insurance, part of Reliance Capital, has launched its new offering 'Reliance Super Money Back Plan', a traditional non-participating plan that provides periodic guaranteed money back pay-outs and a monthly income along with life cover.
By Anuradha Dutta, Kolkata, Jan 15 : Insurance agency, Ideal Insurance recently hosted the workshop, 'Women Entrepreneurs-The Game Changers', to provide guidance to women entrepreneurs on skills required to overcome work stress and challenges, consolidate and scale-up a business and maintain balance between professional and personal life, here.
Mumbai, Jan 13 : Long term private life insurance solutions provider HDFC Life, on Monday announced the launch of 'HDFC Life Super Income Plan', a new traditional, with profits plan under the savings category.
Kolkata, Oct 10 : Future Generali India Life Insurance Company, the insurance joint venture between Future Group of India and Generali Group of Italy, has launched Future Generali Pearls Guarantee, a non-linked, non-participating life insurance plan with limited premium payment term and guaranteed cash back.
Kolkata, July 24 : : Reliance Life Insurance Company (RLIC), which is a part of Reliance Capital Limited, has embarked upon a pan-India drive to fight against spurious calling by fraudsters and miscreants.
Kolkata, July 7 : After facing a number of challenges in recent years, the insurance sector is confident that 2013 is likely to be a year of transition and will be determined by the views and strategies of individual companies.
Kolkata, 20 June : Credit health improvement company Credit Sudhaar has tied up with general insurance company TATA AIG to introduce its Titanium service which will offer unique insurance plans to cover daily lifestyle related worries of its clients.
New Delhi, Apr 12 : Aviva Life Insurance on Friday urged people to raise their voices for street children through 'Louder Together'- a campaign with their global charity partners, the Consortium for Street Children to establish an annual International Day for Street Children on Apr 12 each year.
Mumbai , Apr 8 : Leading life insurance company IndiaFirst Life on Monday announced it has reported a growth of 34pc in FY 2012-13.
New Delhi, Mar 26 : Birla Sun Life Insurance (BSLI), the life insurance arm of the Aditya Birla Financial Services Group, has announced the launch of its new traditional participating endowment plan, 'BSLI Vision Regular Returns Plan'.
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