All posts tagged "insurance sector"
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Business
Foreign reinsurers can repatriate up to 20 pc of assigned capital: Irdai
October 26, 2022Insurance sector regulator Irdai has allowed foreign reinsurance branches, including Lloyd’s India, to repatriate up to...
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Business
Hiring demand up 15 pc in April with strong recovery in retail sector: Report
May 9, 2022Improving business sentiment has boosted the overall hiring demand which witnessed a 15 per cent year-on-year...
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Business
HDFC Life to buy Exide Life in country’s biggest insurance deal
September 3, 2021India’s largest private insurer HDFC Life Insurance Friday announced that it will acquire 100% stake in...
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Banking
No specific proposal to amalgamate more PSBs under consideration: MoS Finance
August 2, 2021There is no specific proposal to amalgamate more public service banks (PSBs) is currently under consideration...
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FDI
India invites UK companies to invest in insurance sector
July 9, 2021India has invited UK companies to invest in the insurance sector, while Britain offered its London...
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Funding News
Lightspeed leads pre-seed funding round in insurtech start-up BimaPe
June 23, 2021BimaPe, a Mumbai-based insurtech start-up that simplifies insurance for working professionals, has announced its pre-seed capital...
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Business
Finance Ministry notifies rules for 74 pc FDI in the insurance sector
May 21, 2021The government has notified rules pertaining to amended insurance laws that seek to raise foreign direct...
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Business
US lawmakers applaud India’s move to increase FDI in insurance sector to 74%
April 17, 2021Two influential US lawmakers have applauded the Indian government’s move to increase foreign direct investment (FDI)...
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Technology
Skymet launches skAlgeo to pave way for fintech revolution
March 24, 2021Skymet, has launched a digital platform ‘skAIgeo’ (Skymet’s new geospatial avatar,) to provide its 10 years...
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Economy
Insurance stocks zoom up to 12 pc after govt proposes to increase FDI cap in sector
February 1, 2021Shares of companies related to the insurance sector jumped up to 12 per cent on Monday...