All posts tagged "Life Insurance"
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Industry
Government wants swift review of LIC’s prospectus for India’s largest IPO
January 29, 2022The Indian government has urged regulators to swiftly review Life Insurance Corporation’s draft prospectus ahead of...
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Industry
Private life insurers spike rates for second time in current fiscal
December 23, 2021The life insurance industry is witnessing a hike in rates, by top private life insurers, for...
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Banking
LIC gets RBI nod to raise stake in Kotak Mahindra to nearly 10%
November 29, 2021Kotak Mahindra Bank on Monday announced that Life Insurance Corporation (LIC) has received approval from the...
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Industry
Centre likely to provide life insurance and accident covers to over 430 million: Finance Ministry
August 28, 2021Following the success of the Pradhan Mantri Jan-Dhan Yojna (PMJDY), the government is considering providing life...
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Industry
Insurers demand re-pricing of Corona Kavach and Corona Rakshak, high claims payouts turn into loss
August 1, 2021COVID-19 insurance policies Corona Kavach and Corona Rakshak have become loss-making products for most insurers, prompting...
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Business
LIC IPO: Govt likely to invite bids from merchant bankers this month
July 4, 2021The government is likely to invite bids from merchant bankers this month for managing LIC disinvestment...
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Industry
Life Insurance companies record 5-10 fold spike in claims for April 2021 related to COVID-19 deaths
June 14, 2021For the month of April 2021, life insurance companies have recorded 5-10 fold spike in claims...
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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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Industry
India’s insurance sector headed for transformation in second wave of COVID-19 pandemic
May 10, 2021The insurance sector has been able to grow at healthy 9.2% in 2020-21 with the growth...
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Business
Aegon Life introduces Work from Anywhere Policy for its employees
April 1, 2021Aegon Life is leaning in to the new normal by introducing a Work from Anywhere (WFA)...