Insurance

Ushering In Climate Competitiveness

The anticipated Super El Niño conditions, which are expected to last through a substantial portion of 2026 and into early 2027, have underscored this...

Garuda Aerospace Gets SEBI Nod for IPO

The company has received final observations from SEBI for its proposed IPO. In April, Garuda had filed a confidential Draft Red Hearing Prospectus (DRHP) for...

Smartphone replacement cycle now at 4 years: Xiaomi Official

In an interaction, he said the Indian smartphone market has undergone a structural transformation, with the average device replacement cycle extending from around nine...

Prudential to buy 75% stake in Bharti Life Insurance

The transaction is for an initial cash consideration of Rs 3,500 crore payable on completion. The transaction will be funded from existing resources, the...

Cabinet approves domestic maritime Insurance Pool

The domestic Insurance Pool aims to reduce dependence on foreign insurers (International Group of Protection and Indemnity Clubs) amid global volatility and geopolitical instability, according...

LIC board gives nod for 1:1 bonus issue

LIC said that it would capitalise sum not exceeding Rs. 6324,99,77,010 (Rupees Six Thousand Three Hundred Twenty-Four Crores Ninety-Nine Lakh Seventy-Seven Thousand and Ten...

Rising Freight and Insurance Costs Signal a Deeper Risk to Global Trade

At first glance, the Strait of Hormuz remains open — albeit at significantly higher cost for those willing to bear the risk. But long...

Allianz Jio Reinsurance JV commences operations

Allianz Jio Re received final regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) on 12 March  2026. Based in Mumbai, Allianz...

Prism Johnson exits general insurance JV with Australia’s QBE

Prism said it has entered a share purchase agreement whereby it would sell its 51 per cent stake in Raheja QBE General Insurance Company...

Star Health sees surge in demand, post GST removal

Anand Shankar Roy, MD and CEO, Star Health said the company has seen a 50 per cent rise in demand for new policies since...

Allianz sells stakes in Bajaj insurance ventures

Bajaj Finserv along with Bajaj Holdings & Investment Ltd and Jamnalal Sons Private Ltd acquired 23 per cent stake in its insurance subsidiaries –...

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Ushering In Climate Competitiveness

The anticipated Super El Niño conditions, which are expected...

Garuda Aerospace Gets SEBI Nod for IPO

The company has received final observations from SEBI for...

Smartphone replacement cycle now at 4 years: Xiaomi Official

In an interaction, he said the Indian smartphone market...

TN Revenue Augmentation panel seeks public comments

The Committee, at its first meeting held on 31st...

Alternative-fuel closes in on petrol cars

Overall Passenger Vehicle retail sales came in at 4,16,555...