Insurance

GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST Council in its 56th meeting last year had focussed on rate rationalisation and reduction of...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...

Towards Operational Control

The joint venture model of Indian insurance was never a preferred business architecture for foreign players. The Foreign Direct Investment (FDI) cap evolved from...

Liberty Mutual hikes stake in Indian venture to 74%

Liberty General Insurance Ltd. (LGI) commenced operations in 2013. Till September 2025, Liberty Mutual held a 49 per cent stake in Liberty General Insurance,...

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...

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GST Council recommends removal of arrest provisions, other reforms

Next-Gen reforms made as per recommendations of the GST...

AI-related investment support global economic activity: RBI

However, it warned that the downside risk also originates...

Reactions to RBI Monetary Policy

“This move is aimed at anchoring inflation expectations while...

Rate Cuts are off the table: RBI Governor

The Monetary Policy Committee (MPC) of RBI on Wednesday...

Rising inflation leaves little option for RBI

With central banks across the globe hiking the interest...