Insurance

If You Can't Trust An Insurance Partner For Your Business, This Is For You Natural disasters, fires, mechanical breakdowns etc. threaten both the short term & long term business profitability We’re all surrounded by…

Interview | CreditAccess to enter India life insurance business, hopes to get approvals in the next 6 months CreditAccess India N.V., promoter of microfinance company Credit Access Grameen, plans to enter the lucrative insurance…

Aditya Birla Capital considering selling insurance brokerage unit The publicly-traded company has held talks with porential buyers about a sale of Aditya Birla Insurance Brokers Ltd. as it failed to scale up the 19-year-old…

The ignored need of insurence by small businesses SYNOPSIS As I was thinking about topics for this column, I was in two minds whether to write about the need for insurance for small businesses or not As I was thinking about…

Govt proposes issuance of one licence for all insurance businesses Suggests allowing insurers to sell other financial products The finance ministry has proposed a host of amendments to the insurance laws — from granting…

LIC spurts after Q2 PAT soars to Rs 15,952 cr Life Insurance Corporation of India (LIC) rallied 5.21% to Rs 660.75 after the state-run life insurer reported a standalone net profit of Rs 15,952.49 crore in Q2 FY23, steeply higher…

New business premium for life insurance industry rises 15.32% in October New business premium or the first-year premium of private sector life insurance companies in October grew 11% y-o-y to Rs 8996.45 crore, while state-run LIC…

Insurance regulator Irdai proposes changes to reinsurance regulations Seeks to revise order of preference while placing reinsurance business 'The objective of these regulations is to harmonise the provisions of various…

IRDAI puts restrictions on cross-border reinsurers CBRs don’t have any offices in India and just have to register with the IRDAI to get business through brokers. They normally offer cheaper pricing than other reinsurers.…

Cerity and Thimble team up to provide small business insurance Cerity, a provider of workers’ compensation insurance policies, has teamed up with Thimble to serve small business owners. Cerity aims to empower business owners…