Fiscal Year:
 | LIC new premium doubles in June; pushes industry collection to Rs 32,241 crore Life Insurance Corporation (LIC) registered more than two-fold rise in its new premium collection to Rs 26,030.16 crore (US$ 3.61 billion) in June 2019. ... | July 16, 2019 |
| | Relaxing FDI limit in insurance intermediaries to boost distribution: Fitch The Budget proposal of easing foreign investment limit in insurance intermediaries will strengthen distribution capabilities and increase international involvement, particularly from developed mark... | July 16, 2019 |
| | Life insurance new biz premium soars over 41% in May Mumbai: New business premium for India's life insurance industry grew 41.15 per cent year-on-year to Rs 28,395.89 crore (US$ 4.09 billion) in May 2019. ... | June 13, 2019 |
| | ICICI Prudential OFS subscribed 3.9 times; investors bid for 210 mn shares New Delhi: ICICI Prudential’s offer for sale (OFS) which is going to fetch the company Rs 1,683 crore (US$ 233.26 million) was subscribed 3.9 times. ... | March 27, 2019 |
| | Marsh raises stake in Indian JV to 49 pc New Delhi: Global insurance broker Marsh, has raised its shareholding in its Indian joint venture to the maximum FDI limit of 49 per cent from 26 per cent. ... | March 13, 2019 |
| | True North to acquire 51% stake in Max Bupa Health Insurance for Rs 511 cr New Delhi: True North, a private equity (PE) investor, will acquire a 51 per cent stake in Max Bupa Health Insurance Company for Rs 511 crore (US$ 71.80 million). ... | February 27, 2019 |
| | New Delhi: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has received total enrolments of 56.79 million and disbursed a total amount of Rs 2,488.44 crore (US$ 350.80 million) as... | February 13, 2019 |
| | Merger of 3 PSU general insurers to be complete by FY'20 New Delhi: The Government of India is planning to conclude the merger of National Insurance Company, United India Insurance Company and Oriental India Insurance Company by 2019-20.... | February 04, 2019 |
Browse: