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News
Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilution
12+ hour, 9+ min ago (160+ words) MillenniumPost New Delhi: Public sector general insurer Oriental Insurance Company is targeting a return to profit in 2026-27, aided by the planned dilution of part of its stake in NSE through its upcoming initial public offering. The insurer is offering about…...
Indian Bank MD says plan to enter life insurance, MF businesses on track; soon to seek board nod
22+ hour, 43+ min ago (20+ words) CNBC TV18...
IFFCO-TOKIO Strengthens Leadership Team, Elevates Sanjeev Chopra as Director??? Operations
3+ day, 19+ hour ago (432+ words) Delhi/Gurugram, September 10, 2026: IFFCO-TOKIO General Insurance Company Limited (IFFCO-TOKIO GIC), one of India’s leading general insurance companies, has announced the elevation of Mr. Sanjeev Chopra as Director – Operations. In his new role, he will focus on strengthening operational efficiency, governance…...
Jio Financial eyes wider base, targets 100 million customers within the next year
4+ day, 5+ hour ago (176+ words) Jio Financial Services is targeting nearly a four-fold expansion in its customer base to 100 million over the next year as it scales lending, investments, insurance and payments through its digital ecosystem. Jio Financial CEO Hitesh Sethia told CNBC TV18 on the…...
CTP compliance concentrated at one insurer in SIRA’s Q4 update
4+ day, 17+ hour ago (585+ words) The State Insurance Regulatory Authority (SIRA) has published its quarterly regulatory update for the period ending June 30, 2026 – and a single insurer’s compliance record is the standout finding. For context, SIRA’s December 2025 quarterly update recorded three CTP remediation plans commencing across…...
Indian life insurance industry to grow 11-12% in FY27: Emkay Report
6+ day, 1+ hour ago (173+ words) Asianet Newsable For the April-August period, industry retail APE increased around 14 per cent, with private insurers growing 13 per cent and LIC recording 15 per cent growth. LIC's retail weighted received renewal premium (RWRP) market share also improved by around 40 basis points…...
JAB Insurance Launches JAB Institutional, a Next-Generation Growth and Innovation Platform for Insurance and Financial Services
1+ week, 4+ day ago (142+ words) JAB Institutional launches with JAB Re, a reinsurance and capital solutions business; intends to build a financial advisory and wealth management business over time Ramnath Balasubramanian Named Chief Executive Officer of JAB Institutional; Ed Sunoo Named Global Head of JAB…...
IGI Launches Cipher Underwriting Ltd
1+ week, 4+ day ago (257+ words) The latest new thinking from IGI for you; The launch of Cipher represents an important milestone in IGI’s strategy to expand its specialty reinsurance capabilities through the development of focused underwriting platforms in attractive and growing markets. IGI President & CEO…...
Sachin Bansal’s Navi Expands Beyond Lending Into UPI, Insurance, Investments
1+ week, 5+ day ago (745+ words) Navi processed 947 Million UPI transactions worth Rs. 48,318 Crore in July 2026. Prosus invested USD 100 Million in Navi at a reported valuation of about USD 1.3 Billion. Navi plans a Rs. 3,000 Crore IPO after a previous IPO attempt stalled in 2023. Bansal founded Navi…...
Prudential Life Insurance’s new contracts plunge 91% after sales halt
1+ week, 5+ day ago (286+ words) 106 current and former employees were linked to misconduct cases. Prudential Life Insurance Co. Ltd., the Japan unit of Prudential Financial Inc., reported an 84.3% drop in annualised insurance premiums from new contracts in the first quarter of its fiscal year, following…...