2+ hour, 36+ min ago  (233+ words) CNBC TV18 Abu Dhabi National Insurance Company has received regulatory approval to operate a reinsurance branch from India's International Financial Services Centre at GIFT City, according to a company statement released on April 21. The licence, effective April 1, allows the insurer to…...

5+ mon, 4+ day ago  (279+ words) The company said it is drawing on the global expertise of Liberty Mutual Insurance's Surety division, which has been active internationally for more than a century. Liberty General Insurance has launched its surety insurance business in India, introducing products aimed…...

9+ mon, 5+ day ago  (384+ words) Plum, an employee health benefits platform, aims to manage over "10, 000 crore in insurance premiums within five years as it transforms into a comprehensive healthcare company. The firm is expanding beyond group insurance to include preventive care services like health checkups,…...

9+ mon, 1+ week ago  (198+ words) India's life insurance sector reported mixed trends in June, with Axis Max Life showing relatively strong performance both on a monthly and quarterly basis. Companies such as SBI Life and HDFC Life reported year-on-year growth for the first quarter, while…...

9+ mon, 3+ week ago  (138+ words) IRDAI had introduced the Eo M-based framework in FY23, replacing earlier commission limits. The Eo M includes commissions and operational expenses. The Insurance Regulatory and Development Authority of India is expected to retain the Expenses of Management framework for insurers beyond…...

10+ mon, 1+ week ago  (311+ words) The government is likely to drop a key proposal that would have allowed individual insurance agents to tie up with multiple insurers'a move that comes as a relief to major life insurance players like. .. The government is likely to drop…...

11+ mon, 3+ week ago  (254+ words) The Insurance Regulatory and Development Authority of India (IRDAI) had retained the mandatory cession in favour of GIC Re at 4% for FY24a decision that has drawn mixed reactions from the industry. CEOs from leading general and health insurance companies are scheduled…...