News
LIC emerges as highest profit-making financial firm in Q4 - www. lokmattimes. com
1+ hour, 2+ min ago (390+ words) Mumbai, May 24 State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making company in India's financial sector during the January-March quarter of FY26, reporting a net profit of over Rs 23, 400 crore. The insurance giant also retained its top position…...
Prudential Plc agrees to buy 75 per cent stake in Bharti Life Insurance - www. lokmattimes. com
1+ week, 2+ hour ago (339+ words) New Delhi, May 17 Bharti Enterprises announced on Sunday that Prudential Plc has agreed to acquire a 75 per cent majority stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd and other selling shareholders. Prudential is an insurer…...
Axis Max Life reports 19% Yo Y growth in Individual Adjusted First Year Premium in FY'26; VNB increases by 26% Yo Y - www. lokmattimes. com
1+ week, 4+ day ago (222+ words) New Delhi [India], May 13: Max Financial Services Limited has recorded consolidated revenue excluding investment income at "38, 039 crores, growing 17% year-on-year in FY'26. The consolidated revenue including investment income stands at "47, 696 crores and consolidated Profit after Tax (PAT) at "106 crores in FY…...
DFS launches $1. 5 billion Bharat Maritime Insurance Pool amid Middle East tensions - www. lokmattimes. com
1+ week, 5+ day ago (355+ words) New Delhi, May 12 In a move aimed at safeguarding India's maritime trade and shipping operations amid escalating tensions in the Middle East, the Department of Financial Services (DFS), Ministry of Finance, on Tuesday launched the "Bharat Maritime Insurance Pool' (BMIP)…...
Affordable insurance, stronger families: PMSBY wins hearts in MP's Burhanpur" - www. lokmattimes. com
2+ week, 1+ day ago (337+ words) Burhanpur (Madhya Pradesh), May 9 The Central government's flagship social security initiative, Pradhan Mantri Suraksha Bima Yojana (PMSBY), is continuing to provide financial protection and relief to common citizens across the country. People have drawn immense benefit from this scheme in…...
Bharti AXA Life Insurance delivers breakout FY26 performance with 44% New Business Premium Growth - www. lokmattimes. com
2+ week, 3+ day ago (115+ words) Mumbai (Maharashtra) [India], May 7: Bharti AXA Life Insurance, one of India's leading private life insurers, today reported a robust performance for the year ended March 31, 2026, marking a strong shift in its growth trajectory. Parag Raja, Managing Director & CEO, Bharti AXA…...
Tax benefit removal under new tax regime hits life insurance sales: Deepak Parekh - www. lokmattimes. com
2+ week, 5+ day ago (494+ words) Mumbai (Maharashtra) [India], May 5: The issuance of new life insurance policies in India has declined following the removal of tax deduction benefits, said Deepak Parekh, Former Chairman of HDFC Bank, highlighting how policy changes under the new tax regime have…...
Govt notifies 100 pc FDI in insurance under automatic route - www. lokmattimes. com
3+ week, 23+ hour ago (327+ words) New Delhi, May 2 The Union government notified 100 per cent foreign direct investment (FDI) in the insurance sector under the automatic route, paving the way for greater participation by overseas investors, according to a report released on Saturday. NDTV Profit has…...
Choosing Family Health Insurance in India: A Simple Checklist for Couples, Kids, and Parents - www. lokmattimes. com
1+ mon, 2+ week ago (356+ words) In this aspect, this blog presents a simple checklist that helps you in choosing the right'family floater health insurance'in India. Coverage policies made for multiple members in families are commonly referred to as a family floater policy. Under this, multiple…...
War-risk insurance costs add to Airlines woes amid West Asia crisis - www. lokmattimes. com
1+ mon, 2+ week ago (541+ words) New Delhi [India], April 3: The ongoing West Asia crisis is beginning to impact aviation economics, with airlines now facing rising war-risk insurance costs. The conflict is not only disrupting global energy markets but also increasing the cost of operating flights…...