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News
GIC Re Q1 Results: Domestic Growth Meets Regulatory Hurdles
5+ hour, 54+ min ago (275+ words) Whalesbook The General Insurance Corporation of India (GIC Re) announced its financial results for the first quarter of the 2027 financial year on August 13, 2026 The companyâs net earned premium remained steady at â¹11,081 crore compared to the same period last…...
Bajaj General Insurance, Swiss Re Sign Deal For Commercial Insurance
1+ week, 5+ day ago (260+ words) whalesbook.com Bajaj General Insurance has signed a memorandum of understanding with Swiss Re Corporate Solutions to create a strategic partnership in the Indian commercial insurance market The collaboration intends to provide structured risk solutions, helping large corporations manage complex…...
Prudent Corporate Eyes 20% Growth in MF Business for FY27
3+ week, 4+ hour ago (280+ words) Whalesbook Ahmedabad-based Prudent Corporate Advisory Services is targeting a revenue increase of more than 20% within its mutual fund division for the 2026-27 financial year This growth target comes despite a recent shift in regulatory norms by the Securities and Exchange Board…...
SBI Life Reports 36% APE Growth In Q1 FY27
3+ week, 23+ hour ago (322+ words) Whalesbook SBI Life Insurance Company Limited reported a strong start to the new financial year, with its recent quarterly results showing growth across key performance metrics This 36% year-on-year increase highlights an acceleration in new policy sales, a primary driver for…...
Nomura Retains Positive Outlook on SBI Life After Q1 Results
3+ week, 1+ day ago (305+ words) Whalesbook Nomura has reaffirmed its positive stance on SBI Life Insurance, keeping its price target at â¹2,440 following the company's first-quarter financial results The update comes as the insurer navigated a quarter marked by pressure on its Value of New…...
Turtlemint Eyes MGA License for Greater Product Flexibility
4+ week, 1+ day ago (292+ words) Whalesbook Turtlemint Fintech Solutions is preparing to expand its operational role in Indiaâs insurance sector by seeking a Managing General Agent (MGA) license This strategic step follows recent legislative changes that officially recognized MGAs as a new category of…...
India Life Insurance New Business Premiums Hit ₹4.59 Lakh Crore
1+ mon, 20+ hour ago (253+ words) Whalesbook The Indian life insurance sector has reported a significant performance milestone, with new business premiums reaching â¹4.59 lakh crore during the 2025-26 fiscal year This figure represents a 15.7% increase compared to the previous year Regulatory Impact and Industry Outlook Recent policy…...
ICICI Pru Life Confirms Partnership Stability With Standard Chartered
1+ mon, 1+ day ago (278+ words) Whalesbook ICICI Prudential Life Insurance has moved to address concerns regarding its distribution network following reports that UK-based Prudential Plc plans to end its promoter status Chief Financial Officer Dhiren Salian stated that the insurerâs decade-long bancassurance alliance with…...
Former Microsoft Director Raheel Khawaja Launches Real Estate and Insurance Firms
1+ mon, 3+ day ago (252+ words) Whalesbook The tech industry continues to see professionals transition from corporate roles to independent ventures following large-scale restructuring efforts Raheel Khawaja, a former director and operations lead at Microsoft, has officially launched two businesses after his departure from the company…...
Prism Johnson Exits General Insurance Business After Share Sale
1+ mon, 2+ week ago (333+ words) Prism Johnson Limited has completed the sale of its stake in Raheja QBE General Insurance to QBE Holdings. The company has exited the general insurance sector, simplifying its business structure. Prism Johnson Limited has finalized the sale of its entire…...