Thursday, February 25, 2021

Insurance

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LIC News

Financial sector players suggest ‘Aatmanirbhar bonds’, special tax breaks for insurance in upcoming budget

News Desk - 0
From asking government to issue tax free “Aatmanirbhar bonds” to retail investors in these pandemic times to allowing special tax breaks under Section...
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LIC News

IDBI Bank QIP to raise ₹6,000 crore opens

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Our BureauThe Qualified Institutions Placement (QIP) committee of IDBI Bank’s board of directors has authorised the opening of the bank’s QIP issue on...
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LIC allows online switching of Ulips

LIC News News Desk - 0
To help policyholders during the pandemic, the national life insurer LIC has allowed them to switch online funds under ulip policies through...

Air India divestment: Date for qualified bidders extended to January 5

LIC News News Desk - 0
The...

First-year premium for life insurers down 27% in November

LIC News News Desk - 0
First-year premium for life insurance companies declined in November by almost 27 per cent after months of positive growth, with both private sector...

Kotak shares valuable information for investors | Yes Bank, Bandhan Bank, Tata Power, FPIs, MFs

LIC News News Desk - 0
Kotak Institutional Equities highlights ownership Navigator, sequential changes in September 2020 quarter. The September 2020 quarter witnessed Rs 469 bn of buying by...

PRODUCT

Health Insurance

IRDAI sets up panel to examine availability of health insurance products

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Regulator...
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Health Insurance

Growth in health insurance segment slows as fear of Covid-19 subsides

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After...
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Health Insurance

Lower non-Covid health claims silver lining for general insurers

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Faced with muted growth in premium and high Covid claims, general insurance companies are hopeful that lower number of non-Covid related health insurance...
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Technology

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Insuretech

Insuretech

This insurtech alleges its venture backer founded and funded a copycat: a founder’s “nightmare”

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Relationships can be messy, including between startup founders and their venture investors. But in a case that takes messy to an extreme, an...
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Guy Carpenter appoints new head of Japan

Insuretech News Desk - 0

All about automation: A deep dive into automation for a great cause

Insuretech News Desk - 0
All proceeds from the Appian-produced book will be donated to Black Girls Code, which provides...

General News

Covid-19: Oman postpones collecting tourism tax till next year

GCC News Desk - 0
MUSCAT: Oman has postponed the collection of tourism tax from hotels until the first quarter of next year, Minister of Tourism said on...
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Exclusive: Indian Army destroys Pakistani Army posts along LoC

Asia News Desk - 0
The Indian Army opened fire at the Pakistani troops while responding to an unprovoked ceasefire violation in Rajouri and Poonch sectors of Jammu...
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China Dismisses European Union Report On COVID-19 Disinformation And Says, False Accusation

World News Desk - 0
China said that they never relied on "disinformation" to improve their image (Representational)Beijing: Beijing dismissed on Thursday a European Union report charging China...
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Supreme Committee takes decisions according to epidemiological data: Health Minister

GCC News Desk - 0
Muscat: Dr Ahmed bin Mohammed al Saidi, Minister of Health, member of the Supreme Committee tasked with tackling developments resulting from Coronavirus (Covid-19)...
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Church to adopt stern steps against Sr. Lucy

Asia News Desk - 0
The authorities of St. Mary’s Province of the Franciscan Clarist Congregation (FCC) are adopting stern steps against Sister Lucy Kalappura, who had raised...
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Business News

GCC

Saudi Arabia’s private sector business activity shrinks further in June

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INTERVIEW: All eyes on Starzplay as lockdown reaps rewards

GCC News Desk - 0
Mazen Sheikh has had a good lockdown. The founder and CEO of Starzplay, the Middle East’s leading entertainment streaming channel, saw his business soar...

Photographs of those violating UAE’s Covid-19 precautionary measures published

GCC News Desk - 0
The fines issued ranged from Dhs2,000 to Dhs10,000. Salem Al Zaabi, the acting director of the Federal Emergency, Crisis and Disasters Prosecution...

Are you scared of losing your job? These Abu Dhabi residents are not

GCC News Desk - 0

Law & Regulation

India Laws

Axis Bank Gains Over 3% On Getting Nod For Stake Purchase In Max Life Insurance

News Desk - 0
<!-- -->At 10:00 am, the shares of Axis Bank were trading higher by 3.61 per cent on the BSEAxis Bank shares gained more...
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IRDAI approves Axis-Max Life deal

India Laws News Desk - 0
The Insurance Regulatory and Development Authority of India (IRDAI) has approved ’s proposal to acquire 12% stake in Max Life along its subsidiaries...

Nihar N Jambusaria elected ICAI President

India Laws News Desk - 0
The CA Institute appointed its new President Nihar N Jambusaria on Friday. He has been elected as President of the Institute of Chartered...

RBI’s intervention drives down 10-year bond yields to 6% level

India Laws News Desk - 0
The...

Articles

Articles

Why investors are stuck with flawed VAR models

News Desk - 0
This is the third in a series of articles connected to our buy-side risk survey. Click here to read the rest of the...
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Articles

How insurance firms can fulfill European retirement needs

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More than 40 years of declining mortality rates in Europe combined with an aging population...
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Articles

Why now is the time to stress-test your industrial supply chain

News Desk - 0
This article was a collaborative effort among Brian Anstey, Cengiz Bayazit, Yogesh Malik, Asutosh Padhi,...
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LATEST ARTICLES

Asia

Irdai notifies guidelines for standard personal accident insurance

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The Insurance Regulatory and Development Authority of India (IRDAI) has directed all general and health insurance companies to mandatorily offer a...
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Asia

Max Life Insurance achieved highest claim settlement ratio of 99.22% in 2019-20

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Max Life Insurance on Thursday said it has settled individual claims worth over ₹562 crore in 2019-20, and attained a...
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Company

Bharti AXA Life boosts protection cover segment to expand footprint

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In...
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Asia

Chhattisgarh Naxal violence | Fifty four security personnel died in two years, 120 ultras killed

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The details were given by State Home Minister Tamradhwaj Sahu in a written reply in the Assembly, while responding to a question raised...
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Asia

LIC IPO: LIC IPO process has begun, all structures put in place, says MD

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The Indian equity market is in for some very good times henceforth, says Vipin Anand, MD, LIC. Do you really see the rally continuing...
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Asia

Private Banks Can Get Govt Business, Embargo Lifted, Says FM Sitharaman

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The Centre has lifted the restrictions on the grant of government businesses to private banks, Finance Minister Nirmala Sitharaman announced...
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Asia

Edelweiss General Insurance ties up with Okinawa Autotech

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Edelweiss General Insurance (EGI) has joined hands with Okinawa Autotech Pvt Ltd, electric two-wheeler manufacturer, to offer e-bike insurance to its...
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Asia

Bharti Airtel raises $1.25 bn through issue of dual tranche $ bond offering

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Bharti...
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India Laws

Axis Bank Gains Over 3% On Getting Nod For Stake Purchase In Max Life Insurance

News Desk - 0
<!-- -->At 10:00 am, the shares of Axis Bank were trading higher by 3.61 per cent on the BSEAxis Bank shares gained more...
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Asia

Max Financial Stock Hits A Record High As Analysts Up Targets After Axis Deal

News Desk - 0
Shares of Max Financial Services Ltd. jumped to a record high as analysts raised price targets after the insurance regulator approved Axis entities’...
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Irdai notifies guidelines for standard personal accident insurance

Asia News Desk - 0
The Insurance Regulatory and Development Authority of India (IRDAI) has directed all general and health insurance companies to mandatorily offer a...
Read more

Max Life Insurance achieved highest claim settlement ratio of 99.22% in 2019-20

Asia News Desk - 0
Max Life Insurance on Thursday said it has settled individual claims worth over ₹562 crore in 2019-20, and attained a...
Read more

Bharti AXA Life boosts protection cover segment to expand footprint

Company News Desk - 0
In...
Read more

Chhattisgarh Naxal violence | Fifty four security personnel died in two years, 120 ultras killed

Asia News Desk - 0
The details were given by State Home Minister Tamradhwaj Sahu in a written reply in the Assembly, while responding to a question raised...
Read more
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