• Tag results for insurance

Insurer Aviva India turns to state-run banks on recapitalisation plan boost

Aviva Plc's India life insurance joint venture is raising its exposure to the country's state-run banks as it bets the government's $32 billion plan to rescue lenders burdened with record bad loans.

published on : 23rd November 2017

SBI Life Insurance Co. bets on metals, oil and gas sectors for investment growth

SBI Life Insurance Co. Ltd has increased investments in the metals, oil and gas sectors as a rise in energy and metals prices is set to drive growth in commodity stocks.

published on : 23rd November 2017

Magma HDI to focus on health insurance

In an attempt to expand its insurance business in India, Magma HDI General Insurance, will enter the health insurance segment by focusing on new products and tapping new consumers.

published on : 23rd November 2017

Government funded health insurance scheme has little impact, finds study

The study that used Chhattisgarh as test case found that over 95 percent of those covered could not fully avail cashless hospitalisation in private hospitals.

published on : 22nd November 2017

HDFC Life shares buck trend, soar on debut after $1.3 billion IPO

The gains were aided by an upgrade of India's sovereign bond rating on Friday by Moody's, which lifted the main Mumbai market index up 1 percent.

published on : 17th November 2017

8500 students of Bangalore University to get health insurance cover

OVER 8,500 students of various post-graduate courses at Bangalore University’s Jnana Bharathi campus will be offered health insurance benefits in near future.

published on : 16th November 2017

Life Insurance Corporation of India launches cancer cover policy

The Life Insurance Corporation of India (LIC) has announced the launch of a cancer cover as a health insurance policy with sum assured ranging from Rs 10 lakh to Rs 50 lakh.

published on : 15th November 2017

SBI Q2 net up at Rs 1840 crore; standalone profit slips by 37.9 per cent

SBI's profit declined by 37.9 per cent to Rs 1,581.55 crore, from Rs 2,538.32 crore on account of rise in bad loans.

published on : 10th November 2017

Linking Aadhaar with insurance policies mandatory: IRDAI

In a communication to all life and general insurance companies, Irdai said the rules have "statutory force" and as such they have to implement them without awaiting further instructions.

published on : 8th November 2017

‘Aawaz’, insurance scheme rolled out for migrant labourers

The government on Wednesday rolled out ‘Aawaz,’ a unique health insurance scheme for migrant labourers in the state.

published on : 2nd November 2017

HDFC Life fixes Rs 275-290 price band for its Rs 8,700 crore IPO

The private insurer's Initial Public Offer will open on November 7 and close on November 9.

published on : 30th October 2017

New India Assurance Co. Ltd set to launch IPO on November 1

State-owned New India Assurance Co. Ltd (NIA) on Sunday said it is set to launch its `9,600 crore initial public offering (IPO) on November 1. 

published on : 30th October 2017

SBI General Insurance net rises to Rs 251 crore

SBI General Insurance net profit soared to a massive `251 crore in September quarter, helped by `170 crore income from its reinsurance portfolio, against `5.5 crore in the year-ago period.

published on : 30th October 2017

Surge in IPOs will bring maturity to the sector: Mahesh Balasubramanian

The general insurance industry has since its inception, by and large, struggled with issues such as unsustainable pricing.

published on : 30th October 2017
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