Board Approval Planned for New Businesses Indian Bank is preparing to expand beyond its traditional banking operations by entering the life insurance and asset management businesses, marking a significant move to broaden its presence across India’s financial services sector. The public sector lender is expected to seek approval from its...
Tatsuya Fujimoto has been appointed Managing Director and CEO of IFFCO-TOKIO General Insurance after serving in senior operational and risk-management roles.
IFFCO-TOKIO insurance officials assess flood-related damage as the company settles more than 100 motor and non-motor claims in flood-affected areas of Gujarat and Maharashtra.
Traffic police officer uses a handheld device to verify a vehicle’s third-party insurance at an Indian highway toll plaza equipped with ANPR cameras, as cars and motorcycles pass through modern electronic toll lanes under enhanced road safety enforcement.
Institutional investors participate in the LIC offer for sale as the government reduces its stake in the insurer.
Patanjali Ayurved has received IRDAI approval to acquire Magma General Insurance along with the DS Group. The nearly ₹4,500-crore deal marks Patanjali's formal entry into India's insurance sector through an existing insurer.
Insurance regulator IRDAI has cautioned insurers against offering steep discounts on fire insurance premiums.The regulator says aggressive underpricing could weaken insurers’ financial health and impact claim settlements. Key Highlights The Insurance Regulatory and Development Authority of India (IRDAI) has warned general insurance companies against offering deep discounts on fire insurance...
IRDAI is preparing a discussion paper on insurance distribution reforms, focusing on policyholder protection, informed customer choice, persistency, and balanced regulation. Key Highlights: New Delhi, June 25: The Insurance Regulatory and Development Authority of India (IRDAI) is set to release a discussion paper on insurance distribution reforms, with policyholder protection...
New digital assistant offers instant, multilingual support to simplify life insurance decisions for customers. Key Highlights News Story: New Delhi, June 24, 2026: Bandhan Life Insurance, the life insurance arm of the Bandhan Group, has launched ‘Bandhan Bandhu’, an AI-powered chatbot aimed at helping customers better understand life insurance products...
New AI-powered assistant offers instant, multilingual support to simplify life insurance decisions. KEY HIGHLIGHTS News New Delhi, June 24, 2026: Bandhan Life Insurance has launched Bandhan Bandhu, an AI-powered chatbot designed to help customers understand life insurance products and receive instant answers to their queries while exploring policies on the...
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