Home » insurance sector

You Searched For "insurance sector"

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC to Get New Chief Soon as Mohanty's Term Ends

Siddhartha Mohanty, the current chief of LIC was appointed as chairman in April 2023 and scheduled to retire on June 29,...

16 May 2025 11:15 PM IST

TATA AIG’s Retail Health Insurance Grows 3X in Telangana, Andhra Pradesh

Health and Wellbeing

TATA AIG’s Retail Health Insurance Grows 3X in Telangana, Andhra...

With over 82,000 lives covered, the insurer expands reach across 51 districts and launches affordable plans to tackle...

29 April 2025 5:21 PM IST

The exposure draft, if implemented, will be draconian to the insurance industry for various reasons. Persistency levels will fall, and margins from non-participating products will fall impacting profitability. Policyholders would be incentivised to surrender their policies and buy another policy thereby impacting persistency of the business. (Representational Image Source: picpedia.org)

Insurance Amendment Bill Proposing 100% FDI Set for Cabinet Nod

Finance ministry eyes Parliament monsoon session to push major insurance sector reforms, including full foreign...

29 April 2025 11:35 AM IST

How Insurance is Reaching India’s Tier-2 and 3 Cities - Bridging the Awareness Gap

How Insurance is Reaching India’s Tier-2 and 3 Cities - Bridging the...

Despite this change, financial literacy continues to be a challenge in India’s tier-2 and tier-3 cities, particularly in...

27 Feb 2025 5:44 PM IST

Gov looking at raising Deposit Insurance Cover

Gov looking at raising Deposit Insurance Cover

The government is actively considering raising the deposit insurance limit beyond the current Rs 5 lakh, M Nagaraju...

17 Feb 2025 9:51 PM IST

INTUC Protests Against Union Budget 2025

INTUC Protests Against Union Budget 2025

The demonstration was part of a nationwide call given by Dr. G. Sanjeeva Reddy, chairman of the central trade unions...

5 Feb 2025 10:32 PM IST

FDI limit for Insurance sector to be raised to 100% from 74%

FDI limit for Insurance sector to be raised to 100% from 74%

The FDI limit in insurance was introduced in 2000 with a cap of 26 per cent. This was gradually raised to 49 per cent in...

1 Feb 2025 11:46 PM IST

India’s insurance sector to be fastest among G20 between 2024-28

India’s insurance sector to be fastest among G20 between 2024-28

Mumbai: India’s insurance sector is likely to be fastest growing among G20 countries from 2024-2028 with an...

16 Jan 2024 11:49 PM IST

BFSI Conclave at IMT Hyderabad Drives Dialogues on Innovations for Inclusive Growth in Indias Journey to a $5 Trillion Economy

BFSI Conclave 2023: Innovations for Inclusive Growth

India's Ambitious Journey Towards a $5 Trillion Economy: Emphasizing Inclusive Growth and Purposeful Innovation

4 Dec 2023 4:14 PM IST