Insurance sector

Get your insurance claims in instalments soon

Get your insurance claims in instalments soon

3 min read . 09 Apr 2019

Insurance technology gets crowded

3 min read . 23 Mar 2019

Insurance penetration in India at 3.69%, one of the lowest across the world

Insurance penetration in India at 3.69%, one of the lowest across the world

1 min read . 23 Feb 2019

Dhirendra Mahyavanshi, co-founder of Turtlemint Insurance.e

Turtlemint raises $25 million from Sequoia, Nexus, others

2 min read . 17 Jan 2019

Oriental Bank of Commerce holds 23% equity stake in Canara HSBC Oriental Bank Life Insurance. Photo: Pradeep Gaur/Mint

Oriental Bank in talks to sell stake in life insurance JV

2 min read . 28 Nov 2018

Private sector insurance companies continued to report strong growth in October, shows data. Graphic: Mint

Private insurance firms grow at the expense of LIC stuck with a sick bank

2 min read . 16 Nov 2018

Bart De Smet, chief executive officer at Ageas Insurance. Royal Sundaram’s stake sale to Ageas Insurance is expected to close in the first quarter of 2019. Photo: AFP (AFP)

Royal Sundaram sells 40% stake to Belgium’s Ageas Insurance for ₹1,520 crore

2 min read . 15 Nov 2018

Kotak Mahindra Capital, Citigroup and the investment banking arm of BNP Paribas will help BNP Paribas Cardif run a process to sell part of its stake in SBI Life Insurance. Photo: Reuters

BNP Paribas Cardif to sell stake in SBI Life Insurance

2 min read . 21 Sep 2018

The 2008 crisis jolted all the financial sector regulators. Photo: Mint

Has the financial landscape in India changed over 10 years since the global meltdown?

5 min read . 13 Sep 2018

Rajesh Sud, executive vice-chairman and managing director of Max Life Insurance. Photo: Pradeep Gaur/Mint

Our aim is to continue to pursue organic growth: Max Life MD

2 min read . 23 Aug 2018

Max Life Insurance MD Rajesh Sud. With Axis Bank agreeing to distribute LIC products, investors fear Max Life Insurance may potentially lose a part of its business from the bank. Photo: Ramesh Pathania/Mint

Max Life Insurance looks at life beyond Axis Bank tie-up

2 min read . 23 Aug 2018

Stock of the company closed 3.52% higher at₹736.10 on BSE on Tuesday.

ICICI Lombard Q1 profit rises 35% to ₹289 crore

1 min read . 17 Jul 2018

Transport minister Nitin Gadkari told bankers that he could provide them a secured business of ₹ 5-7 trillion. Photo: Abhijit Bhatlekar/Mint

Insurance firms, banks want to be a part of India’s roads growth story

2 min read . 30 Jun 2018

That an insurer of SBI Life’s size continues to maintain its rapid growth rate should not be ignored.

SBI Life needs protection for future profitability

2 min read . 27 Apr 2018

Max Life Insurance promoter Analjit Singh. The board of Max Financial had on 21 March approved raising Rs5,000 crore by way of debt to invest in Max Life Insurance.

KKR, Standard Chartered may invest in Max Life to fund acquisition plans

1 min read . 10 Apr 2018

Royal Sundaram General Insurance was born as a joint venture between Sundaram Finance and Royal & SunAlliance Insurance Plc. Later, Sundaram bought out SunAlliance.

Goldman Sachs in talks to acquire stake in Royal Sundaram

2 min read . 27 Mar 2018

E-Meditek Insurance TPA has been allowed to continue servicing existing health insurance policies based on the discretion and direction of insurers.

In a first, IRDA suspends E-Meditek Insurance TPA’s licence

1 min read . 22 Mar 2018

Centrum Group, led by executive chairman Jaspal Bindra, plans to boost existing lending businesses with a fund-raise of around Rs500 crore.

Centrum Group looks to enter insurance, stressed assets business

2 min read . 14 Mar 2018

Rather than design the system to exclude illnesses from the benefits of insurance, we’d do well to account for them in our actuarial analysis. Photo: iStockphoto

Genetic diseases should be covered by insurance

4 min read . 07 Mar 2018

In 2017, Analjit Singh-promoted Max Life Insurance’s proposed merger with HDFC Standard Life Insurance collapsed due to lack of regulatory approvals. Photo: HT

Max Life emerges as front runner to buy IDBI Federal Life

3 min read . 13 Feb 2018