New Delhi, July 16 -- Aggressive pricing in India's fire insurance market is unlikely to last as mounting underwriting losses and weakening capital force insurers to pull back, ICICI Lombard's managem... Read More
New Delhi, July 11 -- Kotak Mahindra Bank Ltd has identified four priority segments-affluent customers, mass-market retail, small and medium enterprises, and institutional business-where it believes i... Read More
New Delhi, July 8 -- General Insurance Corporation of India (GIC Re) is building an in-house artificial intelligence assistant that is expected to help make faster and better-informed decisions, chair... Read More
Mumbai, July 6 -- Life Insurance Corporation of India chief executive and managing director R. Doraiswamy has outlined a vision centred on protection-oriented products, a revamped product portfolio an... Read More
Mumbai, July 5 -- ICICI Bank and Prudential Corp. Holdings have signed a letter of undertaking under which the UK insurer will temporarily give up board representation and abstain from voting on matte... Read More
MUMBAI, July 3 -- Three of India's four state-owned general insurers have remained below regulatory solvency norms for the past several quarters, prompting the Reserve Bank of India (RBI) to warn that... Read More
New Delhi, July 1 -- India's insurance regulator has granted a certificate of registration to Prudential HCL Health Insurance Ltd, allowing it to begin health insurance operations in India. The appro... Read More
Mumbai, June 30 -- Rampant mis-selling and fraud are plaguing parts of the life insurance industry, even as the insurance regulator moves to tighten rules governing how policies are sold, a top execut... Read More
New Delhi, June 30 -- India's microfinance institutions are expanding the use of artificial intelligence across customer calls, cybersecurity and internal operations as lenders look to improve efficie... Read More
Mumbai, June 29 -- Veteran banker Deepak Parekh on Monday pitched for banking reforms, including further consolidation in public sector banks and a hike in the sector's foreign direct investment (FDI)... Read More