insurance sector


Managing Director Mohanty Named LIC Interim Chairperson As Kumar Era Ends

Banking - Published date: .

Takes charge on March 14 for three months, faces challenges of LIC's falling market share and share price, apart from de... Read more

LIC Increases Stake In Capri Global Capital, Hero MotoCorp And HUL

Banking - Published date: .

The acquisition of the incremental stake in Capri Global Capital Ltd happened at an average cost of Rs 624.61 and that f... Read more

LIC Hikes Stake In Capri Global Capital To Over 7% For Rs 221 Cr

Banking - Published date: .

Acquires about 3.6 mn shares at an average price if Rs 624.61 a share Read more

PhonePe Sells Over 1 Mn Two Wheeler Insurance Policies On Its Platform

Banking - Published date: .

Sees over 75% of overall insurance purchases from tier 2 & 3 cities Read more

Profits Of Insurers, Manufacturing Firms Cannot Be Compared, Says LIC Chief

Banking - Published date: .

LIC Chairman M R Kumar on Monday said profits of insurance companies cannot be compared with that of manufacturing compa... Read more

Merger Of Three State-owned General Insurers On Back Burner Due To Covid-19

Banking - Published date: .

Notably, the boards of the three firms had approved the merger in January and had appointed management consultant firm E... Read more

Insurance Firms Looks To Bridge Online Trust Deficit Amid Covid--19 Crisis

Banking - Published date: .

With customers caught in a swirl of panic and fear, life insurance companies are looking at confidence building measures... Read more