Trend Insurance - Latest news, views and updates

CCI approved the acquisition of Bajaj Allianz Life Insurance Company, Bajaj Allianz General Insurance Company, and Bajaj Allianz Financial Distributors

IRDAI slaps 1 crore penalty on Acko General Insurance

Business Line | 20 May 2025 1 more

Insurance

TREND | 20 May 2025

Bajaj Group get CCI's nod to acquire Allianz's 26% stake in insurance JVs

Business Standard

Fair trade regulator CCI on Tuesday cleared Bajaj Group's proposed acquisition of a 26 per cent stake each in its insurance joint ventures, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, from its partner Allianz SE for a total of Rs 24,180 crore. "The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz Life Insurance Company Ltd (BALIC) and Bajaj Allianz General Insurance Company Ltd (BAGIC) by Bajaj Finserv Ltd (BFS), Bajaj Holdings & Investment Ltd (BHIL) and Jamnalal Sons Pvt Ltd (JSPL) from Allianz SE," the regulator said in a release. BFS is engaged in the provision of financial services, including consumer and SME finance, housing finance, general insurance, and JSPL is a private limited company incorporated under the provisions of the Companies Act, 1913. BHIL is a RBI-registered as a non-banking financial company - investment and credit company and BALIC and BAGIC are joint ventures between Bajaj Finserv

New India Assurance to launch parametric insurance for climate risks: CMD

Business Standard | 20 May 2025

Insurance

TREND | 19 May 2025

Raj Kumar Steps Down As LIC Nominee Director At IDBI Bank

NDTV Profit

The government and Life Insurance Corp. are promoters of IDBI Bank, holding 94.71%. While LIC holds little over 49%, the government's holding is 45.48%.

Insurance

TREND | 17 May 2025

Insurance query: Top up your employer-provided insurance

Business Line

Your employer-provided health insurance may seem convenient, but it has its limitations

Over 80% insured persons unsure about efficacy of health cover: Survey

Business Standard | 17 May 2025

Insurance

TREND | 16 May 2025

Insurance on WhatsApp: How to buy and manage policies, claim settlements

Business Standard

Paperwork reduced and instant assistance assured on platform, say top insurance companies

PB Fintech, operator of PolicyBazaar shares gain 4% in trade; Check details

Business Standard | 16 May 2025 1 more

Insurance

TREND | 16 May 2025

Where is Gautam Sinha Roy of ICICI Pru Life Insurance investing now?

Business Standard

As a strategy, we prefer domestic-focused sectors like BFSI, Consumption, Industrials, Healthcare, and Telecom, says Gautam Sinha Roy, equity & fund manager at ICICI Prudential Life Insurance.

Insurance

TREND | 15 May 2025

Axis Max Life Insurance plans to list its stock directly

Economic Times

Axis Max Life, currently owned jointly by Axis Bank and Max Financial Services, operates under a quasi-listed structure, where the parent companies are publicly traded but the insurance business is not directly listed. Tripathy said the structure is "suboptimal" and that collapsing it into a single listed entity would create better visibility and investor confidence.

We should be third-largest listed pvt insurer in 5 yrs: Prashant Tripathy

Business Standard | 14 May 2025