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TREND | 24 Feb 2025

Buy or sell: Vaishali Parekh recommends three stocks to buy today 24 February 2025

livemint

Buy or sell stocks: Vaishali Parekh recommends three stocks to buy or sell today SBI Life Insurance, Kaynes Technology India, and Kansai Nerolac Paints

Insurance

TREND | 23 Feb 2025

Irdai asks insurance firms to pump Rs 300 crore into Bima Sugam by Feb end

Business Standard

This was communicated to the insurers at Bima Manthan, a two-day event hosted by the insurance regulator where industry issues are discussed

Insurance

TREND | 22 Feb 2025

Berkshire's Operating Profit Jumps On Insurance, Rates Boost

NDTV Profit

Berkshire Hathaway Inc.'s operating earnings surged 71% in the fourth quarter. Operating earnings were $14.5 billion in the three months through December.

Insurance

TREND | 21 Feb 2025

Premji Invest Picks Up Shares Of Nine Companies Including Bharti Airtel, APSEZ For Rs 446 Crore

NDTV Profit

Azim Premji's investment arm bought shares of Jindal Steel Power, Ambuja Cements, Hindalco Industries, ICICI Bank, Infosys and SBI Life Insurance.

Insurance

TREND | 21 Feb 2025

Niva Bupa Health Insurance Investigates Cyber Threat And Potential Data Leak

NDTV Profit

Niva Bupa covered 19.8 million lives as of Dec. 31, 2024.

Investigating claims of customer data leak: Niva Bupa Health Insurance

Business Standard | 21 Feb 2025

Insurance

TREND | 21 Feb 2025

Bima-ASBA will eliminate unauthorised deductions: Insurance sector players

Business Standard

Irdai's decision to implement ASBA facility for insurance premium payment will benefit customers by eliminating unauthorised deductions and delayed refunds, say experts. Insurance Regulatory and Development Authority of India (Irdai) has directed life and health insurers to provide Bima-ASBA, a facility wherein a policyholder blocks the amount towards premium in his or her bank account which gets debited only when the policy is issued. Insurers have been asked to implement the new payment mechanism Bima-ASBA (Applications Supported by Blocked Amount) through Unified Payments Interface (UPI). ASBA facility or blocking of funds through UPI is widely used by retail investors in stock market. Commenting on the Irdai's decision, Jitendra Attra, Chief Financial Officer, SBI General Insurance said Bima-ASBA is a significant step toward enhancing transparency, security, and ease in insurance premium payments. "By enabling policyholders to authorise premium payments directly from their ban

Insurance firms asked to contribute capital to Bima Sugam by month's end

Business Standard | 21 Feb 2025

Insurance

TREND | 21 Feb 2025

Life Insurance: One sector, diverse fortunes

livemint

Despite belonging to the same industry, catering to largely the same customer base, and being governed by more or less the same set of rules and regulations, life insurance stocks have delivered diverse investment outcomes

Insurance

TREND | 20 Feb 2025

Dinesh Pant, Ratnakar Patnaik Appointed LIC Managing Directors

NDTV Profit

Life Insurance Corp. is helmed by Siddhartha Mohanty, who currently serves as the chief executive officer and managing director.

IRDAI imposes 1 crore penalty on UIB Insurance Brokers

Business Line | 20 Feb 2025 8 more

Insurance

TREND | 18 Feb 2025

IRDAI permits one-time UPI mandate for buying life, health cover

Business Line

Bima - ASBA facility allows users to block funds in their bank accounts for specific transactions, ensuring availability of funds while deferring actual payments

Insurance

TREND | 18 Feb 2025

Significant Indian names join DIFC in 2024 as centre marks its 20th year

Business Standard

As the Dubai International Financial Centre (DIFC) continues to bolster Dubai's position in the Middle East, Africa and South Asia (MEASA) region's financial services capital during its 20th year, a significant list of Indian names has been joining the bandwagon. Significant Indian company names added this year include ASK Asset & Wealth Management Group (Wealth Management), AI/tech unicorn, Nagarro. According to a statement released here on Tuesday, Middle East & Asian countries contributed the highest (51 per cent) for DIFC's growth in 2024. Indian companies under financial services include Bharat Re Global Ltd, El Dorado Capital Ltd, Beacon Insurance Brokers, Fort Capital, Mahindra Insurance Brokers, and Nuvama Wealth and Investment Ltd. DIFC houses 6,920 companies, up from 5,523 in 2023, registering a 25 per cent increase. DIFC attracted 1,823 new registrations, the highest-ever number recorded in a year, showcasing historic growth of 25 per cent. Combined revenues for...