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21 Mar, 2023
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Category: Insurance

Centre infuses ₹5,000 crore into 3 state-run insurance companies- OICL, NICL and UICL

Centre infuses ₹5,000 crore into 3 state-run insurance companies- OICL, NICL and UICL

April 16, 2022 Suraj

The central government has infused a total of ₹5,000 crore in three public sector general insurance companies namely Oriental Insurance Company Limited (OICL), National Insurance Co. Ltd. (NICL) and United India Insurance Co. Ltd. (UICL). The individual capital infusion in Read more

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Tapan Singhel reappointed as MD & CEO of Bajaj Allianz General Insurance

March 15, 2022 Monika Singh

Tapan Singhel reappointed as MD & CEO of Bajaj Allianz General Insurance Bajaj Allianz General Insurance has extended the tenure of its current managing director & chief executive officer (MD & CEO) Tapan Singhel for another five years. The new Read more

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Vidya Balan appointed as brand ambassador of Bharti AXA Life Insurance

Vidya Balan appointed as brand ambassador of Bharti AXA Life Insurance

March 6, 2022 Suraj

Bollywood actress, Vidya Balan has been appointed as the Brand Ambassador of Bharti AXA Life Insurance.  Vidya will help the insurance company to further deepen its campaign “#DoTheSmartThing” Parag Raja is the managing director and chief executive officer of Bharti Read more

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LIC appoints Sunil Agrawal as new CFO

March 3, 2022 Monika Singh

LIC appoints Sunil Agrawal as new CFO Sunil Agrawal has been appointed as the chief financial officer (CFO) of the Life Insurance Corporation (LIC). Prior to this, Agrawal was the CFO of Reliance Nippon Life Insurance for over 12 years.  Read more

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Govt approves 20% FDI in LIC via automatic route

Govt approves 20% FDI in LIC via automatic route

March 1, 2022 Suraj

The Union Cabinet has approved an amendment to the FDI Policy to allow foreign direct investment (FDI) up to 20 percent under the “automatic route” in Life Insurance Corporation (LIC). This comes ahead of IPO of LIC. Prior to this, Read more

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ICICI lombard partners with Airtel Payments Bank for Cyber Insurance

ICICI lombard partners with Airtel Payments Bank for Cyber Insurance

February 7, 2022 Suraj

ICICI Lombard General Insurance has partnered with Airtel Payments Bank to offer cyber insurance to customers of Airtel Payments Bank. This Cyber Insurance policy provides financial protection to customers against potential financial fraud relating to banking, credit or debit card; Read more

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LIC rnaked 10th most valued insurance brand globally: Brand Finance

LIC ranked 10th most valued insurance brand globally: Brand Finance

February 2, 2022February 2, 2022 Suraj

As per a brand valuation report released by Brand Finance, Life Insurance Corporation has been ranked at 10th in the list of insurance brands globally. Ping An Insurance of China is at the top. LIC is the only Indian insurance Read more

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Centre extends tenure of LIC Chairman M R Kumar by one year till March 2023

January 30, 2022January 30, 2022 Monika Singh

Centre extends tenure of LIC Chairman M R Kumar by one year till March 2023 The government had extended the tenure of M R Kumar, the Chairman of IPO-bound Life Insurance Corporation (LIC) by one year, till March 2023. M.R.Kumar Read more

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#BahaneChhodoTaxBachao

SBI General Insurance launches awareness campaign on tax saving #BahaneChhodoTaxBachao

January 8, 2022 Monika Singh

SBI General Insurance launches awareness campaign on tax saving #BahaneChhodoTaxBachao The SBI General Insurance has launched an awareness campaign titled #BahaneChhodoTaxBachao. The campaign aims to increase awareness on how people can save tax by buying health insurance . #BahaneChhodoTaxBachao will Read more

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IRDAI selects LIC, GIC Re and New India Assurance as Domestic Systemically Important Insurers

IRDAI selects LIC, GIC Re and New India Assurance as Domestic Systemically Important Insurers

January 3, 2022January 3, 2022 Monika Singh

IRDAI selects LIC, GIC Re and New India Assurance as Domestic Systemically Important Insurers Insurance Regulatory and Development Authority of India (IRDAI) has chosen the following insurers as Domestic Systemically Important Insurers (D-SIIs) for 2021-22: Life Insurance Corporation of India; General Read more

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