Bengaluru (Karnataka) [India], September 16: Guidewire, a leading insurance technology provider for non-life insurance companies, announced the opening of its new office at Prestige Tech Park, Bengaluru. The move to a larger facility is indicative of Guidewire's tremendous growth in India as
Life insurance companies have dismissed concerns over the impact of Goods and Services Tax (GST) exemption on input tax credit, saying they have strategies in place to manage the situation.
BMS also expressed hope that manufacturers, insurance companies, and others will promptly pass on these benefits to the common man by lowering the prices of essential daily-use products, said Ravindra Himte, General Secretary, BMS, in a statement.
Insurance companies are expected to face a setback in the short run following the GST Council's recent exemption on GST, as it could lead to the loss of input tax credit eligibility, said industry experts and executives, adding that the companies, however, will benefit in the long term.
Hyderabad (Telangana) [India], August 22: SBI General Insurance, one of India's leading and fastest growing private general insurance companies, has announced the launch of 'First-of-its-kind' Health Insurance Branches across Andhra Pradesh and Telangana, with plans to extend nationwide. Thi
Announcing the package in a post on X, the union minister said that insurance companies that do not deposit the amount to disaster-affected farmers on time will face a 12 per cent interest penalty, which will be directly given to farmers.
Mumbai (Maharashtra) [India], July 29: SBI General Insurance, one of India's leading general insurance companies, announced its financial results for Q1 FY26, posting a topline growth of 21.5%, significantly higher than the industry (Private & SAHI) growth of 6.2%, marking the Company as
Mumbai (Maharashtra) [India], July 17: SBI Life Insurance, one of India's most trusted life insurance companies, has launched the second edition of its flagship innovation initiative 'IdeationX 2.0'. SBI Life's IdeationX is a platform that empowers young talent to innovate and co-create solu
New Delhi [India], July 11: GPS tracking has changed the way car insurance companies assess the risk of insuring a vehicle. The technology makes cars safer, lowering the chances of theft, and pushing people to drive safely. With a GPS device, insurers can get a very good idea of how you driv
Gurgaon (Haryana) [India], July 7: PNB MetLife India Insurance Company Limited (PNB MetLife), one of India's leading life insurance companies, has announced an individual claim settlement ratio of 99.57 percent for FY2025, reflecting its continued focus on supporting policyholders and their
New Delhi [India], July 4: Aviva Life Insurance, one of India's leading private life insurance companies, has been awarded the prestigious Product of the Year 2025 title in two key categories: Life Insurance - Retirement Income and Life Insurance - ULIP. The recognition was based on a nation
New Delhi [India], July 1: PNB MetLife India Insurance Company Limited (PNB MetLife), one of India's leading life insurance companies has been recognized by Great Place to Work among India's Best Companies to Work For 2025, securing the No. 1 position in the insurance sector. The company has