Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
Mumbai (Maharashtra) [India], July 3 (ANI/NewsVoir): IndiaFirst Life Insurance Company Limited (IndiaFirst Life), promoted by Bank of Baroda and Union Bank of India, has associated with BOB Financial Services Limited (BOB Financial), a wholly owned subsidiary of Bank of Baroda, to offer a un
Mumbai (Maharashtra) [India] July 1 (ANI/PRNewswire): Svatantra Microfin Private Limited is a next-gen technology-driven microfinance company that operates in rural areas of India, offers not just microcredit but a bouquet of financial services - cashless health insurance, personal accident,
New Delhi [India], July 1 (ANI): The All-India LIC Employees Federation on June 25 wrote a letter to Prime Minister Narendra Modi asking him to stop the proposed disinvestment of the Life Insurance Corporation of India, stating the move would be against his stated mission of an Atma Nirbhar
Chennai (Tamil Nadu) [India], June 30 (ANI/NewsVoir): Cholamandalam MS General Insurance Co Ltd, today, has announced the retirement of S S Gopalarathnam as the Managing Director and V Suryanarayanan, currently President and COO, will take over as the Managing Director of Cholamandalam MS
Mumbai (Maharashtra) [India], June 27 (ANI): The board of directors at IDBI Bank has approved a plan to offload 27 per cent stake in IDBI Federal Life Insurance (IFLI) at a combined value of Rs 595 crore, the public sector lender said on Saturday.
Bengaluru (Karnataka) [India], June 25 (ANI/NewsVoir): InsurTech startup Kruzr, best known as a technology-powered smart driving assistant today announced that it has been recognized in Gartner's 2020 Cool Vendors in Insurance report as a NexGen technology solution for Motor Insurance.
New Delhi [India], June 25 (ANI/BusinessWire India): GlobalLogic, a leader in Digital Product Engineering, and Insurity, a leading provider of cloud-based core systems solutions and data analytics for the world's largest insurers, brokers, and MGAs, today announced the launch of the 14th edi
New Delhi [India], June 24 (ANI/NewsVoir): Alankit, a market leader and eminent name in the Financial and digital solutions industry with business segments like e-Governance, Financial Services, Healthcare and Insurance Broking announced their partnership with IDP, an industry leader in inno
Sydney [Australia], June 21 (ANI): Australia pacer Mitchell Starc has provided video footage from the second Test against South Africa in 2018 to prove that he got injured and as a result, deserves an insurance payout for losing his Indian Premier League (IPL) deal with Kolkata Knight Riders
Mumbai (Maharashtra) [India], June 19 (ANI): India's largest private sector lender ICICI Bank on Friday divested 1.8 crore equity shares of the face value of Rs 10 each of ICICI Lombard General Insurance Company Ltd on the stock exchange.