The savings pattern of Indian households has been undergoing a significant shift over the past three years, with funds increasingly moving from traditional bank deposits to mutual funds and life insurance, according to an SBI report.
Mumbai (Maharashtra) [India], December 23: Star Health and Allied Insurance Company Limited (BSE: 543412) (NSE: STARHEALTH), India's largest standalone health insurer, has achieved remarkable recognition at the ASSOCHAM 16th Global Insurance Summit & Awards 2024, securing the Runner-Up p
No major decisions were made during the 55th meeting of the Goods and Services Tax (GST) Council, held in Jaisalmer. The Council postponed key decisions on issues such as rate rationalisation and the determination of tax rates on insurance premiums.
New Delhi [India], December 19: SBI General Insurance, one of India's leading General Insurance companies, has successfully implemented the BUSINESSNEXT platform, a specialized Insurance Customer Relationship and Experience Management (CRM) solution, marking a significant milestone in its di
Mumbai (Maharashtra) [India], December 19: Hybrid, in collaboration with Adgully, successfully brought together the BFSI (Banking, Financial Services, and Insurance) community in Mumbai with a two-day event that combined insightful conversations, networking, and AI-driven solutions. Held
New Delhi [India], December 19: Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd. ("Axis Max Life"/ "Company"), has announced the inclusion of 'Axis' in its corporate name following the Corporate & Regulatory approvals. Additionally, the Company has been rebr
Mumbai (Maharashtra) [India], December 19: Universal Sompo and Sompo Care have been successfully making collaborative efforts at enhancing health and wellbeing across borders, in alignment with the Skill India Mission. The project under this collaboration is being implemented throughout 2024
Mumbai (Maharashtra) [India], December 19: The inaugural FINIXX Summit & Awards 2024, hosted by Adgully, concluded successfully on 13th December in Mumbai, marking a new milestone in recognizing innovation and excellence within India's Banking, Financial Services, and Insurance (BFSI) se
Gurugram (Haryana) [India], December 18: Pramerica Life Insurance, one of India's fastest-growing life insurance providers, has joined hands with Policybazaar to accelerate its focus on Unit-Linked Insurance Plans (ULIPs). Building on ULIPs as a critical driver of its product strategy, the c
Mumbai (Maharashtra) [India], December 18: The term insurance vs savings plan has already brought a lot of comparisons many people continue to face in the dynamic world of financial planning. Indeed, both are very useful, but they serve two different purposes. Term insurance is used to offer
The proposed rationalisation of GST rates on health and life insurance products will be on the agenda for the upcoming Council meeting on Saturday in Jaisalmer, sources said.