New Delhi [India], Aug 18 (ANI): Bharti Axa Life Insurance on Tuesday announced its bancassurance partnership with SBM Bank India, one of the youngest new-age banks in the country, for distribution of life insurance products.
Mumbai (Maharashtra) [India], Aug 6 (ANI): IDBI Bank said on Thursday it has signed a share purchase agreement with Federal Bank and its Dutch partner Ageas Insurance International NV to offload 27 per cent stake in IDBI Federal Life Insurance (IFLI) at a combined value of Rs 595 crore.
Mumbai (Maharashtra) [India], July 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported 81 per cent year-on-year jump in its net profit at Rs 4,189 crore for the quarter ended June compared to Rs 2,312 crore in the same quarter last year.
New Delhi [India], July 30 (ANI/NewsVoir): Max Financial Services Ltd. (MFSL) today announced its financial results for the quarter ended June 30, 2020. In Q1 FY21, MFSL's consolidated Profit after Tax grew 235 per cent to Rs. 182 crore backed by strong performance of its life insurance subs
Mumbai (Maharashtra) [India], July 25 (ANI): India's largest private sector lender ICICI Bank on Saturday reported 36 per cent rise in its net profit at Rs 2,599 crore for the April to June quarter compared with Rs 1,908 crore in the same period of last year.
Mumbai (Maharashtra) [India] July 23 (ANI/NewsVoir): HDFC ERGO General Insurance Company, one of the largest non-life insurance provider in the private sector, has launched a bouquet of unique services for their motor policyholders under the brand campaign - 'Zaroorataapki, lekin #ZimmedariH
Mumbai (Maharashtra) [India], July 21 (ANI): ICICI Prudential Life Insurance on Tuesday reported a flat net profit of Rs 288 crore in the quarter ended June as compared to Rs 285 crore in the year-ago period.
Singapore, July 20 (ANI): AM Best has downgraded the financial strength rating of New India Assurance Company Ltd -- the largest player in India's non-life insurance market -- to B-double plus (good) from A-minus (excellent) and the long-term issuer credit rating to bbb-plus from a-minus.
Mumbai (Maharashtra) [India], July 14 (ANI/NewsVoir): HDFC ERGO, the country's third largest non-life insurance provider in the private sector, announced that 'Home Care Expenses' benefits will now be made available to all their existing health insurance policyholders.
Mumbai (Maharashtra) [India], July 13 (ANI): BSE Ebix Insurance Broking, a joint venture of BSE and Ebix Fincorp Exchange, on Monday announced the beta launch of life insurance on its platform by enrolling Aditya Birla Sun Life Insurance and Bajaj Allianz Life Insurance.
Mumbai (Maharashtra) [India] July 10 (ANI/NewsVoir): HDFC ERGO, the country's third-largest non-life insurance provider in the private sector, announced the launch of 'Corona Kavach' policy.
New Delhi [India], July 8 (ANI): Bharti Axa Life Insurance on Wednesday launched a protection solution with benefits of life cover, hospitalisation and critical illness amid the Covid-19 pandemic which is showing no sign of ebbing yet.