The rupee, which has depreciated about 23 per cent since May, has increased the loss ratios for the travel insurance segment.
While there has been a rise in obesity reduction surgeries, it may still take time before health insurance cover is made available for these.
HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.
Else, more capital outflow and pressure on rupee likely.
A stumbling economy, a falling currency and high inflation, plus weak consumer demand, mean more and more become excess baggage.
Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
In the last two months, these stocks have lost nearly a quarter of their market cap.
In the last two months, these stocks have lost nearly a quarter of their market cap.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
Commercial papers, certificates of deposit also dry up
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Entities reluctant to get into new segment till settlement and margin issues are addressed
In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.
Public general insurance companies to collaborate for speedy settlement of claims