The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a “landmark step” for making insurance affordable and inclusive. Illustration:......
Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a......
'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.' Photograph: Kind courtesy LIC......
Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......
Life insurance companies reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India’s premiums......