Future Generali Life shuts 55 branches, cuts staff by a third

Future Generali Life, the private life insurer promoted by the Kishore Biyani-led Future Group, has undertaken extensive restructuring since April.That has seen its workforce reduced by a third and......

FDI cap in insurance to 49% is positive: Future Generali

Finance Minister Arun Jaitley announced a cap of 49 per cent while presenting the Union Budget 2014-15 on Thursday.  Munish Sharda, MD & CEO, Future Generali India Life Insurance shares his......

With firefighting behind them, insurers can now shift gears and focus on growth

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. Illustration: Uttam Ghosh The events......

M&M, Manulife to form life insurance JV with 7,200 crore investment

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......