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......

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......

Samsung Life set to buy 26% in ING Insurance

Deal with current owner Exide may be signed next weekExide Industries, which fully-owns ING Life Insurance, is in advanced stages of negotiations to sell 26 per cent of its stake to Korean insurer......

Budget 2022: Insurers want investment limit of 80C hiked

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people......