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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......

Insurance: Lack of legacy distribution network a challenge for foreign cos

The Union Cabinet’s decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution......

Insurance sector premium growth crossed 20% in Nov

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services......

Indian lenders worried over Future group's diminishing asset base

The Indian lenders are worried over the fast depleting asset base of the Future group companies which would make their recovery of dues difficult. Photograph: Niharika Kulkarni/Reuters The asset......

Why health insurance premium growth is in slow lane

Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. Illustration: Dominic......

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