Life Insurance Industry News
A collection of Life Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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Kotak Life reframes retirement in latest campaign with Rajkummar Rao
Kotak Mahindra Life Insurance has introduced a new communications campaign that reframes retirement as a stage of renewal rather than a point of conclusion. Developed with Wondrlab, the campaign positions retirement as a phase marked by…
Ageas to take full ownership of AG Insurance and formalise long term partnership with BNP Paribas
Ageas to take full ownership of AG Insurance and formalise long term partnership with BNP Paribas Ageas SA/NV (“Ageas”, the “Group”) today announced the acquisition of the outstanding 25% stake in its Belgian subsidiary…
Will The US Fed's Decision Trigger A New Low For Rupee This Week?
The Indian rupee may face renewed pressure this week as anaemic trade and investment flows continue to weigh on the currency, while the U.S. Federal Reserve's policy decision will be the key macro cue for both the unit and government bonds. The…
Firms stick to bare-minimum data breach insurance despite major leaks
A series of recent hacking incidents at major companies such as Coupang and SK Telecom has renewed scrutiny of Korea's legally mandated minimum data breach liability insurance, which falls far short of covering the actual scale of harm, industry…
Wakefit IPO opens today at ₹185-195
The ₹1,289-crore initial public offering (IPO) of Bengaluru-based home and furnishings company Wakefit Innovations opens today with a price band of ₹185–195 per share. The issue will close on December 10 (Wednesday). Retail…
HMRC demand letters for people with £3,500 or more in savings account
People with as little as £3,500 or more in fixed savings accounts could trigger an unexpected tax bill letter from HM Revenue and Customs (HMRC). That's because HMRC is able to automatically detect interest on savings generated by your bank…
India prepares to invite bids for $7.1bn IDBI Bank stake - report
India is preparing to invite bids for the sale of its majority stake in IDBI Bank, valued at $7.1bn, reported Bloomberg, citing sources familiar with the matter. This is a part of the government's ongoing strategy to privatise the previously…
Continental General Insurance Co. Makes New Investment in Citizens, Inc. $CIA
Continental General Insurance Co. acquired a new stake in shares of Citizens, Inc. (NYSE:CIA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm…
Corona Remedies public issue opens today at ₹1,008-1,062 price band
Corona Remedies' ₹655.37 crore public issue opens today and closes on December 10. The company has fixed a price band of ₹1,008–1,062 a share. The market lot is 14 shares. The issue is entirely an offer for sale (OFS), under…
Market cap of India's top 5 firms up ₹72,285cr
TCS's market capitalization increased by ₹35,909.52 crore to ₹11,71,862.37 crore. Infosys also witnessed a significant jump in its market cap by ₹23,404.55 crore to reach ₹6,71,366.53 crore last week. Bajaj Finance's…
Getty Images Holdings, Inc. (NYSE:GETY) Given Average Recommendation of 'Reduce' by Brokerages
Shares of Getty Images Holdings, Inc. (NYSE:GETY - Get Free Report) have been assigned an average recommendation of 'Reduce' from the seven research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the…
Bajaj Finserv sees consolidated PAT rising 18-22% CAGR to ₹21,000-24,000 crore by FY2030
Bajaj Finserv expects its consolidated total income to grow at a compounded annual growth rate (CAGR) of 19-21 per cent to ₹3.1-3.4 lakh crore by FY2030 from ₹1.30 lakh crore in FY2025, according to the company's long range strategy…
India's 12-hour workday is the wrong kind of capitalism
By Andy Mukherjee / Bloomberg Opinion While the rest of the world frets over artificial intelligence (AI) and how it could hollow out demand for human effort, a zeitgeist-defying idea is taking hold in India. Several corporate executives have…
Gamco Investors INC. ET AL Increases Stock Holdings in United Rentals, Inc. $URI
Gamco Investors INC. ET AL raised its position in United Rentals, Inc. (NYSE:URI - Free Report) by 18.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional…
Amundi Sells 61,674 Shares of Aflac Incorporated $AFL
Amundi lessened its holdings in Aflac Incorporated (NYSE:AFL - Free Report) by 2.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,370,329 shares of the financial services provider's…
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