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Business News: Read latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from India & across the World on Mint.
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Warburg Pincus to sell 26% stake in IndiaFirst Life Insurance to BNP Paribas Cardif
1+ mon, 2+ week ago (472+ words) Mumbai: Promoter Warburg Pincus has entered into a definitive agreement to sell its 26% stake in IndiaFirst Life Insurance to BNP Paribas Cardif, which is set to re-enter the Indian insurance market that it had exited after ending a partnership with…...
Insurance sector seeing strong interest from foreign investors since 100% FDI: IRDAI chief
2+ mon, 2+ week ago (650+ words) “There are also a lot of interest coming in from some of the foreign promoters seeking to get into a 100% ownership position. There are two conversations happening,” Seth said. While faster growth in non-life insurance has made it the preferred…...
Ageas open to more India investment, eyes top-10 life insurer spot
4+ mon, 2+ week ago (696+ words) Belgium’s Ageas Insurance is prepared to invest additional capital in India to break into the country’s top 10 life insurers in the next three to four years, provided returns on equity remain favourable. “If the growth is there and the return…...
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4+ mon, 3+ week ago (14+ words) Why Kotak Life’s ₹1 Crore Term Insurance Is Priced Lower Than Most Competitors Mint...
Health insurance premiums hit ₹1.17 lakh crore in FY25; GST removal boosts life insurance demand significantly
5+ mon, 2+ week ago (355+ words) Several factors have enabled this growth: In practice, this growth shows a change in how we approach financial planning. Many times, individuals now see insurance as an important part of long-term stability. The planned GST removal on insurance premiums is…...
Tata AIA introduces funds focused on innovation, equity and global AI for wealth creation
5+ mon, 3+ week ago (308+ words) Tata AIA Life Insurance has introduced three new investment funds linked to its unit-linked insurance plans (ULIPs). These funds provide investors with exposure to India’s innovation-led growth sectors and global technology trends. The offered products include the Large Mid Cap…...
RBI’s mis-selling curb puts life insurers in focus
6+ mon, 2+ week ago (379+ words) On 11 February, the Reserve Bank of India released draft guidelines that seek to make banks more accountable for the financial products they sell to individuals. The guidelines aim to prevent banks from mis-selling various financial products, especially life insurance plans…...