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News
Canara HSBC Life fined ₹1 crore by IRDAI over misselling
3+ day, 19+ hour ago (493+ words) Canara HSBC Life Insurance Company Limited received a penalty order from the Insurance Regulatory and Development Authority of India (IRDAI) on September 10, 2026. The regulator imposed a fine of ₹1 crore following an investigation into allegations of policy misselling. The penalty stems…...
Canara HSBC Life reappoints Sansi and Bandyopadhyay as independent directors
4+ day, 19+ hour ago (387+ words) Canara HSBC Life Insurance Company has reappointed Dr Kishore Kumar Sansi and Mr Supratim Bandyopadhyay as independent directors on its board. The appointments were approved via resolution by circulation on September 9, 2026, and remain subject to shareholder approval. The Nomination and…...
LIC Q1 Results: Net VNB surges 61% YoY to ₹3,136 crore
1+ week, 1+ day ago (654+ words) Life Insurance Corporation of India reported a 61.32% YoY surge in Net VoNB to ₹3,136 crore for Q1FY27, with margins expanding to 22.9%. Full-year FY26 IEV reached ₹7,89,185 crore, supported by strong ANW growth of 41% to ₹1,69,605 crore, despite a dip in VIF. Rural penetration hit 53.26%, and…...
IRDAI approves re-appointment of Vibha Padalkar, Niraj Shah at HDFC Life
3+ week, 4+ day ago (523+ words) IRDAI has approved the five-year re-appointment of Vibha Padalkar as MD and CEO and Niraj Shah as ED and CFO at HDFC Life Insurance. The appointments follow board recommendations and shareholder approval at the July 2026 AGM, ensuring stable leadership for…...
LIC launches New Bima Jyoti savings plan for domestic market
1+ mon, 6+ day ago (388+ words) Life Insurance Corporation of India launches LIC's New Bima Jyoti, a Non-Par, Non-Linked individual savings plan for the domestic market, effective August 10, 2026. The disclosure was filed with stock exchanges under SEBI Regulation 30. The product is designed for the domestic market…...
Bajaj Finserv Insurance Units Report Strong Growth: Life Up 20.4%, General Up 13% YoY
1+ mon, 1+ week ago (518+ words) Bajaj Finserv reported strong July 2026 performance across its insurance subsidiaries. Bajaj Life Insurance new business grew 20.40% YoY to ₹1,386.17 crore, with cumulative new business reaching ₹5,062.96 crore. Bajaj General Insurance gross direct premiums rose 13% YoY to ₹2,375 crore, with cumulative premiums at ₹8,143 crore....
Canara HSBC Life Q4 Results: Analyst meet transcript filed for June quarter
1+ mon, 2+ week ago (441+ words) Canara HSBC Life Insurance Company Limited filed the transcript of its analyst meet held on July 20, 2026, covering unaudited results for the quarter ended June 30, 2026. The disclosure complies with SEBI LODR regulations, making the discussion available to investors on the company…...
Bank of Baroda subsidiary Indiafirst Life sells 25.96% stake to BNP Paribas Cardif
1+ mon, 2+ week ago (455+ words) Bank of Baroda's subsidiary Indiafirst Life Insurance is selling a 25.96% stake to BNP Paribas Cardif. The deal, signed on July 24, 2026, involves Caramel Point Investments India Private Limited transferring its shares. The transaction is subject to regulatory approvals and does not…...
Canara HSBC Life recommends ₹0.40 dividend for FY26
1+ mon, 3+ week ago (423+ words) Canara HSBC Life Insurance Company Limited announced its 19th AGM via video conferencing on August 20, 2026. The Board recommended a final dividend of ₹0.40 per share for FY26, payable within 30 days post-approval. Remote e-voting is available from August 17 to August 19, 2026. Shareholders can exercise their…...
Jammu and Kashmir Bank signs bancassurance pacts with SBI Life and HDFC Life
2+ mon, 1+ week ago (447+ words) Jammu and Kashmir Bank signed corporate agency agreements with SBI Life Insurance Company Limited and HDFC Life Insurance Company Limited on July 2, 2026, effective immediately. The agreements allow the bank to service and solicit insurance products through its branch network, functioning…...