6+ hour, 25+ min ago  (194+ words) New Delhi: UK-based Prudential plc on Sunday announced to acquire a majority 75 per cent stake in Bharti Life Insurance for Rs 3, 500 crore from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management. Prudential is engaging with the relevant regulatory authorities…...

4+ mon, 1+ week ago  (201+ words) Millennium Post Mumbai: Life Insurance Corporation of India (LIC) has launched a new Jeevan Utsav Single Premium plan, offering guaranteed lifelong income with life cover The plan was unveiled by LIC's Chief Executive Officer and Managing Director, R Doraiswamy, and will…...

4+ mon, 2+ week ago  (219+ words) Millennium Post NEW DELHI: Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies This special drive, to be carried out from January 1 to March 2, 2026, is extended…...

4+ mon, 2+ week ago  (445+ words) Mumbai: The Reserve Bank has flagged structural pressures in the insurance sector, saying premium growth is being increasingly driven by high-cost distribution-led strategies of insurance companies rather than operating efficiency. While posing no near-term systemic risks, the surface-level stability masks…...