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News
Canara Bank Hands Over ₹46 Lakh Insurance Claim to Family of Late LIC Employee
5+ hour, 4+ min ago (196+ words) Mumbai: Unexpected loss brings immediate emotional and financial strain to families. Demonstrating the practical value of bundled banking protections, Canara Bank recently facilitated an insurance claim payout totaling ₹46 lakh to the nominee of a deceased account holder. Late Smt. N....
ICICI Prudential Life Approves Name Change Proposal
4+ week, 2+ day ago (222+ words) PSU Connect Mumbai: ICICI Prudential Life Insurance Company has announced a major corporate development after its Board approved a proposal to change the company's name to ICICI Life Insurance Limited The board has also cleared the process to seek approval…...
Mahindra-Manulife JV Gets Corporate Affairs Approval, Launches New Life Insurance Company
2+ mon, 6+ day ago (340+ words) Mumbai: Mahindra & Mahindra Ltd. and Manulife have taken a significant step forward in their insurance partnership with the incorporation of Mahindra Manulife Insurance Limited (MMIL), a 50:50 life insurance joint venture aimed at serving India's rapidly expanding insurance market. The incorporation follows…...
LIC Launches New Insurance Plan ‘Jeevan Utsav’ Effective January 12, 2026
6+ mon, 4+ week ago (178+ words) New Delhi: Life Insurance Corporation of India (LIC) has announced the launch of a new insurance product named “LIC’s Jeevan Utsav”, which will be available for purchase starting January 12, 2026, according to a regulatory filing made with the stock exchanges. The newly…...