Previously, Star Health and Allied Insurance had to launch a forensic investigation, led by independent cybersecurity experts, into a cyberattack it was subjected to
Private insurers log 18% yearly increase at Rs 13,216.51 cr, according to data
What companies offer to subscribers living in a metro city and do not smoke
Its value of new business (VNB) increased 17.1 per cent Y-o-Y to Rs 938 crore in Q2, compared to Rs 801 crore in the year-ago period
Anuj Tyagi discusses the insurers' plans on the focus areas of the retail line of businesses
India Grid Trust on Tuesday said Alberta Investment Management Corporation and HDFC Life will invest Rs 567 crore and Rs 100 crore, respectively, in it. According to a statement, India Grid Trust (IndiGrid) announced the launch of its preferential issue process to raise Rs 695 crore following the successful conclusion of the offer-for-sale (OFS). IndiGrid on Tuesday launched its preferential issue process to raise Rs 695 crore through primary issuance of units for Rs 136.43 /unit, it added. IndiGrid has received investment commitments from Alberta Investment Management Corporation (AIMCo), one of Canada's largest and most diversified institutional investment managers, and HDFC Life for an investment of Rs 567 crore and Rs 100 crore, respectively, with a balance committed by other investors. Ambit Capital and SBI Caps are running a preferential issue process on IndiGrid's behalf. Harsh Shah, Chief Executive Officer IndiGrid, said, "We are also delighted to welcome AIMCo and HDFC Li
Insurance stocks in focus: LIC has approached Irdai to increase the interest rate assumption and plan-based G-Sec assumption for the calculation of surrender value, reports say
Life insurance stocks: While analysts laud the proposal to withdraw GST on life, medical insurance premiums, they suggest investors wait for the Finance Ministry's before taking any investment call
HDFC Life, Bajaj Allianz Life, ICICI Prudential Life, Max Life increase by 4-7%
Tyagi, who currently serves as the deputy MD, joined the company in 2008
HDFC Life's Assets Under Management Cross Rs. 3 Lakh Crore
HDFC Life on Tuesday launched a new cashless health policy for desi students pursuing education overseas, the premium for which will have to be paid in US dollars. The global student healthcare plan is designed for students in the 12-40 age bracket presently pursuing higher education abroad or aspire to pursue higher international education, the company said in a statement. The offer is being made from its Gift City IFSC unit -- HDFC Life International, which is the first overseas branch of HDFC International Life and Re, a life and health reinsurer based in DIFC, Dubai. The plan, available in four options, provides coverage of up to USD 3 million, offering flexibility in cover terms ranging from three months to one year, the insurer said. The plan offers a host of benefits and features designed to address the diverse healthcare needs and potential health contingencies allowing worldwide access to top-notch medical facilities outside the country, with a network of hospitals, clinic
The plan enables customers to access top private medical facilities and services while avoiding the conventional hassle of going through lengthy appointment wait times, as seen in various countries
At the BS IML Conclave, Deepak Parekh said that some incentives must be provided to the developers to make affordable homes
HDFC Life reported Q3FY24 annual premium equivalent (APE) at Rs 3,190 crore which was more than 10 percent below consensus and down 4.5 percent Y-o-Y
The insurer's profit after tax rose to 365 crore rupees ($44.02 million) for the three months ended Dec. 31 from 315 crore rupees a year earlier
Policybazaar table lists pension offers of various financial companies
For the April-Sep period, net profit increased 15 per cent year-on-year to Rs 792 crore on the back of a healthy back book surplus
HDFC Life may see stronger momentum as merger synergies kick in
On July 1, housing finance major HDFC completed the reverse merger with its subsidiary HDFC Bank