TATA AIG CAR INSURANCE

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Insurtech startup Coversure raised $4 million in pre-series A funding led by Enam Holdings. They plan to build a consumer-centric insurance engagement platform using data intelligence and machine learning capabilities.

Troubled fintech Paytm will increase focus on insurance distribution. It had earmarked Rs 950 crore to invest in the entity applying for the general insurance licence but it now expects to conserve that cash. The Noida-headquartered company will foc...

Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellanti...

Axis Bank has introduced the ‘ARISE ComeAsYouAre’ talent acquisition programme to recruit individuals from the LGBTQIA+ community across India for careers in banking. The initiative focuses on skills-based hiring, offering equal opportunities to fre...

Aurm partners with Tata AIG to provide innovative insurance coverage for valuables. Suraj HS, co-founder, emphasizes the collaboration as a milestone in asset security and insurance solutions.

Senior management at Mahindra Finance is witnessing a paradigm shift as vice chairman Ramesh Iyer passes the reins to Raul Rebello at the end of April. Though developing new business models would take some time, analysts believe the company's strong...

Maruti Suzuki India's shares rose 4% to hit a new 52-week high, joining the club of stocks with a market capitalization of Rs 4 lakh crore, such as Reliance Industries and Larsen & Toubro.

Most luxery EVs are imported as low volumes make local assembly unviable. Tata Motors, MG Motor India, and Mahindra & Mahindra are reducing the price disparity between their electric vehicles and traditional petrol/diesel models due to decreasing ba...

Flight delayed or cancelled? Hundreds of flights have been delayed from the Indira Gandhi International Airport in Delhi due to low visibility amid dense fog in the last few days. You need to keep in mind that airlines are not obliged to compensate ...

With ships passing through the region becoming the target of increasing attacks and the resultant declaration by the JWC of Lloyds and other reinsurers of these waters as a high-risk area for shipping, major global shipping companies have proactivel...

If you are planning to buy a new insurance policy or port your existing health insurance policy to a new insurer, do remember to check the latest claim settlement ratio of all insurers before finalising one. Irdai has released the claims payment det...

Meanwhile, private insurers grew the combined market share to 53.58% up from 50.81%, with a growth rate of 21.13%.

Tata AIG General Insurance and HDFC Ergo are in the market raising subordinated debts. HDFC Ergo recently raised ₹320 crore through a 10-year bond offering at an interest rate of 8.15%.

Ved takes on the role following the retirement of Roopam Asthana, who was instrumental in establishing Liberty's business operations here. Liberty General India began operations in 2013 and has an employee strength of over 1,100.

The industry saw premiums amounting to Rs 19,291 crore, marking a 12.80% increase compared with the same month last year. Bajaj Allianz General Insurance saw 64% growth while Tata AIG General Insurance saw a 26% jump in the gross written premium, wh...

Insurance companies are launching international student insurance covers for Indian students studying abroad. These hybrid policies combine both travel and inpatient health insurance benefits, as well as transit and travel risks like baggage and doc...

Cyber insurance premiums have surged 50-60% in the past year as reinsurance rates have gone up amid a global increase in cyberattacks and ransomware incidents. To cope with these soaring costs, companies are adopting measures such as reducing covera...

HDFC Credila Financial Services bondholders are concerned about potential write-downs after the company's ownership transfer from its AAA-rated parent company to a potentially lower-rated private equity firm, at least five institutional bondholders ...