Latest News on Insurer
Showing of 0 - 10 from 7 results
Insurer - Total results - 7
Mar 12, 2019
HDFC Life shares plunge over 5% as promoter Standard Life announces to sell nearly 5% stakeCurrently, Standard Life holds 29.2 percent stake in HDFC Life, while mortgage firm HDFC has a 51.5 percent stake.
Jan 14, 2019
LIC's market share falls below 70% in FY 2018; private insurers get aggressive, share up over 30%The market share of private insurers in new business premium also saw an increase during 2017-18 over the previous year.
Sep 19, 2018
LIC yet to seek open offer exemption for state-run IDBI takeover, says Sebi chairman Ajay TyagiLIC received Irdai approval to hold 51 percent stake in the bank in June on the condition that the insurer will gradually bring its stake in the bank down after a few years.
Mar 23, 2018
Cabinet clears 'Modicare': All you need to know about the biggest free health insurance schemeGetting state governments to buy into Modicare and execute it by August, 2018, will be a huge challenge, especially in a big election year.
Oct 28, 2016
Air India to tap LIC for Rs 10k-cr loan; will it further impair the airline's balance sheet?Airline may also get a moratorium on repayment of principal for anywhere between three-five years since two government owned entities will be negotiating the deal
Oct 20, 2016
If Air India is turning around, why should LIC offer low-cost loan to the Maharajah?Talks with Air India for a softer loan rate comes after the insurer last year in a similar agreement had announced to provide financial package of Rs 1.5 lakh crore till 2020 to Indian Railways
Sep 19, 2016
ICICI Prudential Life's Rs 6,057 cr IPO: Key facts you need to knowThe private life insurer, majority owned by ICICI Bank, has already raised Rs 1,635.33 crore from the 40-odd anchor investors on Friday