Latest Updates Around The World
At the end of December 2026, ICICI Bank and Prudential Corporation Holdings held 50.95% and 21.93% stake in ICICI Pru Life respectively. | Photo credit: FRANCIS MASCARENHAS The Board of Directors of ICICI Bank has approved the purchase of up to 2 percent additional shares in its subsidiary, ICICI Prudential Life Insurance Company Ltd. This […]
If you’ve ever wondered how your choices compare to those of other Canadians, PolicyMe’s recently released 2026 survey: Canadian term life insurance: a snapshot of the marketgives some answers. The study analyzed more than 18,000 customer interactions and revealed coverage preferences, beneficiaries’ choices and health habits across generations. $500,000 is the sweet spot Across all […]
The combined market valuation of six of the top 10 most valued companies rose by Rs 63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest gainers.The 30-share BSE Sensex rose 187.95 points, or 0.22 percent, in the past week. Larsen & Toubro, State Bank of […]
Raising premiums above the inflation rate – sometimes even steeply above – is a common response, but experts say insurers are also increasingly excluding coverage for certain risks, raising deductibles and reducing their exposure to higher-risk areas. As Morningstar DBRS said in a November report, “The Canadian market is showing early signs of coverage tightening.” […]
PhonePe, which has built its scale on the Unified Payments Interface (UPI) with over 657 million registered users, uses payments as a distribution layer rather than a primary source of revenue. | Photo credit: SAMYUKTA LAKSHMI Walmart-backed fintech giant PhonePe is sharpening its financial services operations ahead of its proposed stock market listing as loan […]
A senior banker underlined that the RBI’s proposal could impact larger banks, which have a large CASA (current account, savings account) base and have built up the ability to aggressively sell third-party products | Photo credit: REUTERS/AJAY VERMA Banks may become more cautious in selling third-party products if the draft instructions for advertising, marketing and […]
Any deals that emerge from the talks would mark the first time Korean insurance companies have entered the Indian insurance sector. South Korean companies Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co are in exploratory talks to enter India’s $130 billion insurance market, three Indian sources said. […]
Buying a used car can be a practical way to enjoy the benefits of car ownership without the high price tag of a new model. However, taking out the right car insurance is just as important as choosing the car itself. With numerous policy types and price variations, it can be difficult to understand your […]
“Gina and David are seasoned, highly respected HELOC experts who understand how these products work and who they are for,” said David Peskin, CEO of HighTechLending, in a statement. “They recognize the growing need for more flexible home equity solutions and bring the experience and credibility needed to help our broker partners deliver solutions that […]
Car repairs postponed? Oman now forces insurers to pay you in cash for each additional day In a significant shake-up to Oman’s car insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now require compensation from insurers if car repairs are not completed on time, a first in the Gulf region and […]
