Latest Updates Around The World
The government’s recent announcement to introduce 100 percent foreign direct investment in the insurance sector has “empowered the regulators,” said LIC director Dinesh Pant. He further noted that India’s focus on its insurance sector through key announcements in Budget 2026, along with recent policy changes such as a reduction in VAT and the Insurance Amendment […]
Mahindra & Mahindra (M&M) and Canada’s Manulife have announced a 50:50 life insurance joint venture to strengthen their financial services presence in India, pending regulatory approval Mahindra & Mahindra and Manulife have announced an agreement to form a 50:50 life insurance joint venture, subject to regulatory approval. The total capital commitment of each shareholder is […]
