New India Assurance Company Ltd. has received a ₹255.68 crore income tax refund. The payment includes ₹233.11 crore for Income Tax and ₹22.57 crore in interest. The company reported this to SEBI, and the funds are expected to boost its l...
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SBI Life Insurance Deputy CEO Dorababu Daparti will move to a senior leadership position within the SBI Group on May 18, 2026. He will become MD & CEO (Designate) of SBI-SG Global Securities Services Pvt. Ltd., reflecting leadership mobi...
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LIC members have strongly backed key corporate actions, including a ₹63,250 crore bonus share issuance and several board appointments, via postal ballot. This signals robust shareholder confidence as the company prepares for new share li...
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LIC shareholders have overwhelmingly backed a ₹6,324.99 crore bonus share issuance and the re-appointment of directors via postal ballot. The results, finalized on May 18, 2026, reflect strong shareholder confidence in the state-owned in...
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Star Health and Allied Insurance Company Ltd. will meet with analysts and investors from Yes Securities on May 21, 2026. This session, part of the India Manthan Conference 2026, aims to cover the company's outlook and investor queries.
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Prudential plc is buying a 75% stake in Bharti Life Insurance for ₹3,500 crore. This deal requires Prudential to cut its stake in ICICI Prudential Life Insurance to below 10%, ending its promoter status there. Regulatory approval is needed.
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Life Insurance Corporation of India (LIC) is set to participate in a virtual investor meet on May 22, 2026, organized by Centrum Broking. The event, themed 'Nakshatra III - Shining Stars amid Global Turbulence', will allow LIC to engage...
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ICICI Lombard's board has recommended a ₹7 per share final dividend for FY26, subject to shareholder approval at the AGM on June 19, 2026. Key dates include a May 29, 2026, record date, with payouts expected by July 3, 2026. The company...
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General Insurance Corporation of India's board has greenlit a ₹469 crore capital infusion for its Labuan, Malaysia branch. The move aims to restore solvency and meet LFSA guidelines, but requires crucial regulatory approvals before final...
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General Insurance Corporation of India (GIC Re) has appointed Rajesh Laheri as its new Chief Financial Officer (CFO). He succeeds V. Balkrishna, who is retiring from the role. This marks a significant leadership transition for the nation...
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General Insurance Corporation of India (GIC Re) has appointed Sanjeeb Mishra as its new Company Secretary, Compliance Officer, and Key Managerial Person. The move, effective upon completion of formalities, follows the departure of Sathee...
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The New India Assurance Company Ltd. has appointed Hari Har Mishra, an Additional Secretary from the Ministry of Finance, as a Government Nominee Director to its Board. The move fills a vacancy and brings a senior government perspective...
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Cholamandalam Financial Holdings announced its FY26 results, showing its general insurance arm, Chola MS, achieved ₹7,762 crore in Gross Direct Premium Income (GDPI). The company posted a Profit Before Tax (PBT) of ₹454 crore, even with...
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Medi Assist Healthcare Services reported robust full-year FY26 results, with total premiums managed leaping 22.8% to ₹25,923 crore. Technology revenue surged 91.9% on AI platforms, while the company achieved debt-free status. Integration...
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Go Digit General Insurance will host in-person investor and analyst meetings in Mumbai from May 29 to June 8, 2026. These sessions aim to reinforce key details from the company's Q4 FY26 earnings. The meetings provide institutional inves...
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LIC's board composition is set to change as Shri Sanjay Lohiya takes over as Government Nominee Director from May 13, 2026. The transition sees Ms. Shalini Pandit step down, impacting her roles in crucial board committees like Audit and...
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ICICI Lombard General Insurance Company has issued 216,423 new equity shares under its employee stock schemes. These shares, granted via the 2005 ESOP and 2023 ESUS, aim to retain and reward talent, including a whole-time director. This...
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Star Health and Allied Insurance has begun a postal ballot to seek shareholder consent on key resolutions. These include the continuation of a nominee director and reclassifying promoter entities to the public category. Shareholders will...
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Niva Bupa Health Insurance finished FY26 with strong results, reporting ₹9,433 crore in Gross Written Premium (GWP), a 27.4% rise. The insurer achieved ₹366 crore in Profit After Tax (PAT) with a 10.7% Return on Equity (ROE). Key improve...
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Jio Financial Services Ltd (JFS) and global partner Allianz have officially incorporated their joint venture, Jio Allianz General Insurance Limited (JAGIL), on May 12, 2026. The JV aims to tap into India's growing general and health insu...
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