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LIC ventures into health insurance. Chairman Mohanty shares insights on preliminary preparations for this expansion

LIC Expands into Health Insurance Reportedly, LIC, or the State-run Life Insurance Corporation of India, is planning to enter the health insurance sector. The company...

Online Insurance Nightmare: Survey Reveals 61% Trapped in Non-Cancelable Policies

Online Insurance Nightmare A recent survey by LocalCircles, a consumer advocacy group in India, has exposed the widespread use of deceptive practices, known as "dark...

Insurance news: Approximately 700 surety bonds valued at ₹3,000 crore have been issued by insurance companies

Insurance news: Approximately 700 insurance surety bonds valued at around ₹3,000 crore have been issued by various insurance companies to date, an official statement said...

Insurance: Survey reveals that 6 out of 10 consumers complain about insurance mis-selling

Insurance survey: Highlighting the widespread issue of manipulative selling in the insurance sector, a survey by LocalCircles found that six out of 10 consumers using...

HDFC Life Insurance announces a bonus of Rs 3,722 crore for its policyholders

HDFC Life Insurance announcement: HDFC Life Insurance announced its highest-ever bonus of Rs 3,722 crore on participating plans for nearly 22.23 lakh policyholders on Wednesday....

The highly anticipated Go Digit IPO opens today for bidding

Go Digit IPO Update Power couple Anushka Sharma and Virat Kohli-backed Go Digit is set to launch its initial public offering (IPO) on Wednesday, May...

IRDAI extends life and health insurance accessibility to grassroots levels.

IRDAI call: In a move aimed at democratizing insurance access, the Insurance Regulatory and Development Authority of India (IRDAI) has mandated life and general insurers...

LIC reaches its peak April premium since 2014, boasting a collection of Rs 12,383.64 crore

LIC achieves its highest April premium: In April 2024, Life Insurance Corporation of India, the nation's largest life insurer, achieved its highest premium collection, surpassing...

Health insurance: The government may propose a 12% GST rate, with the goal of enhancing coverage through a reduced rate

Health insurance news update: To enhance the affordability and appeal of health insurance, the government may propose reducing the GST tax rate to 12% from...

Health insurance:Survey finds that 43% of policyholders encountered obstacles when trying to obtain claims following treatment

Health insurance claim hustle: Nearly 40% of patients encountered obstacles in securing their health insurance claims. A survey revealed that 43% of health insurance policyholders,...

Insurance News: Jammu and Kashmir high court verdict may negatively impact over vehicle insurance claim

Insurance news update: The High Court of Jammu and Kashmir and Ladakh has determined that an insurance company cannot be held accountable to compensate an...

The Reserve Bank of New Zealand warns that insurance could become prohibitively expensive for homes deemed high-risk

The Reserve Bank of New Zealand The Reserve Bank of New Zealand has cautioned that New Zealanders who own properties in flood-prone or earthquake-prone areas...

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HBAR Foundation invests in Fidelity International’s USD Money Market Fund, tokenized by Archax

The HBAR Foundation today announces an investment in Archax's tokens representing Fidelity International's United States Dollar (USD) Money Market Fund (MMF) shares*. This investment follows the recent tokenization of...

Bybit FX Insight: Yen carry trade outlook for 2025 and the future of the popular funding currency

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new FX Insight report analyzing the evolving landscape of the Japanese yen...

Bank47 expands to Huntsville with a new brand and concierge banking

Bank47, formerly LifeSteps Bank and Trust, is proud to establish its headquarters in Huntsville, marking an exciting new chapter with a fresh brand and...

Gracie Point announces close of successful capital raise to fund continued expansion

Gracie Point Holdings, LLC ("Gracie Point"), a leading global provider of life insurance premium finance, announced today that it has closed on an equity...