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  • 23 Dec 2016

    SBI will kick off process in FY18 to list its insurance arm

    SBI Life was valued at Rs 46,000 crore during a recent stake sale in December when the State Bank of India (SBI) announced it would divest 3.9 percent stake in its insurance arm for Rs 1794 crore. This made the insurer the highest valued life insurer. 

  • 18 Dec 2016

    Fresh merger structure to IRDA by Max Life-HDFC Life

    In the wake of Insurance Regulatory and Development Authority of India's reservation about the deal structure in the proposed merger of Max Life Insurance Company with HDFC Life, a new structure is likely to be submitted soon, IRDA officials said.

  • 10 Dec 2016

    Insurance against terror attacks, buy a cover if you are in a sensitive zone

    The threat of terror attacks is an omnipresent one. With rising India-Pakistan tension after India’s surgical strikes on Pakistan Occupied Kashmir (POK), the possibility of loss of life and property on due to terrorism may have increased. In such a situation, insurance plays a big role in limiting damage caused by terrorists.