Mahindra Financial Services Announced Its Partnership With Bighaat

To take special care of health and motor insurance requirements of rural India. Mahindra Insurance Brokers (MIBL), a subsidiary of Mahindra & Mahindra Financial Services (Mahindra Finance), today reported its partnership with BigHaat, India’s leading Agri Digital Platform. This partnership will offer financial solutions for the casual Agri segment of India’s workforce. In addition, Mahindra … Read more

As Covid Restrictions Ease Know These Angles of Motor Insurance Policies

According to the Motor Vehicle Act, driving a car without insurance is illegal. Motor insurance provides consumers financial cushion in case of a significant accident, theft or damage to the vehicle caused by a natural calamity or any other reason. In the last two years, people have restricted their travel because of subsequent Covid lockdowns … Read more

Tata Leaves the Race to Buy Reliance Capital’s General Insurance Arm

Tata AIG General Insurance Company, a subsidiary of Tata Sons, has exited the race to buy the general insurance arm of Reliance Capital, Reliance General INSURANCE PROVIDER (RGICL), following the delayed sale and in light of a rule that the business will have to bid for few other companies along with other bidders as partners. … Read more

To Implement Beed Model in Crop Insurance Maharashtra Govt Floats Global Tenders

After obtaining the green signal from the Centre, the Maharashtra government has chosen to execute the Pradhan Mantri Fasal Bima Yojana (PMFBY) in the arrangement of what’s known as the “Beed Model”.. The model, which was first experimented on Beed, entails insurance firms returning a portion of the premium collected in the event compensation payout … Read more

Free Accidental Insurance for Fishermen’s

The fishermen (machhua) community will get free accident insurance under the Pradhan Mantri Matsya Sampada Yojna. The registration for the scheme has started in the state. It is a free insurance scheme where no premium is charged to beneficiaries aged 18 to 70 years. The coverage includes Rs 5 lakh against accidental death or prolonged-lasting … Read more

JPMorgan Turns Bullish on This ‘cheapest, Biggest’ Indian Stock

Shares of the country’s most significant insurer Life Insurance Corporation (NS: LIFI), have already been on a correction slide since its listing on the India good bourses on May 17, 2022, at a 9% discount. Currently trading 0.3% higher at Rs 656.5 apiece, LIC’s shares have plummeted 30.8% per month compared to its IPO issue … Read more

IRDAI to Propose to Make Insurance Frauds Link With Individuals’ Credit Score

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have broader political and financial implications for the country and the world. Your encouragement and continuous feedback on how to boost our offering have only made our resolve and commitment to these ideals stronger. … Read more