BANKING & FINANCE
New India Assurance Expands Maritime Risk Cover, Eyes Retail
The New India Assurance Co. Ltd (NIA) has established the Bharat Maritime Insurance (BMI) Pool and the Bharat Marine Pool (BMP) to provide war-risk insurance cover for Indian shipping, while sharpening its focus on the retail and MSME segments as the next phase of growth. The maritime insurance mechanism will protect Indian trade from geopolitical […]
CW Team
·
Jul 27, 2026
BANKING & FINANCE
Cholamandalam Investment Aims To Become Leading Financial Institution
Cholamandalam Financial Holdings Ltd (CFHL), the Core Investment Company of the Murugappa Group said its financial services arm Cholamandalam Investment and Finance Company Ltd (Chola) is making steady progress towards its long-term goal of emerging as a leading financial institution. The company said investments in technology, product expansion and customer engagement continue to support sustainable […]
CW Bureau
·
Jul 23, 2026
BANKING & FINANCE
QBE Acquires Full Ownership Of Raheja QBE General Insurance Firm
Australian insurer QBE Insurance Group Ltd has acquired 100% ownership of Raheja QBE General Insurance Co. Ltd following approval from the Insurance Regulatory and Development Authority of India (IRDAI). The acquisition ends the company’s 18-year joint venture with Prism Johnson Ltd and marks a significant step in QBE’s expansion strategy across Asia. Following the transaction, […]
CW Bureau
·
Jul 2, 2026
BANKING & FINANCE
ICICI Lombard Charts Long-Term Growth Roadmap For Next 25 Years
ICICI Lombard General Insurance Company Ltd, which recently completed 25 years of operations, has outlined a long-term roadmap focused on customer-centricity, digital transformation and disciplined growth as it prepares for the next phase of expansion. Chairperson, Rakesh Jha, said the company would continue to deepen its customer-first culture and invest in capabilities that help understand, […]
CW Bureau
·
May 27, 2026
