BANKING & FINANCE
Prudential Redraws India Play With ₹3,500-Cr Bharti Life Acquisition
Asia-focused insurance giant Prudential plc is sharply repositioning its India strategy with a ₹3,500 crore acquisition of a controlling stake in Bharti Life Insurance Company Ltd, signalling a deeper long-term commitment to one of the world’s fastest-growing insurance markets. The transaction will see Prudential acquire a 75% stake in Bharti Life from Bharti Life Ventures […]
CW Bureau
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May 17, 2026
BANKING & FINANCE
HDFC Life Announces Record Bonus Payout Of ₹4,596 Cr For Policyholders
HDFC Life has announced a bonus of ₹4,596 crore for participating policyholders, marking the highest bonus declaration in the company’s history. The bonus was approved at the company’s board meeting held on April 16, 2026, and will benefit around 22.2 lakh participating policyholders, underlining HDFC Life’s focus on long-term value creation and customer-centric growth. Majority […]
CW Bureau
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May 15, 2026
BANKING & FINANCE
Oriental Insurance Hits ₹20,000 Cr Gross Premium Milestone In FY26
The Oriental Insurance Company Ltd (OICL) has crossed ₹20,000 crore in gross premium for FY 2025–2026, marking a significant milestone in its growth journey. This achievement reflects the growing trust of policyholders, intermediaries, and stakeholders, not only in OICL but also in public sector insurance institutions at large. The milestone aligns with the government’s broader […]
CW Bureau
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Mar 27, 2026
BANKING & FINANCE
Allianz Jio Re Commences Operations In India, Offers Robust Risk Solutions
Jio Financial Services Ltd (JFSL) and Allianz Group (Allianz) through its wholly-owned subsidiary Allianz Europe B.V, have announced that their reinsurance JV Allianz Jio Reinsurance Ltd (Allianz Jio Re), has commenced operations and is authorised to underwrite reinsurance in India with immediate effect. Regulatory Approval Secured from IRDAI Allianz Jio Re received final regulatory approval […]
CW Bureau
·
Mar 26, 2026
