Tag: insurance sector India
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 · May 15, 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