BANKING & FINANCE
HDFC Life Insurance Maintains Top-3 Position; PAT Rises 6% In FY26
HDFC Life Insurance Company Ltd, a long-term life insurance solutions provider, maintained its position among the top three insurers by individual weighted received premium in FY26, with private sector market share at 15.2% for 11 months. The company outperformed the industry in key segments, with retail protection growing 43% and the agency channel also expanding […]
CW Bureau
·
Apr 24, 2026
HOSPITALITY
Thomas Cook India, SOTC Launch Trip Cancellation Cover For Visa Rejection
Thomas Cook (India) Ltd and its group company SOTC Travel have launched a trip cancellation cover for visa rejection, offering financial protection to travellers against losses arising from visa denials. The companies said the product, underwritten by ICICI Lombard General Insurance, addresses a long-standing concern around non-refundable expenses in the event of visa rejection. Insurance-backed […]
CW Bureau
·
Apr 20, 2026
BANKING & FINANCE
Axis Max Life Insurance To Raise ₹389 Cr Via Preferential Issue To Axis Bank
Axis Max Life Insurance Ltd (formerly Max Life Insurance Co Ltd), a leading private insurer, has decided to raise ₹389 crore to support its future growth initiatives through a preferential issue of equity shares to Axis Bank. Accordingly, Axis Max Life will issue 2.51 crore equity shares of face value ₹10 each at a premium […]
CW Bureau
·
Apr 3, 2026
ECONOMY
ME War Puts Marine Insurance On Edge: Policy Bazaar R. Balasundaram
The sudden escalation of hostilities in the Middle East region has triggered serious concern across the global marine insurance industry, particularly for vessels and cargo moving through the Gulf region. In an exclusive interaction with Corpwhizz, Policybazaar Head – Marine Insurance R. Balasundaram said insurers and underwriters had already been closely monitoring the region around […]
CW Bureau
·
Mar 12, 2026
ECONOMY
Non-Life Premiums Sustain Double-Digit Growth In December 2025
Non-life insurance premiums grew by 13.7% year-on-year in December 2025, extending the double-digit growth trend for the second consecutive month, albeit at a more moderate pace compared to November, with premium collections reaching Rs 28,446.8 crore. This continued acceleration in growth could be attributed to an increase in the health, motor, and fire segments, according […]
CW Bureau
·
Jan 19, 2026
