BANKING & FINANCE
ICICI Prudential Charts Promoter Shift Amid Prudential’s Bharti Life Deal
A proposed acquisition by Prudential Corporation Holdings Ltd is set to trigger significant governance changes at ICICI Prudential Life Insurance. In a regulatory filing, ICICI Prudential Life said its promoters, ICICI Bank and Prudential Corporation Holdings Ltd, have executed a Letter of Undertaking to address governance and management-related matters while Prudential pursues the acquisition of […]
CW Bureau
·
Jul 5, 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
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Jul 2, 2026
BANKING & FINANCE
Policybazaar Unveils India’s First Health Claims Experience Index
Policybazaar has unveiled the Health Claims Experience (HCX) Index, which it describes as India’s first benchmark designed to measure how customers experience the health insurance claims journey. The index has been launched as part of the second edition of its nationwide consumer study, Is India Happy with Health Insurance Claims? 2.0. Measuring customer experience beyond […]
CW Bureau
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Jun 22, 2026
GENERAL
Life Insurance Renewal Premiums Account For 55% Collections In FY25
Renewal premiums contributed 55% of the total premium underwritten by India’s life insurance industry in FY25, underscoring strong policyholder retention and the long-term nature of life insurance products, according to an analysis of the IRDAI Annual Report 2024-25 by the Insurance Awareness Committee–Life Insurance (IAC-LI). The industry reported total premium income of ₹8.86 lakh crore […]
CW Bureau
·
Jun 3, 2026
