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LIC News Update: R Doraiswamy Recommended as Next MD & CEO

LIC News Update: R Doraiswamy Recommended as Next MD & CEO

The Financial Services Institutions Bureau has recommended R Doraiswamy as the next MD & CEO of LIC. Currently, Sat Pal Bhanoo serves as interim chief until September 7, 2025, or until a permanent appointment is confirmed. Doraiswamy's appointment awaits final government approval.

2 min read
Go Digit Life Insurance crosses ₹1300 crore in revenue

Digit Life Insurance crosses ₹1,300 crore revenue in FY25

Digit Life Insurance has made a strong debut, collecting over ₹1,300 crore in FY25. Backed by Go Digit’s brand and digital-first approach, its performance highlights a focus on group business and simplicity in insurance products. But is it enough to challenge India’s life insurance giants?

5 min read
LIC Gets a New Chief: Sat Pal Bhanoo takes charge as CEO & MD as Mohanty exits.

LIC Gets a New Chief: Sat Pal Bhanoo takes charge as CEO & MD as Mohanty exits.

Sat Pal Bhanoo takes over as interim CEO & MD of LIC, following Siddhartha Mohanty’s exit. With full executive powers until September 2025, Bhanoo’s leadership comes at a crucial time as LIC eyes expansion and strategic shifts in India’s insurance landscape.

3 min read
New India Assurance to Launch Parametric Insurance for Climate Risks

Parametric Insurance for Climate Risks: Ft New India Assurance

New India Assurance is set to launch parametric insurance to protect farmers from climate risks. This marks a strategic shift from traditional indemnity-based policies. Here's what this move means for the insurance industry and how it could reshape risk coverage in India.

5 min read
Jio's Potential Allianz: A General Insurance Collab Master Stroke?

Jio’s Potential Allianz: A General Insurance Collab Master Stroke?

Is the Bajaj Allianz breaking up their partnership? Will Jio be the one to swoop in and grab the opportunity to enter the general insurance market? Will Jio bring in another revolution like it did with the telecom industry? Here’s the scoop!

4 min read
LIC’s latest venture into the health insurance industry | Insurance News 2025!

Will LIC Breach the Health Insurance Borders in 2025?

LIC - the OG of the life insurance industry is reportedly all dolled up and ready to dip its toes in the health insurance industry! What would this mean for the private health insurers? Who is the partner tying up with LIC?

4 min read
Apple Watch HDFC ERGO Collaboration

HDFC Ergo’s “Apple” of an Eye!

HDFC ERGO partners with Apple to launch the India Gets Moving program. Read to know what this means for iPhone users and HDFC Ergo policyholders!

3 min read
How changes in GST impacts health and life insurance premiums in India?

GST reduction on Health & Life Insurance Premiums: Boon or Bane?

The GST Council is set to discuss GST on health and life insurance premiums in the December 2024 meeting. Here’s how this decision could impact you (the policyholders) and insurance companies.

2 min read