Life insurance premium collections grew by 10.78 per cent during the first quarter of the current fiscal to Rs 36,729.79 crore against Rs 33,156.16 crore during the same quarter last year, according to figures released by insurance regulator IRDAI.
Banking professional Arijit Basu has taken over as a new Managing Director of State Bank of India (SBI), an official said on Monday.
Aviva Life Insurance on Tuesday launched a chatbot named "ALISHA" in partnership with Findability Sciences -- a cognitive and artificial intelligence (AI) solutions company.
Bajaj Allianz Life Insurance Company is aiming to maintain its new premium collection growth rate at 29 per cent this year also, said a senior official of the company.
After a blockbuster 2017, the primary mkt is expected to remain robust in 2018 with Dalal Street looking at over Rs 35,000 cr of IPOs, a significant proportion of which are PE-backed, says a report.
Aviva Life Insurance will provide customers the service of writing a digital will for a smoother transfer of their possessions to near and dear ones.
ICICI bank appointed N.S. Kannan as the Managing Director and Chief Executive Officer (CEO) of ICICI Prudential Life Insurance Company, "subject to regulatory and other approvals".
The ICICI Bank announced that its CEO Chanda Kochhar would be on leave till completion of the internal enquiry against her and named Sandeep Bakhshi as COO.
IndiaFirst Life Insurance on Thursday reported 46 per cent year-on-year growth in net profit at Rs 510 million during financial year 2017-18.
Increasing optimism of recovery in earnings helped the Nifty inch closer to the 10,700-mark, even as mid-caps and small-caps continued to underperform.