For tomorrow's money
CBS4 has learned a ratings agency plans to minimize 27 of the 40 Florida-based property insurance companies. It’s a move that could leave millions of owners of house statewide paying high amounts, even leaving some to find a new insurer around them. “Very strong impact the market here, the real estate market, the housing market, […]
In a first advisory, the Insurance Regulatory and Development Authority of India (Irdai) has a plan to get premium growth targets over a five-year period for life insurance companies, in addition to double insurance penetration in the country. In e-mail communications to the MDs and CEOs of life insurance companies, the insurance regulator has suggested a gross written premium (GWP) growth […]
Insurance one of the most commonly requirement of an every individual, India’s life insurance industry is expected to grow at a compound annual growth rate (CAGR) of 10.9% through 2026, driven by growing awareness and positive regulatory landscape and in terms of gross written premiums. In 2022, many financial analysts stated that ages between 18 […]
City Union Bank (CUB) and Aditya Birla Health Insurance have announced in front of a media to collaborate for distribution of health insurance products through the bank’s network. While this is the 14th agreement by Aditya Birla Health Insurance with a bank for the with a worthy partnership, City Union Bank has already entered into […]
Motor vehicle insurance is most commonly used insurance by everyone in the country. we can not even imagine Indian individual without two -wheeler and followed by insurance. Now Private insurance company has announced the launch of ‘Pay-as-you-drive’ add-on feature to its motor insurance product portfolio. It benefits vehicle-owners with low usage to earn a discount […]
The biggest investment bank, JPMorgan has set up a unit to compete with growing competition from direct borrowers, committing a “significant bulge of capital” to hold leveraged loans on its balance sheet. JPMorgan is funding the loans and intends to hold them to maturity rather than underwriting the debt for syndication, a practice where the […]
Day in pay loans will be the good option if you’re looking for a instant solution to your financial burden. Payday loans are short-term, quick approved loans to help you offset your financial requirements. The internet is full of payday loan finder services, making it challenging to choose legitimate and trustworthy ones. Luckily, after countless […]
Debit and credit card rules extended to some extent after getting a lots of representations from different industry sectors. The Reserve Bank of India (RBI) has again extended the debit and credit card token rule deadline to September 30.The Reserve Bank stated that the industry stakeholders had stated some issues related to the implementation of the […]
Private sector lender, Kotak Mahindra Bank reported a 26 per cent rise in net income at ₹ 2,071.00 crore in the June quarter, buoyed by record margins and a decline in bad loans. On a total basis, the city-headquartered financial services group, which is also into life and non-life insurance, share broking, asset reconstruction, and AIF, among […]
Adani Group came near to the State Bank of India (SBI) for a loan worth Rs 13,000 crore to build a new plant in state of Gujarat. The new facility is being planned to manufacture of polyvinyl chloride (PVC) from coal, a Mint report stated. The total cost of setting up the project is expected around […]