Globally, Snapchat had 265 million daily active users in the December 2020 quarter. Over five billion 'snaps' were created daily on average by users on the platform

Securitisation is the process of pooling and repackaging homogenous illiquid financial assets into marketable securities that can be sold to investors

The proposal to provide capital support to three public sector general insurance companies - Oriental Insurance Company Limited (OlCL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL) - has already been approved by the Union Cabinet last year

Lenient FDI regulations, listing of LIC, and privatisation of a government-owned general insurer should benefit the broader domestic insurance market as these entities hold dominant positions, says Moody's

The qualified institutional buyers (QIBs) category was subscribed 8 times, non institutional investors 32.72 times and retail individual investors 26 times

The Insurance Regulatory and Development Authority of India (Irdai) had issued MISP guidelines in 2017 with the intention of streamlining the process and bringing the practices of vehicle insurance, being sold by automotive dealers under the provisions of the Insurance Act, 1938

The protection gap is 80-90 per cent in the country, so only 20 per cent people have any kind of insurance protection either in the form of life or general insurance, IRDAI Chairman S C Khuntia said

The insurers should make efforts to have agreement with health providers on rates for treatment of Covid-19 similar to other diseases for which rate agreements are in place, IRDAI said

Product innovation will gain traction as the industry Gets set to go on a digital overdrive

Several studies throw up structural, logistical and financial challenges to the growth of crop insurance in India, jeopardised by apparent profiteering by insurance companies

Embassy REIT is India's first publicly-listed REIT (Real Estate Investment Trust) sponsored by Blackstone and Embassy group

Auto sector revival hits a speed breaker in November With the end of the festive season in the middle of November, revival in demand for automobiles in India has started to wane. Three continual months of growth led many to believe a strong revival was well and truly on. Instead, it slowed down 8.92 per cent on annual basis. This confirms auto sector's worst fear that the revival was merely on the back of pent up demand which would be unsustainable beyond festive season.OYO has $1 billion ...

The plans offer coverage under two different conditions, the first being one where job/income is lost due to termination/lay-off or retrenchment, and the second condition is where job/income is lost due to disability or death

The ministry has asked these companies to expand their business through digital medium. They've also been asked to cut the flab by rationalising branches and rein in other avoidable expenses like guest houses, etc, PTI reported citing sources.

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Taking a lead, few insurers have started covering OPD expenses as an in-built feature in the main policy, while Star Health has launched a standalone OPD cover around 10 months ago

Newly listed insurance, mutual fund, pure play credit card and small finance banking players are charming Dalal Street

India Stock Market Highlights Today: M&M, followed by Bajaj Finance, Kotak Bank, SBI, ONGC, L&T, Tata Steel, Bajaj Finserv and Maruti were among the top gainers on Sensex pack. On the other hand, IndusInd Bank, HUL, PowerGrid, Titan and Nestle India were among the top losers today

Air India Express plane crash: New India Assurance, which is the primary insurer of Air India, has paid Rs 378.83 crore as a hull claim to the airline

Once you fill in and submit the portability form along with the proposal form to the new insurer , it will seek the necessary details of your medical history and claim history from the existing insurance company