MD Rajesh Sud says Max Life is exploring business opportunities with insurance companies

Max Life Insurance is on the lookout for a new business venture with insurance companies and the deal will be backed by the banking division. This comes in after the last deal with HDFC Life…

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The Real Story Behind Buying Insurance from an Agent

The Real Story Behind Buying Insurance from an Agent

Buying an insurance is as simple as 1, 2, and 3 in this fast-evolving world. However, it is the research and methodology you put in before the buying process is what matters the most. Insurance…

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Apollo Munich Health Insurance aims at raising Tier II capital

Health insurance firm Apollo Munich Health Insurance is on the lookout for raising funds. And it plans to do so following the Tier II capital way. Apollo Munich’s CEO, Anthony Jacob said that depending on…

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SBI Life Insurance will allot its shares today

SBI Life Insurance wanted to raise Rs. 8400 crore via the Initial Public Offering and the same would be allocated today. On the 22nd of September, which was also the final day of the issue,…

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People Are Afraid To Buy Insurance

Why People Are Afraid To Buy Insurance In India?

Most foreign nations hold health insurance as mandatory for its citizens. Why? Because, they realize the importance of health care and proper medical treatment. But, in India, people are still unsure and sometimes afraid to…

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HDFC Life and Max Life Calls Off the planned Merger

Max Life Insurance Co Ltd and HDFC Standard Life Insurance Co Ltd have not succeeded to get the regulatory approval for a merger and thus, have called it off. Had the merger happened, it would…

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Gross Direct Premium of General Insurance Companies Grows by 35% in June

The Insurance Regulatory and Development Authority of India (IRDAI) has released data which shows that the gross direct premium of General Insurance companies in the country has increased by 35%. The increase can be attributed…

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Government’s Crop Insurance Companies Helped Insurance Companies, Not Farmers

The Comptroller and Auditor General (CAG) has announced in its report that the insurance schemes pushed by the government have not achieved much, and have only helped the insurance companies. The same has also been…

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Max and HDFC Life Merger: A New Plan Under Process

Since last year, Max India Life Insurance has been working hard on its planned merger with HDFC Life for its insurance business. HDFC Life is India’s top mortgage-financier company and it recently announced to sell…

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SBI Life Looking at Raising $1million after filing for IPO

Like several other insurance companies, SBI Life too on Monday issued its red herring prospectus for its IPO. No primary capital is being raised by SBI. As a part of the offer for sale, BNP…

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