by Team Small News | Oct 6, 2025 | Care, Insurance
The global health insurance market is expected to experience significant growth, driven by increasing demand for affordable healthcare access, regulatory support for private insurers, and digitalization. The market was valued at $1.58 trillion in 2024 and is...
by Team Small News | Oct 6, 2025 | Insurance, LIC, New India Assurance, United India Insurance
The Indian government is contemplating a significant move to merge four state-owned general insurance companies into a single entity. The companies in question are New India Assurance, National Insurance, Oriental Insurance, and United India Insurance. The primary...
by Team Small News | Oct 6, 2025 | Bajaj Allianz Life Insurance, Insurance, LIC
In the aftermath of the devastating crash of Air India Flight AI-171 in Ahmedabad, the Life Insurance Corporation of India (LIC) has announced immediate measures to alleviate the financial burden on the families of the victims. The insurer expressed deep sorrow over... by Team Small News | Oct 6, 2025 | Edelweiss Tokio, Insurance
Edelweiss Asset Management Company Ltd. (Edelweiss AMC), a leading mutual fund house in India, has modernized its data infrastructure by adopting Snowflake’s AI Data Cloud. This move aims to drive agility, cost efficiency, and a more personalized investor...
by Team Small News | Oct 5, 2025 | Aditya Birla, Aviva Life Insurance, Bajaj Allianz Life Insurance, HDFC Standard Life, ICICI Prudential Life, Insurance, Kotak Life, LIC, PNB MetLife Insurance, Tata AIA
Recent data from the Insurance Regulatory and Development Authority of India (IRDAI) reveals that life insurance companies paid an average commission of 4.03% to distributors for Unit-Linked Insurance Plans (ULIPs) in 2024, up from 3.13% in 2023. The total commission...