With 39 new program wins and five new customer additions, the net order book has increased to Rs 22,600 crore from Rs 21,500 crore as of March 31, 2023.
Sona BLW Precision Forgings Ltd, an Indian automotive technology company, designs, manufactures, and supplies a range of engineered automotive systems and components. Their products include differential assemblies, gears, motors (conventional, micro-hybrid, and electric…
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Report highlights how government can improve insurance market conditions for Canadian businesses
TORONTO, May 6, 2024 /CNW/ – A new report from Insurance Bureau of Canada (IBC) recommends policies that governments can adopt to help stabilize commercial insurance premiums for businesses and reduce cost pressures within the commercial insurance market.
“Our report provides governments with a road map for enhancing the sustainability of the commercial insurance market,” said Liam McGuinty, Vice-President, Strategy, IBC. “Key recommendations focus on reducing tax burdens, adapting to…
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Star Health Insurance Wins ‘Best Risk Transformation of the Year 2024’ Award
MUMBAI, India, May 6, 2024 /PRNewswire/ — Star Health and Allied Insurance Company Ltd (Star Health Insurance), India’s largest retail health insurance company, has won the ‘Best Risk Transformation of the Year’ award at the BFSI Innovation Confex & Awards 2024 held in Mumbai. This accolade stands as a testament to the commitment at Star Health Insurance towards excellence in the field of risk management. It is an acknowledgment of the efforts and innovative initiatives, which has fostered…
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ICICI Lombard Share Price: Share price of ICICI Lombard rises as Nifty strengthens
Shares of ICICI Lombard General Insurance Company Ltd. gained 0.22 per cent to Rs 1677.5 in Monday’s trade as of 12:48PM (IST). The stock hit a high price of Rs 1679.35 and low of Rs 1652.8 during the session. The return on equity (ROE) for the stock stood at 16.55 per cent. Traded volume on the counter stood at 12:48PM shares and turnover at Rs 1.39 crore around that time. The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high price of Rs 1747.4 and 52-week low…
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HDFC Life Insurance Company Stocks Live Updates: HDFC Life Insurance Company Sees 1.64% Decline in Current Price, Reports 47.99% 5-Year Returns
06:00:37 PM IST, 06 May 2024HDFC Life Insurance Company Stocks Updates: HDFC Life Insurance Company Stock Price History04:01:20 PM IST, 06 May 2024HDFC Life Insurance Company Stocks Updates: HDFC Life Insurance Company Bonus Updates03:40:01 PM IST, 06 May 2024HDFC Life Insurance Company Stocks Updates: HDFC Life Insurance Company Closes at Rs 555.05 with 1.92% Decline in Daily TradingHDFC Life Insurance Company saw its stock price close at Rs 555.05, marking a decrease of 1.92% for the…
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Buy Kotak Mahindra Bank; target of Rs 1850: Religare Retail Research
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Religare Retail Research report on Kotak Mahindra Bank
Kotak Mahindra Bank’s standalone net interest income during Q4FY24 increased by 5.4% QoQ/13.2% YoY which was led by improvement in margins sequentially, healthy growth in advances and strong rise in interest income. The bank managed to curb its operating costs…
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Sports insurance and its growing need during this IPL
Over the years, while sports have been widely considered as a leisure activity, there has been an increasing trend of interest and inclination seen amongst young talent in the country to pursue a particular sport professionally. As a nation, historically, cricket has always been one of the favourite sports and very popular amongst all age groups. As the IPL season has commenced with a lot of excitement and thrill amongst people, the financial security of the game for various stakeholders…
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Source: https://etinsights.et-edge.com/sports-insurance-and-its-growing-need-during-this-ipl/amp/
ICICI Lombard Share Price: Share price of ICICI Lombard rises as Nifty strengthens
Shares of ICICI Lombard General Insurance Company Ltd. gained 0.22 per cent to Rs 1677.5 in Monday’s trade as of 12:48PM (IST). The stock hit a high price of Rs 1679.35 and low of Rs 1652.8 during the session. The return on equity (ROE) for the stock stood at 16.55 per cent. Traded volume on the counter stood at 12:48PM shares and turnover at Rs 1.39 crore around that time. The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high price of Rs 1747.4 and 52-week low…
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Insurance Company Not Obligated to Reimburse Claims for Accidents During Inactive Policy Phase, Even After Subsequent Revival Of Policy: NCDRC
The National Consumer Disputes Redressal Commission (NCDRC) bench comprising J. Rajendra (Presiding Member) allowed a revision petition filed by the Life Insurance Corporation of India (LIC). The NCDRC held that there is a need to strictly adhere to the policy’s terms and conditions. According to its ruling, if the policy lapsed due to non-payment of premiums at the time of the accident, the claimants would not be entitled to the amount, even if the policy was subsequently revived…
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MoU signing ceremony between Akij Takaful Life Insurance and City Bank
Akij Takaful Life Insurance PLC and City Bank PLC have forged a groundbreaking Bancassurance Partnership, marking a pivotal moment in the evolution of the insurance and banking industries.
Akij Takaful Life Insurance PLC and City Bank PLC have recently signed a Bancassurance Agreement. The signing ceremony was held at the Akij Takaful Registered Office in Gulshan, read a press release.
The agreement was signed by Mohammad Masuduzzaman Khan, DMD and Chief Corporate Business Officer of…
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