New Delhi, ICICI Lombard on Tuesday reported a 2 per cent decline in net profit to Rs 510 crore for…
Tag: Insurance
Canadian exporters inquire on trade insurance as Trump’s tariffs heighten risk
By Promit Mukherjee OTTAWA (Reuters) – A little-known insurance product is gaining traction in Canada as exporters seek to guard…
Trump tariffs set to raise home insurance costs as construction materials affected
GlobalData surveying has found that US consumers pay more for home insurance than any country surveyed. Meanwhile, new tariffs introduced…
Two up, two down: Insurance co stocks diverge
The insurance sector has become one of the main drivers of the rises on the Tel Aviv Stock Exchange…
‘Will not have majority stake’: LIC to announce acquisition in health insurance firm by March 31, says CEO Mohanty
Life Insurance Corporation of India (LIC) is poised to make a significant entry into the health insurance sector, as discussions…
IndusInd International to list insurance units of Reliance Capital in 2-3 years
IndusInd International Holdings (IIHL) on Tuesday said it will list the insurance units of Reliance Capital in two to three…
Adar Poonawalla to sell Magma Insurance stake to Baba Ramdev’s Ramdev Patanjali, DS Group
Adar Poonawalla has announced the sale of his stake in Magma Insurance to Patanjali Ayurved and DS Group for a…
FTP acquires Coastal Flood Underwriters to bolster flood insurance
FTP, a New Jersey-based managing general agency (MGA), has acquired Coastal Flood Underwriters for an undisclosed sum. FTP expects the…
Brookfield explores using insurance arm to mimic Berkshire
Article content Brookfield Asset Management Inc. chief executive Bruce Flatt said its growing insurance business may ultimately own the rest…
Trump tariffs won’t just make imports pricier — car insurance costs will go up too
President Donald Trump suggested imposing tariffs on auto imports, threatening to drive up the cost of cars further amid plans…