Don't sell Ulips as investment products: Irdai to insurance companies

The Insurance Regulatory and Development Authority of India (IRDAI) has asked life insurance companies not to advertise unit-linked plans as investment products in a recent circular. Illustration:......

'Our AUM Will be 3x by 2030'

'I am very happy to see that the work is starting to bear some fruit now.' Photograph: Kind courtesy Shriram Life Insurance Shriram Life Insurance Company, a joint venture between the Shriram......

Insurance claims drop 30-35% during Chennai floods compared to 2015

Yet another first week of December brought familiar scenes of rain, storm, flooding, power outages, and fallen trees. Photograph: ANI Photo When Cyclone Michaung wreaked havoc, leading to the......

Bajaj now third most valued finance group; overtakes SBI

India’s financial sector is dominated by large government-owned and private-sector banks. Photograph: Kind courtesy Bajaj Housing Finance Major players like State Bank of India (SBI), HDFC......