Indian Insurance News - Latest Updates & Headlines
Star Health faces Rs 49 crore GST demand from tax authorities
Mumbai, March 23: Star Health and Allied Insurance Company Limited has received 25 tax demand orders from the Goods and Services Tax (GST) authorities across multiple states.
LIC ranked world's third strongest insurance brand
New Delhi, March 7: The Life Insurance Corporation of India (LIC) has been ranked third among the world's strongest insurance brands, achieving a Brand Strength Index (BSI) score of 88 out of 100, according to the Brand Finance Insurance 100 2025 report.
100 pc FDI to help Indian insurance sector reach $222 billion by 2026
New Delhi, Feb 19: The Indian insurance sector has witnessed impressive growth over the last two decades and the government's allowance of 100 per cent foreign direct investment (FDI) in the sector would further accelerate growth, attracting significant foreign capital and boosting innovation, according to a new report.
LIC reports over 16 pc jump in consolidated net profit in Q3, AUM up 10.29 pc
New Delhi, Feb 7: The Life Insurance Corporation of India (LIC) on Friday reported over 16 per cent rise in its consolidated net profit to Rs 11,008 crore in the third quarter ended December 2024 (Q3 FY25), from the net profit of Rs 9,468.99 crore in the year-ago quarter.