Life

New China Life Reports Strong H1 2024 Results, Proposes Interim Dividend
Insurance New China Life Reports Strong H1 2024 Results, Proposes Interim Dividend

New China Life Insurance Co., Ltd. has announced commendable financial outcomes for the first half of 2024, marking a significant period characterized by solid performance and strategic financial management. The results underscore resilient earnings within a competitive marketplace, instilling

September 19, 2024
Can Trupanion Dominate the European Pet Insurance Market?
Insurance Can Trupanion Dominate the European Pet Insurance Market?

Trupanion, a prominent provider of medical insurance for cats and dogs, has strategically expanded its footprint into the European market by launching its signature insurance product in Germany and Switzerland. This venture marks a significant milestone in Trupanion’s efforts to broaden its i

September 10, 2024
IRDAI Fines SBI Life Insurance for Compliance Violations and Transparency Issues
Insurance IRDAI Fines SBI Life Insurance for Compliance Violations and Transparency Issues

The Insurance Regulatory and Development Authority of India (IRDAI) recently imposed a substantial fine on SBI Life Insurance, citing serious infractions tied to multiple compliance violations and transparency issues. The enforcement action emphasizes the regulator's commitment to rectifying

September 10, 2024
ICICI Prudential Faces Rs 429 Crore GST Penalty, Plans to Appeal
Insurance ICICI Prudential Faces Rs 429 Crore GST Penalty, Plans to Appeal

ICICI Prudential Life Insurance has recently encountered a significant challenge following a Goods and Services Tax (GST) demand and penalty amounting to Rs 429 crore from the Maharashtra State Tax Department. This order was issued under Section 73 of the Maharashtra GST Act, 2017, and was received

August 27, 2024
Maximize Estate Value and Preserve Wealth with Life Insurance Strategies
Insurance Maximize Estate Value and Preserve Wealth with Life Insurance Strategies

Estate planning is a complex yet crucial aspect of managing and transferring wealth across generations. The strategic use of life insurance in this realm is often overlooked but offers substantial advantages. From bypassing the cumbersome probate process to providing tax-free cash injections, life

July 15, 2024
Global Dread Disease Insurance Market Analysis and Forecast
Insurance Global Dread Disease Insurance Market Analysis and Forecast

In the ever-evolving landscape of global health and economic wellbeing, the Dread Disease Policy market has emerged as a crucial segment within the insurance industry. Driven by an increased prevalence of critical illnesses such as cancer, heart disease, and stroke, consumer demand for dependable

June 17, 2024
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