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News
India's Life Insurance Surrenders Overtake Maturity Benefits
5+ hour, 7+ min ago (262+ words) Whalesbook The landscape of Indiaâs life insurance sector is undergoing a notable shift For the first time, the money flowing out of insurance companies due to policy surrenders and withdrawals has overtaken the payouts made upon policy maturity Data…...
???1 crore fine penalty: Why did IRDAI penalise Canara HSBC for mis-selling insurance to an 88-year old? What went wrong
2+ day, 19+ hour ago (407+ words) The Insurance Regulatory and Development Authority of India (IRDAI) has levied a ₹1 crore penalty on Canara HSBC Life Insurance Company Limited over mis-selling of a life insurance policy to an 88-year-old customer, according to a Moneycontrol report. The regulatory proceedings…...
Canara HSBC Life Insurance penalised ₹1 crore by IRDAI for policyholder regulation breaches · Business Upturn
3+ day, 19+ hour ago (289+ words) Canara HSBC Life Insurance Company Limited has been penalised ₹1 crore by the Insurance Regulatory and Development Authority of India (IRDAI) following an investigation into alleged misselling of a policy. The penalty forms part of an Order dated 10th September 2026, as revealed…...
Insurers Seek IRDAI Nod to Aggregate Equity Derivative Limits for Hedging
6+ day, 9+ hour ago (261+ words) Whalesbook Indian life and general insurance companies are currently in discussions with the Insurance Regulatory and Development Authority of India (IRDAI) to seek greater flexibility in how they use equity derivatives for portfolio hedging The industry's primary request is to…...
Authorities note improvement in fuel situation in Russia this week — Novak
1+ week, 3+ day ago (207+ words) VLADIVOSTOK, September 3. /TASS/. The situation with fuel supply in Russia has improved, Deputy Prime Minister Alexander Novak told TASS, adding that authorities note positive changes this week. "The situation is better this week. We are continuously monitoring the regions and…...
Clearing Members Cannot Be Held Liable For Trading Member Defaults Without Statutory Duty To Verify Client Balances: Supreme Court
1+ week, 4+ day ago (509+ words) Home › News › Clearing Members Cannot Be Held Liable For Trading Member Defaults Without Statutory Duty To Verify Client Balances: Supreme Court Supreme Court rules PCMs had no statutory duty to verify individual client balances and sets aside NCL committee and…...
India Weighs ‘Rip and Replace’ of Huawei, ZTE Telecom Gear; Airtel, Vodafone Idea Face Up to $3 Billion Cost
1+ week, 5+ day ago (485+ words) on September 2, 2026 India is assessing whether legacy telecom equipment supplied by Chinese firms Huawei and ZTE should be “ripped and replaced” from existing networks. The government is seeking details from telecom operators on the equipment still in use and the…...
Irdai plans public insurance registry to bridge data gaps, widen coverage | Insurance News
1+ week, 5+ day ago (434+ words) In March 2026, Irdai had proposed setting up a PIR — a consent-driven, legally compliant digital infrastructure covering the entire policy lifecycle from issuance to claims, grievance redressal and dispute resolution...
Oyak Cimento Says It Becomes A Signatory To United Nations Global Compact
2+ week, 5+ hour ago (25+ words) TradingView Oyak Cimento Says It Becomes A Signatory To United Nations Global Compact...