Insurance - general
AIG to sell United Guaranty Corp to Arch Capital for $3.4 bn
16 Aug 2016
AIG had said that it would spin off UGC, cut jobs and sell its broker-dealer network as part of restructuring to ward off activist investor Carl Icahn
HDFC, Max to merge life insurance businesses
09 Aug 2016
The boards of HDFC Life, Max Life, Max Financial Services and Max India have decided to amalgamate their businesses to create a Rs25,500-crore entity under the label of HDFC Life
Axis Bank to distribute LIC's products
29 Jul 2016
Max Life, Max Financial to merge with HDFC Standard Life
17 Jun 2016
The merger will create an entity with assets worth over Rs1,00,000 crore, making it the biggest consolidation in the country’s private insurance sector
In a first in the UK, Norfolk firm offers insurance for driver-less car users
11 Jun 2016
A Norfolk insurance company has become the first in the world to offer a personal driver-less car insurance policy
Washington health insurers seek 13.5% rate hikes
17 May 2016
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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