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InsuranceDekho may have got Rs 1,200 cr in premium in FY21: Co-founder


Online insurance aggregator InsuranceDekho is expected to have garnered Rs 1,200 crore in insurance premium through its platform during the financial year ended March 2021, a top company official said.
It also intends to expand its reach to over 70 locations in the next six months from 35 currently, buoyed by increasing awareness about protection in the country, InsuranceDekho co-founder and CEO Ankit Agrawal told PTI in an interaction.
The company, which mainly caters to motor, health and life insurance segments, had a premium of Rs 600 crore in the preceding fiscal year.
Agrawal said InsuranceDekho is one of the few companies that expanded even during the COVID-19 times and the pandemic has helped create a lot of awareness in people about importance of insurance. ....

Ankit Agrawal , Development Authority Of India Irdai , Insurance Regulatory , Development Authority , Service Companies , Financial Services , Reliance Capital , Idbi Federal Life Insurance , Semiconductors Nec , Issued Online , Company Official , Life Insurance Segments , Insurance Regulatory And Development Authority Of , காப்பீடு ஒழுங்குமுறை , வளர்ச்சி அதிகாரம் , சேவை நிறுவனங்கள் , நிதி சேவைகள் , நம்பகத்தன்மை மூலதனம் , இட்பி கூட்டாட்சியின் வாழ்க்கை காப்பீடு , குறைக்கடத்திகள் கழுத்து , நிறுவனம் அதிகாரி , காப்பீடு ஒழுங்குமுறை மற்றும் வளர்ச்சி அதிகாரம் ஆஃப் ,

IDBI Federal Life Insurance transitions to a new identity as Ageas Federal Life Insurance, unveils campaign


IDBI Federal Life Insurance transitions to a new identity as Ageas Federal Life Insurance, unveils campaign
The campaign drives home the company’s fresh, bold outlook, while reiterating the deep-rooted values. It features brand ambassador Sachin Tendulkar talking about the importance of change while staying true to one’s values and principles
Click on the Image to watch the TVC.
Ageas Federal Life Insurance, which recently transitioned to its new identity from the erstwhile IDBI Federal Life Insurance, has launched a new brand campaign spearheaded by cricketer and the organisation’s brand ambassador, Sachin Tendulkar.  
The campaign drives home the company’s fresh, bold outlook, while reiterating the deep-rooted values that continue to guide it through this transformation. It establishes the Ageas Federal Life Insurance brand as positive and forward thinking; a brand that inspires individuals to live fearlessly, empowered by Ageas Federal� ....

Sachin Tendulkar , Karthik Raman , Insurance International , Bestmediainfo Bureau , Bestmediainfo Bureau Delhi , Mediainfo Bureau Delhi , Federal Life Insurance , Life Insurance , Ageas Federal Life Insurance , Ageas Federal , Belgium Based Ageas , Federal Bank , Idbi Federal Life Insurance , சச்சின் டெண்டுல்கர் , கார்த்திக் ராமன் , காப்பீடு சர்வதேச , கூட்டாட்சியின் வாழ்க்கை காப்பீடு , வாழ்க்கை காப்பீடு , கூட்டாட்சியின் வங்கி , இட்பி கூட்டாட்சியின் வாழ்க்கை காப்பீடு ,

Board of IDBI Bank to consider scheme for setting off accumulated losses


On 12 February 2021The Board of IDBI Bank at its meeting held on 12 February 2021 will consider the proposal for setting off the Accumulated Losses of the Bank as on 01 April 2021 in full or to such an extent as may be possible by utilizing the balance standing to the credit of Securities Premium Account of the Bank as on the said date through a Scheme prepared under Sections 66, 52 and other applicable provisions of the Companies
Act, 2013 read with the relevant National Company Law Tribunal Rule.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....

Losses Of The Bank , National Company Law Tribunal Rule , Securities Premium Account Of The Bank , Accumulated Losses , Securities Premium Account , Companies Act , National Company Law Tribunal , Capital Market , Idbi Bank , Economy Of India , Service Companies , Idbi Federal Life Insurance , United Western Bank , இழப்புகள் ஆஃப் தி வங்கி , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் ஆட்சி , பத்திரங்கள் ப்ரீமியம் எண்ணுதல் ஆஃப் தி வங்கி , பத்திரங்கள் ப்ரீமியம் எண்ணுதல் , நிறுவனங்கள் நாடகம் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , மூலதனம் சந்தை , இட்பி வங்கி , பொருளாதாரம் ஆஃப் இந்தியா , சேவை நிறுவனங்கள் , இட்பி கூட்டாட்சியின் வாழ்க்கை காப்பீடு , ஒன்றுபட்டது மேற்கு வங்கி ,

IDBI Bank completes sale of 23% stake in IDBI Federal Life Insurance Company


IDBI Federal Life Insurance Company rebranded as Ageas Federal Life Insurance CompanyIDBI Bank has completed sale transaction of its 23% stake in IDBI Federal Life Insurance Company to Ageas Insurance International JV on 31 December 2020 pursuant to receipt of the requisite regulatory approvals. Pursuant to sale of 23% holding representing 18,40,00,000 shares to Ageas for a consideration of Rs.507.10 crore, IDBI Bank s shareholding in IFLI now stands at 25% from the earlier 48%. Following this transaction, the joint venture has been rebranded as Ageas Federal Life Insurance Company.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....

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