Month: September 2017

Reliance Capital is ready to be in health insurance firm

Reliance Capital Ltd, the non-banking finance company of the Reliance Anil Dhirubhai Ambani Group, is ready to be in health insurance firm soon, the company announced during its annual general meeting (AGM) on Tuesday (26th Sept.). Reliance Capital has already received initial approval from the insurance regulator and expects the new company to become operational …

UK’s Financial Conduct Authority Signs Agreement with Hong Kong Regulator

Two best and major Insurance regulator of the world has Signed a corporation agreement to strengthen the two sector’s ties and further support innovation in the financial technology (fintech) Sector. Yes, it’s true we are talking about two major insurance regulator, the Hong Kong Insurance Authority (IA) and the UK’s Financial Conduct Authority (FCA). The …

QIB supported SBI Life Insurance Company IPO oversubscribed 1.25 times

On the last day of subscription, SBI Life Insurance Company’s initial share sale offer has been fully subscribed on Friday. As per latest data of exchange, the 8,400-crore public issue has been oversubscribed 1.25 times. Except anchor investors’ portion, The Initial public offer has received bids for 11.01 crore shares against the IPO size of …

ICICI Lombard IPO (The initial public offer) subscribed 27% on Day 1

According to NSE data, The ICICI Lombard IPO received bids for 16,669,466 shares against the total issue size of 61,666,740. The initial share sale offer of ICICI Lombard General Insurance was subscribed 27% on the first day of the 3-day bidding on Friday. The qualified institutional buyer category was subscribed 62%, non-institutional investors 4% and …

How to claim your damage

How to claim your damage if car or property damaged In flood?

How to claim your damage? During the result of any unexpected incidents, like overflow or flood conditions, there is typically loss of vehicle (Car) body, damaged houses are also frequently viewed after any natural hazard. In heavy monsoon, vehicles, machines, and houses are damaged along with land properties. In it situation you think, how can …

Indara Insurance Public Company Limited (INSURE) Is Yet to See Trading Action on Sep 2

Indara Insurance Public Company Limited’s shares ((BKK: INSURE) closed at 55.  This company has 10 lakh shares currently and on average see 83 shares exchange hands each day. The new stock has a 52 week low of 30.25 and high of 55. Thailand’s Rise to Economic Power Asia is expected to make up 26% of …