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Aviva shortlists 3 insurers for 26% stake sale in Indian JV

Three insurance firms - Max Life Insurance, Birla Sun Life Insurance and HDFC Life Insurance - have been shortlisted for the stake sale, sources said.

HDFC Life launches ClassicAssure Plus

HDFC Life Thursday launched a participating, traditional insurance plan, ClassicAssure Plus, with limited premium payment term and a guaranteed reversionary bonus during the premium payment term.

HDFC Life launches Health Assure Plan

Private insurer HDFC Life has launched its new health insurance product, Health Assure Plan, which is aimed at providing a comprehensive health cover.

HDFC Life FY’13 Net up 66% at Rs 451 crore

Private general insurer HDFC Life Tuesday reported 66.42 percent growth in net profit at Rs 451 crore in 2012-13, driven by healthy expansion in new business premium and other fronts.

IRDA slaps a fine of Rs 1.47 cr on HDFC Life

Insurance sector regulator IRDA on Thursday imposed a hefty fine of Rs 1.47 crore on HDFC Life Insurance for violation of various regulatory provisions.