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Amazon Pay Eyes Travel Insurance as It Expands Financial Services in India

By Uniquetimesorg September 12, 2026 0

Amazon Pay India is considering expanding its insurance portfolio to include travel insurance and other products as it seeks to strengthen its presence in India’s broader financial-services sector. CEO Vikas Bansal said the company aims to grow beyond payments into areas such as credit, insurance, savings and investments. The payments platform recently launched health Continue Reading

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India to Launch Unified Financial KYC

By Uniquetimesorg July 25, 2026 0

India will introduce a common customer identification system, Central Know-Your-Customer 2.0 (CKYC), for banks and insurance companies from August, with mutual funds and brokerages expected to join later this year. The new system will allow customers to access multiple financial services without repeatedly submitting identity documents, requiring only their consent to Continue Reading

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India Set for Unified Digital KYC Rollout

By Uniquetimesorg July 24, 2026 0

India is moving closer to a unified digital Know Your Customer (KYC) system through the Central KYC (CKYC) framework, aimed at simplifying customer verification across banking, mutual funds, and insurance. The new system will introduce an “accuracy score” that helps institutions assess the reliability of customer data while enabling faster and more secure Continue Reading

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Jio Financial Shares Surge After Profit Doubles

By Uniquetimesorg July 17, 2026 0

Shares of Jio Financial Services climbed sharply on Friday after the company reported more than double its quarterly profit, boosting investor confidence in its growing financial services business. The stock rose as much as 6.1% during trading, making it the top performer on the Nifty 50 index. The Reliance-backed non-banking financial company reported a June-quarter […]Continue Reading

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India Plans Insurance Commission Reform to Curb Mis-Selling

By Uniquetimesorg July 4, 2026 0

India’s insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI), is preparing a major overhaul of distributor commission rules to reduce mis-selling and improve transparency in the insurance sector. According to sources, the regulator plans to propose a system where commissions are paid over the life of an insurance policy instead of Continue Reading

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SBI Life Profit Slips as New Business Growth Slows

By Uniquetimesorg April 22, 2026 0

India’s SBI Life Insurance reported a slight decline in fourth-quarter profit, impacted by rising costs and weaker demand for market-linked products. Net profit fell marginally to ₹8.05 billion for the quarter ended March 31, compared with ₹8.14 billion a year earlier, even as overall premium income showed steady growth. The insurer’s net premium income rose […]Continue Reading

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ACKO acquires OneCare to expand healthcare ecosystem

By uniquetimes July 25, 2024 0

ACKO has acquired OneCare, a digital chronic care management company, in an all-cash transaction aimed at expanding its healthcare services beyond insurance. As part of the deal, OneCare’s co-founders, Rakesh Shivran and Sagar Bhat, will join ACKO’s leadership team to bolster its health-tech offerings. ACKO, renowned for its technology-driven approach, has been actively Continue Reading

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Aegon Life Insurance renames the company to Bandhan Life

By uniquetimes April 20, 2024 0

Aegon Life Insurance has recently announced a significant rebranding, changing its name to Bandhan Life. Alongside this change, the company unveiled a new logo and tagline, ‘Bharat Ki Udaan, Bandhan Se’, reflecting its association with the Bandhan Group. This transformation aims to leverage the synergy between the insurer’s technological capabilities and Continue Reading

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After security concerns were raised by insurers, Air India suspended flights to Moscow

By uniquetimes April 7, 2022 0

Air India, which is owned by the Tata Group, has halted its flight from Delhi to Moscow after international insurance underwriters informed the airline that its flights landing in Russia would not be covered by insurance due to the perceived threat there as a result of the war. “Air India has sought the intervention of […]Continue Reading