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French cover major AXA to exit coal by 2040
AXA also targets to contain the warming potential of its investments to below 1.5°C by 2050. As part of this objective, the Group will double its green investment objective to reach Euro 24 billion by 2023. “Our conviction has always been that the fight against climate change requires cooperation between all stakeholders to drive collective action.
Policy shift: Insurers blacklist coal
Coal exit policies have been announced by 17 of the world's biggest insurers controlling 46 percent of the reinsurance market and 9.5 percent of the primary insurance market, said the Unfriend Coal campaign, a coalition of environmental groups, as it released its third scorecard on the sector.
Bharti Axa, Kotak Life, Jhunjhunwala’s RARE in race for IDBI Federal Life
Ageas recently bought a 49 per cent stake in Royal Sundaram General Insurance.
Airtel, Bharti AXA Life tie up to launch prepaid bundle with insurance cover
The life insurance cover, available to all customers aged 18-54 years, requires no paperwork or medical examination and the certificate of insurance will be instantaneously delivered digitally. A physical copy of the insurance will be delivered to customer’s doorstep on request. The entire process is to be delivered digitally to the customer.
Airtel prepaid users to get Rs 4 lakh life cover under Rs 599 plan
Bharti Airtel on Monday announced a new pre-paid plan priced at Rs 599 bundled with 2GB data per day, unlimited calls to any network and 100 SMS per day, and also offers Rs 4 lakh life insurance cover from Bharti AXA Life Insurance. A physical copy of the insurance will be delivered to customer's doorstep on request, it added.
Airtel prepaid users to get Rs 4 lakh life cover under Rs 599 plan
Bharti Airtel on Monday announced a new pre-paid plan priced at Rs 599 bundled with 2GB data per day, unlimited calls to any network and 100 SMS per day, and also offers Rs 4 lakh life insurance cover from Bharti AXA Life Insurance. A physical copy of the insurance will be delivered to customer's doorstep on request, it added.
Airtel-Bharti AXA Life tie up for insurance with prepaid plan
The life insurance cover, which is available to all customers aged 18-54 years, requires no paperwork or medical examination.
UK-based AXIS Capital to quit coal cover
With the announcement, AXIS joins a growing list of global insurers refusing to insure coal projects.. “Renewals, however, according to the policy statement, will be considered on a case-by-case basis until January 1, 2023,” the company said
All credit risk debt mutual funds are not junk: Here's how to pick a good one
Several funds have given healthy returns over the past year and are worth considering by investors.
Uber announces launch of rider insurance at no extra cost to riders
The insurance will provide covers for physical injury as a result of accidents while on trip with Uber, from the point the rider enters the vehicle until the end of the trip.
KKR India buys 10% in CG Power
According to the shareholding data for the June quarter 2019, Vistra ITCL is a public shareholder and held 21.63% stake in the company.
Airtel Payments Bank partners with Bharti AXA Life to offer term insurance
All Airtel Payments Bank savings bank account customers can purchase Bharti AXA Life term insurance through a quick, secure and paperless process at their banking points.
BOI AXA scheme’s NAV falls 26.25%
The fund holds four securities of Sintex BAPL maturing in 2020, 2021 and 2022, respectively.
Bharti AXA General premium income surges 29% to Rs 2,285 cr in FY19
The company also achieved 22 per cent growth in retail business to Rs 1,392 crore in FY19 from Rs 1,138 crore in FY18.
BOI Axa Credit Risk Fund loses 15% in a day
Sintex BAPL constituted 22.78% of the scheme's assets under management of Rs 533 crore as of May 2019, as per data from Value Research.
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