For instance, ICICI Lombard General Insurance Ltd’s Elevate, lauched in 2024, reported a retention rate of 74%. According to Priya Deshmukh, head of health products, operations, and services at ICICI Lombard, the ages of both the customer and the policy play an important role.
Introduction: In this article, I’ll delve into the intriguing choice that many borrowers face: Flexi Loans or Traditional Loans. With the financial landscape evolving rapidly, individuals seeking loans encounter a multitude of options. Flexi Loans have emerged as an attractive alternative to the conventional borrowing route, and understanding the reasons behind this choice is…
A small-town family business in the US has created headlines after sharing a massive part of its sale proceeds with its workers. Fibrebond, a Louisiana-based electrical equipment company, was sold for $1.7 billion, and former owner Graham Walker ensured that 540 employees received a combined $240 million from the deal. The payout means each full-time…
Mumbai: Pre-IPO placements are making a comeback after a subdued start to 2026, with companies seeking to capitalise on strong institutional demand for upcoming public issues by locking in valuations and bringing in marquee investors ahead of their listings. So far in July, three companies have raised funds before launching their initial public offerings. At…
Should you invest 20% of your salary in mutual funds? Or is 30% the ideal number? It’s a question many first-time investors ask while setting up their first systematic investment plan (SIP). The internet is full of rules of thumb and opinions, that says you should invest a fixed share of every pay cheque. But…
Key note address delivered by Christopher Wood, equity strategist, CLSA, in his first public appearance in India, at the ET Now Market Summit-2010. Excerpts: Hello everybody and thank you for asking me. I will be running through some charts which were still first with the situation in the West. Then I will move on to…
ET Intelligence Group: Kusumgar, an engineered fabrics manufacturer, plans to raise ₹650 crore through an offer for sale. The promoter group’s stake will fall to 75.4% from 90.1% post listing. The company develops customised fabric solutions for aerospace and defence, industrial, automotive, and outdoor lifestyle applications. The company benefits from strong profitability, with operating margin…