The Ministry of Corporate Affairs (MCA) has approved the incorporation of Mahindra Manulife Insurance Ltd (MMIL). It is a 50:50 life insurance joint venture between the Mahindra Group (India) and the Manulife Financial Corporation (MFC) (Canada).
The venture aims to provide AI-native and digitally-led insurance solutions across rural, semi-urban, and urban India, aligning with the vision of “Insurance for All”.
West Bengal Gramin Bank (WBGB) has partnered with Canara HSBC Life Insurance Company Ltd to enhance life insurance coverage in rural and semi-urban areas of West Bengal. The insurance company will use the bank's network of 960 branches across the state to offer its insurance products.
Bajaj General Insurance Ltd (BGIL) has launched a next-generation health indemnity insurance plan named ‘My Health Care Plan Edge+’ (MHCP EDGE+), offering comprehensive coverage ranging from ₹5 lakh to ₹5 crore.
The MHCP EDGE+ is available for individuals from 3 months of age, featuring a policy tenure of up to 5 years, lifetime renewability, and flexible waiting period options.
The Ministry of Finance (MoF) has notified the “Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026”, allowing 100% Foreign Direct Investment (FDI) in Indian insurance companies and intermediaries through the automatic route.
It is to be noted that foreign investment in the Life Insurance Corporation of India (LIC) remains restricted to a maximum of 20% under the automatic route.
The Union Cabinet has approved the establishment of the Bharat Maritime Insurance Pool (BMI pool) to provide continuous maritime insurance coverage for Indian vessels. The initiative is backed by a sovereign guarantee of ₹12,980 crore to provide financial security and ensure insurance availability for the pool.
The BMI pool is intended to reduce dependency on external insurance and mitigate risks from global volatility and geopolitical instability in the maritime sector of India.
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a sub-committee of the Insurance Advisory Committee (IAC) to examine the current state of private health insurance in India.
The initiative aims to improve consumer experience and increase the reach of health insurance by building trust among policyholders.
The sub-committee is tasked with reviewing critical parameters, providing advice, and overseeing digital transformation.
D Dhanush
126.8
V Vijay
131.3
DS Devadharshini Senthil
119.8
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"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
"The memorising technique in the Scoreclever automatically stores the news in my mind and it saves time."
"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
"The memorising technique in the Scoreclever automatically stores the news in my mind and it saves time."
"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
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