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Kevin Warren said without passage of a "mega projects" bill that would lessen the Chicago Bears' tax burden on a new stadium in Arlington Heights, we are not able to proceed forward.
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Axis Max Life anticipates a smooth merger with Max Financial Services, pending parliamentary approval of the insurance bill. The amendment to the Insurance Act will explicitly permit mergers between insurance and non-insurance entities, addressing a current legal ambiguity. Regulatory clearance, following the NCLT-led process, is expected to take 8 to 12 months after the bill's enactment.
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Life insurers in India experienced a significant surge in premium income. The premium income rose by 22.4% in July 2025, reaching 38,958 crore. Both private and state-run Life Insurance Corporation contributed to this growth. Individual single premiums and non-single premiums also saw increases. The industry added a substantial number of new agents.
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News and Media
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