Life Insurance article Insurers may get to sell related services May 17, 2023 admin 202 Views 0 Comments diagnostic services, General insurers, insurance companies, Insurance Laws, insurance offerings General insurers may soon be allowed to sell services such as gym memberships, vehicle repairs, and other diagnostic services in Read more
Life Insurance article Insurance space buzzing up as new players queue up for foray May 16, 2023 admin 179 Views 0 Comments IRDAI, new insurance companies, regulatory reforms, The insurance business The insurance business is expected to be more competitive and crowded with many new players entering the industry soon. “There Read more
Life Insurance article LIC hopes next set of insurance reforms will get Parliament nod May 16, 2023 admin 193 Views 0 Comments INSURANCE ACT, INSURANCE REFORMS, Insurance Regulatory and Development Authority Act, insurance sector, LIC LIC is hopeful that the next set of proposed reforms to the insurance sector will soon go through Parliament, fuelling Read more
Life Insurance article High-value life policy sales lack big push in Feb-Mar May 13, 2023 admin 219 Views 0 Comments high-net-worth individuals (HNIs), High-value life policy, life insurance companies, Union Budget 2023 Life insurance companies have so far not seen any significant pickup in high-value non-par policy sales after the government in Read more
Life Insurance article Govt appoints two MDs for Life Insurance Corporation May 13, 2023 admin 211 Views 0 Comments Appointments Committee of the Cabinet (ACC), Assets Under Management (AUM), Financial Services Institutions Bureau (FSIB), Life Insurance Corporation The government has appointed M Jagannath and Tablesh Pandey as Managing Directors of Life Insurance Corporation of India (LIC). The Read more
Life Insurance article Bagchi to be next CEO of ICICI Pru Life May 12, 2023 admin 242 Views 0 Comments Chief Operating Officer, icici prudential life insurance, non-executive director, seamless transition ICICI Bank executive director Anup Bagchi will take over as MD & CEO of ICICI Prudential Life Insurance after incumbent Read more
Life Insurance article LIC plans to cap exposure to companies May 12, 2023 admin 123 Views 0 Comments ADANI GROUP COMPANIES, boundary conditions, domestic institutional investor, Hindenburg Research LIC is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid Read more
Life Insurance article LIC’s net profit surges to Rs. 6,334 crore in Q3 April 21, 2023 admin 230 Views 0 Comments life insurance companies, Life Insurance Corporation, New Business Margin, portfolio Life Insurance Corporation reported a manifold increase in its net profit in the December quarter (Q3) of financial year 2022-23 Read more
Life Insurance article Life Insurers report muted business growth in February April 20, 2023 admin 178 Views 0 Comments Annual Premium Equivalent (APE), Life Insurance Corporation of India (LIC), life insurers, Muted Business Growth Life insurers reported muted growth in retail Annual Premium Equivalent (APE) for February 2023, largely due to a decline in Read more
Life Insurance article Most Indians see inflation affecting retirement lifestyle: Survey April 20, 2023 admin 177 Views 0 Comments inflation, RETIREMENT LIFESTYLE, RETIREMENT SAVINGS, RETIREMENT SPECIFIC SAVINGS A majority of Indians are worried about inflation affecting their retirement savings and lifestyle, shows a survey conducted by ICICI Read more