Life Insurance News India has defied the Asian trend by valuing life insurers more highly: Report December 16, 2023 admin 129 Views 0 Comments Asian trend, life insurers, McKinsey analysis According to a McKinsey analysis, life insurers in India have been valued higher than those in other Asian nations like Read more
Life Insurance News According to ICRA, life insurers’ new business premiums will increase by 9–12% in FY24. December 15, 2023 admin 120 Views 0 Comments ICRA, life insurers, NBP, new business premiums According to ICRA, the new business premium (NBP) for the life insurance market is anticipated to increase by 1113 percent Read more
Life Insurance News Life insurers face VNB margin pressure in Q2 November 22, 2023 admin 233 Views 0 Comments ICICI Prudential Life’s, life insurers, margin accretive, VNB margin The life insurance industry is expected to report a compression in its margin during the second quarter of financial year Read more
Life Insurance article ‘Life Insurers’ premium growth may be muted September 5, 2023 admin 334 Views 0 Comments Annual Premium Equivalent (APE), general insurance sector, life insurers, subdued premium growth Life insurers are likely to report subdued premium growth for the first quarter of the current fiscal year following strong Read more
Insurance News Private life insurance Life insurers see little impact from tax sop removal August 1, 2023 admin 130 Views 0 Comments annual premiums, life insurers, recent tax changes, tax sop removal, The finance minister LIC and other life insurers expect the impact of recent tax changes on high-value, non-participating policies to be minimal. LIC Read more
Life Insurance article Life Insurers report muted business growth in February April 20, 2023 admin 167 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 Finance Ministry looking into life insurers’ tax relaxation plea April 3, 2023 admin 208 Views 0 Comments BUDGET ANNOUNCEMENT, CLASSIFY POLICYHOLDER, Finance ministry, life insurers The relaxations sought by the life insurance industry on the Budget announcement of taxing high-value policies with premiums of Rs. Read more
Insurance Articles Life Insurance article Life insurers to approach FinMin seeking clarity on Budget tax announcement March 29, 2023 admin 216 Views 0 Comments BUDGET TAX, Investment, life insurers, TAX ANNOUNCEMENT, TAX EXEMPTION After the Union Budget for 2023-24 proved to be a dampener for the life insurance industry, sector players are now Read more
Life Insurance News New business premium of life insurers up 30% in November January 6, 2023 admin 224 Views 0 Comments business, life insurers, November, premium Life insurance companies reported a 30 per cent year-on-year (YoY) growth in new business premiums (NBP) in November due to Read more
Life Insurance News Life insurers’ retail protection biz down YoY December 12, 2022 admin 219 Views 0 Comments life insurers, Protection, Retail, YoY Most listed life insurers that reported their July-September (Q2FY23) quarterly earnings last week, saw their retail protection business decline on Read more