Life Insurance News Early exit benefit in term plans allows policyholders to withdraw early, pays back premium December 13, 2022 admin 222 Views 0 Comments allows, benefit, plans, policyholders, premium Term insurance policy buyers now have the option to exit the policy early and even get the premium back. And Read more
Life Insurance News Life insurance premium to cross $100 billion, says Swiss Re November 7, 2022 admin 227 Views 0 Comments billion, life insurance, premium, swiss re According to a Swiss Re report, Life Insurance premium is set to cross the $100 billion mark in India. The Read more
General Insurance News Muted 12% premium growth for Indian non-life sector: Kotak Securities October 17, 2022 admin 266 Views 0 Comments Indian, Kotak Securities, Muted, non-life, premium The month of August saw the Indian non-life insurance sector logging a muted 12 per cent premium growth, Kotak Securities Read more
General Insurance News Good signs on crop insurance front as gross premium declines by 11% September 26, 2022 admin 212 Views 0 Comments crop insurance, Good signs, gross, premium As the Centre has been trying to win back States that quit the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY), Read more
IRDA in India IRDAI wants life firms to eye 50% premium growth in 5 yrs September 1, 2022 admin 286 Views 0 Comments firms, IRDAI, Life, premium In a first-of-its-kind advisory, the IRDAI has proposed premium growth targets over a five-year period for life insurance companies, in Read more
IRDA in India IRDAI gives indicative premium growth targets to non-life insurance companies August 27, 2022 admin 372 Views 0 Comments COMPANIES, indicative, Insurance, IRDAI, non-life, premium The IRDAI has prescribed aspirational targets for non-life insurance industry, days after doing the same for life insurance companies. The Read more
General Insurance News Pay motor insurance premium on drivers behavior August 20, 2022 admin 261 Views 0 Comments drivers, Insurance, motor insurance, premium Insurance companies will soon offer vehicle owners analytics-based insurance that include ‘pay as you drive’ policies and covers where the Read more
Private life insurance HDFC Life first quarter net up 21% on premium income August 16, 2022 admin 243 Views 0 Comments first quarter, HDFC Life, income, premium HDFC Life’s net profit surged 21 per cent year-on-year (YoY) to Rs 365 crore in the April-June quarter of FY23, Read more
Health Insurance News Group covers lead 22% growth in Q1 health premium August 13, 2022February 23, 2023 admin 300 Views 0 Comments GROUP, health, health premium, premium Health insurance witnessed subdued growth in the April-June quarter (Q1) of FY23. Despite that, health insurance premiums registered 22 per Read more
Life Insurance News LIC gains 2% market share in new business premium August 11, 2022 admin 272 Views 0 Comments business, LIC, market, premium, SHARE LIC has gained over 200-basis points (bps) market share in new business premium (NBP) during the April-June quarter of FY23. Read more