Life Insurance article Expansion in value of new business to be driven more by volumes: ICICI Pru Life MD June 30, 2023 admin 244 Views 0 Comments Expansion in value, icici prudential life insurance, new business, VNB Expansion in value of new business (VNB) for ICICI Prudential Life Insurance is now likely to be driven more by Read more
Life Insurance article Bajaj Allianz, ICICI Pru face tax evasion charge June 28, 2023 admin 221 Views 0 Comments Bajaj Allianz, Directorate General of Goods and Services Tax Intelligence (DGGI), goods and services tax (GST), India's tax authority, tax evasion charge India’s tax authority has sent Bajaj Allianz Life Insurance and ICICI Prudential Life Insurance show-cause notices for evading taxes since Read more
Life Insurance article Siddhartha Mohanty appointed as new LIC chairman till June ’24 June 28, 2023 admin 168 Views 0 Comments insurance sector, LIC Chairman, Life Insurance Corporation of India (LIC), managing directors The government appointed Siddhartha Mohanty as the Chairperson of the Life Insurance Corporation of India (LIC) till June 29, 2024. Read more
Life Insurance article HDFC Life Q4 net flat at Rs. 358.6 crore June 27, 2023 admin 155 Views 0 Comments annualised premium equivalent (APE), HDFC Life, HDFC Life Q4, Individual APE HDFC Life has reported a consolidated net profit of Rs 359 crore for the quarter ended March 2023, almost unchanged Read more
Life Insurance article SBI Life registers Rs. 777-crore profit in Q4 June 27, 2023 admin 233 Views 0 Comments gross written premium (GWP), net premium income, profit in Q4, SBI Life Insurance Company SBI Life Insurance Company has declared a net profit of Rs 777 crore for the fourth quarter of the fiscal Read more
Life Insurance article Shriram Life Insurance posts Rs. 156 crore net in FY23 June 26, 2023 admin 203 Views 0 Comments Annualized Premium Equivalent (APE), profit after tax (PAT), Shriram Life InsurancE, Shriram Life’s retail claims, South Africa’s Sanlam Group Shriram Life Insurance posted a profit after tax (PAT) at Rs 156 crore in FY-23 on the back of growth Read more
Life Insurance article Canara HSBC Life Insurance unveils new “Smart Guaranteed Pension” June 26, 2023 admin 150 Views 0 Comments Canara HSBC Life Insurance, comfortable retirement, premium payment flexibility, Smart Guaranteed Pension, stable retirement Canara HSBC Life Insurance has announced the launch of Smart Guaranteed Pension, a guaranteed annuity product that provides premium paying Read more
Life Insurance article LIC’s knock-on effect: Insurers’ new business premium drops 12.6% June 24, 2023 admin 259 Views 0 Comments business premium drops, Life Insurance Corporation (LIC), The new business premium (NBP), year-on-year (YoY) The new business premium (NBP) of life insurance companies dropped 12.62 per cent year-on-year (YoY) in March 2023 due to Read more
Life Insurance article Pvt life companies see 35% surge in March premiums at Rs. 23000 crore June 24, 2023 admin 164 Views 0 Comments HDFC Life, high-value policies, March premiums, Private life insurance companies, Pvt life companies Private life insurance companies saw a sharp jump in their premium incomes in March 2023 ahead of the tax breaks Read more
Health Insurance article Health insurance penetration still low June 23, 2023 admin 221 Views 0 Comments General Insurance, health insurance penetration, Health insurance segment, IRDAI India’s health insurance segment contributed 0.34 percentage point out of the overall 1 percentage point of general insurance (including health Read more