Life Insurance article Bajaj Allianz, ICICI Pru face tax evasion charge June 28, 2023 admin 218 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 164 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 152 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 231 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 200 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 147 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 254 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 159 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
Life Insurance article Manipal Group eyes $100 m for insurance biz May 18, 2023 admin 260 Views 0 Comments investment fund Temasek, Manipal – Cigna insurance business, Manipal Education & Medical Group (MEMG), Singapore government A day after officially confirming that Singapore government-owned investment fund Temasek had picked an additional 41 percent in Manipal Healthcare Read more
Life Insurance article Govt appoints S Mohanty as LIC’s acting chairperson May 17, 2023 admin 303 Views 0 Comments exchange filing, LIC's acting chairperson, Life Insurance Corporation (LIC), MINISTRY OF FINANCE The government appointed Siddhartha Mohanty, who is currently serving as the managing director (MD) of Life Insurance Corporation (LIC), as Read more