New business premium of life insurers up 30% in November
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
Bajaj Allianz Life eyeing more bank partnerships
Bajaj Allianz Life Insurance Company, is now doubling down on its bancassurance play that has paid rich dividends over the Read more
Early exit benefit in term plans allows policyholders to withdraw early, pays back premium
Term insurance policy buyers now have the option to exit the policy early and even get the premium back. And Read more
LIC has edge over pvt insurers: Gains market share in FY23
Life Insurance Corporation (LIC) of India has gained almost 4.5 percentage points market share in the current financial year (2022-23, Read more
Life insurers’ retail protection biz down YoY
Most listed life insurers that reported their July-September (Q2FY23) quarterly earnings last week, saw their retail protection business decline on Read more
LIC shares up nealty 6% after strong Q2 show
Life Insurance Corporation’s (LIC’s) shares jumped 5.85 per cent following its July-September quarter (Q2FY23) earnings where it reported a multifold Read more
Govt nudges LIC to tweak strategy
The Central government in a bid to help insurance behemoth LIC to realise its full growth potential and yield better Read more
New biz premiums of life insurers grow 15%
The new business premium income of India’s life insurance companies rose by 15.3 per cent to Rs 24,916.58 crore in Read more
Fairfax eyes more stake in insurer digit’s parent co
Canadian billionaire Prem Watsa’s Fairfax Financial Holding has in its results filing said that it is “exploring all avenues under Read more
LIC plans bonus shares to shore up battered stock
Life Insurance Corporation of India (LIC) is planning to transfer nearly $22 billion from policyholders’ funds into a fund earmarked Read more
