Tata AIA life insurance bets on 40% growth over next 3 years
Tata AIA Life Insurance expects a 30-40 per cent growth in business over the next three years backed by a Read more
Private life insurance
Life premiums to rise in 2022 on spike in reinsur-ance costs
Life insurance premiums are set to increase in 2022 as large reinsurance companies are likely to raise charges that are Read more
Max Life Insurance Launches ‘Max Life Smart Wealth Income Plan’
Max Life Insurance announced the launch of the ‘Max Life Smart Wealth Income Plan’, a comprehensive Non-Linked Participating Individual Life Read more
Treat insurance policies as capital assets: ICAI
The Institute of Chartered Accountants of India (ICAI) has suggested that Life Insurance Policies be treated as a capital asset. Read more
E-insurance scams on rise
Insurance loan scams are growing, thanks to the compounding effect of cybercrime. More cases have come to light since the Read more
ICICI Prudential customers to get ‘clickpay’ for making insurance premium payments
ICICI Prudential Life Insurance customers will now be able to make use of the ‘ClickPay’ facility to pay their insurance Read more
82% of insurance buyers prefer physical copies of policy documents
The insurance penetration has seen a spike in recent times and over 80 per cent of the insurers prefer a Read more
Shriram Group closing in on merger, insurance biz to be hived off into separate entity
Shriram Group has revived plans to restructure its various financial services businesses that includes lending and insurance by collapsing its Read more
Bank of Baroda plans to list life arm in next fiscal
Bank of Baroda is considering an initial public offer (IPO) of its insurance arm IndiaFirst Life in the next financial Read more
Life insurers pay out Rs. 11000 crore in Covid-19 death claims
Life Insurers have so far shelled out Rs. 11,060.5 crore to settle Covid-related death claims, a huge chunk of which Read more