Private life insurance Go Digit Insurance files red herring prospectus for Rs. 5000 crore IPO September 28, 2022 admin 341 Views 0 Comments Go Digit, herring, Insurance, prospectus Go Digit, the general insurer backed by Canada’s Fairfax, has filed its draft red herring prospectus (DRHP) to raise around Read more
Private life insurance Banks line up Additional tier plans after IRDAI opens door to insurers September 28, 2022 admin 245 Views 0 Comments Additional, Banks, INSURERS, IRDAI Lenders from Bank of Baroda to State Bank of India are lining up plans to raise about Rs 10,000-15,000 crore Read more
Private life insurance Tata AIA Life declares Rs. 861 crore surplus September 27, 2022 admin 283 Views 0 Comments declares, Life, surplus, TATA AIA Life Tata AIA Life Insurance has declared Rs. 861 crore in annual surplus transfers to the participating policyholders for FY22. The Read more
Private life insurance Canara HSBC Life declares bonus for ninth consecutive year September 27, 2022 admin 232 Views 0 Comments BONUS, canara, consecutive, declares, HSBC Life, year Canara HSBC Life Insurance has declared a bonus amounting to Rs. 78 crore for all its eligible policyholders for the Read more
Private life insurance Online insurance platforms may have to disclose commission paid August 17, 2022August 17, 2022 admin 255 Views 0 Comments commission, Insurance, Online Insurance, platforms Online platforms such as Policybazaar, as well as corporate agents, may have to disclose the commissions they receive from insurance Read more
Private life insurance Life Insurers seek risk-based solvency regime for ULIPs August 17, 2022 admin 320 Views 0 Comments life insurers, risk-based, solvency, ULIPs Some life insurance companies plan to move IRDAI, seeking a risk-based solvency regime for unit-linked insurance plans (ULIPs), where the Read more
Private life insurance Life insurers to once again benefit from a low-base effect August 16, 2022 admin 261 Views 0 Comments base effect, benefit, life insurers For two consecutive fiscals, life insurance companies have experienced low-base effects in quarter 1 (Q1) due to the Covid-19 first Read more
Private life insurance Life insurers’ new biz hit as LIC premiums contract August 16, 2022 admin 224 Views 0 Comments contract, LIC, life insurers, premiums Life insurance companies witnessed a modest increase of 4.15 per cent in their collective new business premium at Rs 31,254.55 Read more
Private life insurance HDFC Life first quarter net up 21% on premium income August 16, 2022 admin 247 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
Private life insurance SEBI directs MFs to discontinue bundling SIPs with insurance cover July 13, 2022 admin 258 Views 0 Comments directs, discontinue, Insurance, MFs, SEBI, SIPs SEBI has directed mutual funds (MFs) to stop providing insurance cover as an attraction for wooing systematic investment plan (SIP). Read more