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IRDA in India 

Reinsurers asked to retain 50% of business underwritten in India

January 9, 2023 admin 73 Views 0 Comments business, india, reinsurers, retain, underwritten
IRDAI has, in a revised exposure draft on reinsurance regulations, mandated that Indian reinsurers, including foreign reinsurance branches, have to Read more
Life Insurance News 

New business premium of life insurers up 30% in November

January 6, 2023 admin 85 Views 0 Comments business, life insurers, November, premium
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 

LIC gains 2% market share in new business premium

August 11, 2022 admin 151 Views 0 Comments business, LIC, market, premium, SHARE
LIC has gained over 200-basis points (bps) market share in new business premium (NBP) during the April-June quarter of FY23. Read more
Life Insurance News 

Need capital to grow business, says LIC chief

July 5, 2022 admin 140 Views 0 Comments business, capital, LIC chief
Life Insurance Corporation of India’s maiden dividend failed to enthuse its investors, but the insurer highlighted that it needs capital Read more
IRDA in India 

IRDAI seeks business plans from 3 PSU general insurers

May 4, 2022 admin 147 Views 0 Comments business, General insurers, IRDAI, PSU
IRDAI has sought revised business plans from the three public sector general insurers – National Insurance Company, Oriental Insurance Company Read more
Life Insurance News 

Life insurance companies new business premium rise 37% in March

May 3, 2022 admin 143 Views 0 Comments business, life insurance companies, premium
Life insurance companies have recordedanincrease of 37 percent in new business premiums (NBP) to Rs 59,608.92 crore in March 2022, Read more
IRDA in India 

IRDAI takes up legal recourse issue with govt on surety bond business

April 13, 2022 admin 155 Views 0 Comments business, govt, IRDAI, Legal
IRDAI has taken up the issue of insurers being treated at par with banks when it comes to recovery recourse Read more
Private life insurance 

SUD Life registers 80 pc jump in new business premium to Rs 1,309 crore in Dec quarter

April 8, 2022 admin 166 Views 0 Comments business, premium, quarter, SUD Life
SUD Life reported an 80 % jump in its new business premium income to Rs 1,309 crore for the quarter Read more
Life Insurance News 

LIC showcases its business dominance

February 9, 2022February 10, 2022 admin 303 Views 0 Comments business, dominance, LIC, showcases
Life Insurance Corp of India recently did a hard sell to institutional investors from across the globe positioning itself as Read more
General Insurance News 

Tata AIG to vie for group’s airline insurance business

February 4, 2022 admin 259 Views 0 Comments airline, business, Insurance, Tata AIG
Tata AIG General Insurance Company, will join the race to provide insurance cover for the Indian conglomerate’s airlines, including Air Read more
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