Life Insurers report muted business growth in February
Life insurers reported muted growth in retail Annual Premium Equivalent (APE) for February 2023, largely due to a decline in Read more
life insurers
Finance Ministry looking into life insurers’ tax relaxation plea
The relaxations sought by the life insurance industry on the Budget announcement of taxing high-value policies with premiums of Rs. Read more
Life insurers to approach FinMin seeking clarity on Budget tax announcement
After the Union Budget for 2023-24 proved to be a dampener for the life insurance industry, sector players are now Read more
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 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
Life insurers struggle to attract, retain talent
The life insurance sector is battling a human resource shortfall due to elevated attrition levels and high-growth environment. Hiring across Read more
Life Insurers seek risk-based solvency regime for 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
Life insurers to once again benefit from a low-base effect
For two consecutive fiscals, life insurance companies have experienced low-base effects in quarter 1 (Q1) due to the Covid-19 first Read more
Life insurers’ new biz hit as LIC premiums contract
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
Life insurers may soon sell health insurance
IRDAI is planning to allow life insurance companies to offer full-fledged health insurance policies, two people with direct knowledge of Read more
