Private life insurance Life insurers’ new biz premium spikes 42% January 18, 2022 admin 308 Views 0 Comments life insurers, premium Life insurers’ new business premium (NBP) reported good performance in November after a poor showing in October, on the back Read more
Private life insurance Life insurers pay out Rs. 11000 crore in Covid-19 death claims December 18, 2021 admin 340 Views 0 Comments COVID-19, death claims, life insurers 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
Life Insurance News LIC pulls life insurers’ new biz premium down by 5% December 14, 2021 admin 305 Views 0 Comments LIC, life insurers, new biz premium After recording impressive growth in September, new business premiums (NBP) of 24 life insurance companies degrew 5 per cent year-on-year Read more
Private life insurance Life insurers see 22% new biz premium growth in September November 24, 2021 admin 253 Views 0 Comments life insurers, premium, September Life insurers showed impressive growth in new business premiums (NBP) in September over the same period last year. The NBP Read more
IRDA in India IRDAI allows life insurers to issue e-policies till 30 September March 24, 2021March 25, 2021 admin 330 Views 0 Comments COVID-19 pandemic, e-policies, IRDAI, life insurers IRDAI has recently said that the life insurance companies can issue electronic policies for six more months till 30 September, Read more
Private life insurance Life insurers’ new business premium grows 26.5% March 19, 2021 admin 287 Views 0 Comments LIC, life insurers, NEW BUSINESS PREMIUM, private insurers In Q2, Indian insurers netted new business premium to the tune of Rs 75,392 crore, with LIC witnessing a rise Read more
Private life insurance Life insurers register 32% increase in new business premium income December 28, 2020March 15, 2021 admin 320 Views 0 Comments Business Premium Income, COVID-19, LIC, life insurers Life insurers reported a 32 per cent jump in new business premiums (NBP) in October, helped by healthy growth in Read more
Insurance News IRDAI extends Electronic Consent for Life Insurers December 4, 2020March 19, 2021 admin 274 Views 0 Comments coronavirus pandemic, Electronic Consent, IRDAI, life insurers IRDAI has extended the facility for life insurers to obtain the consent of prospective policy holders electronically by three months Read more
Insurance News IRDAI tweaks norms on sale of life cover without wet signature December 4, 2020March 19, 2021 admin 314 Views 0 Comments IRDAI, life cover, life insurers, wet signature Life insurers should provide a standard presentation on the product being sold without the physical signature of the policyholder. Read more
Private life insurance Life insurers face falling persistency levels November 6, 2020March 20, 2021 admin 352 Views 0 Comments HDFC Life, life insurance companies, life insurers, PERSISTENCY LEVELS, SBI LIFE INSURANCE Amid signs of recovery in sales, life insurance companies continue to grapple with low persistency levels, especially in market-linked and Read more