Premiums of Non-life insurers up 15.5% in Oct
The non-life insurance industry bounced back in October, as premiums grew at 15.51 per cent year-on-year (YoY) and marked a Read more
premiums
New biz premiums of life insurers grow 15%
The new business premium income of India’s life insurance companies rose by 15.3 per cent to Rs 24,916.58 crore in 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’ New business premiums zooms 84% in April
New business premiums (NBP) of life insurance companies jumped 84 percent year-on-year (YoY) in April, propped up by 141 percent Read more
Health insurance premiums on the rise
Health insurance premium is set to rise this fiscal on the back of rising medical costs and high Covid-19 claims. Read more
Group health policies see rise in premiums in renewal cycle
Group health insurance policies up for renewal in the current renewal cycle saw price correction, where insurers revised their premiums Read more
IRDAI douses ‘Burning Cost’, premiums may fall for Corporates
IRDAI has stated that ‘Burning Cost’ can’t be quoted by basic insurers as a ‘mandated minimum rate’ to cost premiums Read more
Non-life insurers post 11% growth in FY22 premiums
After a low single digit growth in FY21, the non-life insurance industry reported an 11 per cent growth in premiums Read more
Motor third-party premiums to be revised after 2 years
The ministry of road transport and highways in consultation with the insurance regulator released a draft notification for revising the Read more
Term insurance premiums to rise up to 40% as re-insurers push up rates
Term insurance premium rates are set to rise by up to 40 per cent after re-insurers tightened underwriting norms in Read more
