Life Insurance sector triggers 20% growth in Q1
The life insurance industry has sold additional 60% Group Single Premium policies, mopping up Rs.12,861 cr in the quarter as Read more
South Korea’s largest insurance company,Samsung Life Insurance is in talks with DLF -Pramerica to buy Pramerica’s 26% stake in the insurance joint venture to enter India. Even after the exit of ING from Indian insurance sector by selling off its 26% stake in joint venture ING Vysya Life Insurance, several foreign players are eying to enter India. Read more
Leading private insurer Reliance Life plans to launch a new pension plan as early as next month and has sought the sector regulator IRDA’s approval for the same, a top official said. Read more