life insurance

Teji Mandi Explains: What to make of the recent performance of the life insurance industry?

Teji Mandi Explains: What to make of the recent performance of the life insurance industry?

Life Insurance products saw demand like never before during the pandemic. However, the sword that fought for them was also the one that m...Read More

SBI Life Q1 net profit down 43% to Rs 220 cr on higher COVID claims payout

SBI Life Q1 net profit down 43% to Rs 220 cr on higher COVID claims payout

SBI Life Insurance Company Ltd (SBI Life) on Monday reported a 43 per cent slump in its net profit to Rs 220 crore for the quarter ended...Read More

Life insurance and mutual funds are different kettle of fish; here's why parity of treatment is not possible

Life insurance and mutual funds are different kettle of fish; here's why parity of treatment is not possible

Deepak Parekh, arguably the doyen of the Indian financial sector who founded the HDFC group and brought the idea of home finance companie...Read More

Teji Mandi: Near term profitability in life insurance under pressure - Here's why

Teji Mandi: Near term profitability in life insurance under pressure - Here's why

A higher number of people are realising the importance of having life protection policies under the influence of COVID-19. However, the p...Read More

Life Insurance: Short-term profitability impacted, but business potential remains intact

Life Insurance: Short-term profitability impacted, but business potential remains intact

COVID-19 has created a two-way impact on the life insurance industry. On one hand, the number of claims has gone up, impacting their prof...Read More

Competition concentrated in specific areas for life insurance, says Shriram Life Insurance's Casparus Kromhout

Competition concentrated in specific areas for life insurance, says Shriram Life Insurance's Casparus Kromhout

53-year-old Casparus Kromhout, CEO and Managing Director at Shriram Life Insurance has been in India for over ten years. But Kromhout, wh...Read More

Choice Group launches fintech aggregator platform to address low insurance penetration

Choice Group launches fintech aggregator platform to address low insurance penetration

In a bid to empower the average Indian mitigate his risks with the appropriate insurance products; Choice Group has launched a fintech ag...Read More

New premium of life insurance firms rises 3.7% to Rs 21,390 crore in January

New premium of life insurance firms rises 3.7% to Rs 21,390 crore in January

The new business premium of life insurance companies grew 3.72 per cent at Rs 21,389.70 crore in January 2021, data from Irdai showed on ...Read More


Life insurance sector's new biz premium declines 3 pc in Dec

Life insurance sector's new biz premium declines 3 pc in Dec

The new business or the first-year premium of 24 life insurance companies was Rs 25,079.89 crore in the same month of 2019.

Life insurers earn more in October selling lesser policies

Life insurers earn more in October selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the pr...Read More

SC: Can't suppress material facts while availing life insurance

SC: Can't suppress material facts while availing life insurance

A bench comprising Justices D. Y. Chandrachud, Indu Malhotra and Indira Banerjee said: "A contract of insurance is one of utmost good fai...Read More

What is the Claim Settlement Ratio?

What is the Claim Settlement Ratio?

When you’re dealing with a life insurance company, you may have heard of a term known as the ‘claim settlement ratio,’ or if you haven’t,...Read More

Insurance industry will bounce back soon, says Aviva Life Insurance’s Amit Malik

Insurance industry will bounce back soon, says Aviva Life Insurance’s Amit Malik

Up until March this year, buying and selling of insurance were usually driven by the physical presence of an agent. Today this agent has ...Read More

3 Key advantages term insurance plans have over other type of life insurance

3 Key advantages term insurance plans have over other type of life insurance

When you’re looking for life insurance policies, it’s easy to find yourself bombarded by terms and language that’s overwhelming and hard...Read More

Life insurance companies register 11.4% growth in premium income in FY20

Life insurance companies register 11.4% growth in premium income in FY20

The 24 life insurance companies' collective premium income stood at Rs 43.33 lakh crore during fiscal year 2018-19.

Life insurance policyholders get an additional 30 days to pay premium

Life insurance policyholders get an additional 30 days to pay premium

In a major relief for life insurance policy holders amid the cornavirus crisis, the Insurance Regulatory and Development Authority of Ind...Read More

Here's all you need to know about claiming health insurance in case you test positive for coronavirus

Here's all you need to know about claiming health insurance in case you test positive for coronavirus

The coronavirus outbreak has created panic among people about the coverage under the health insurance if tested positive. Dont worry. The...Read More

Women's Day 2020: Are you a single mother? Here are some financial tips for a better future

Women's Day 2020: Are you a single mother? Here are some financial tips for a better future

Being a single parent and raising a child is not quite easy. Handling a personal and professional life could be taxing in many ways for a...Read More

Airtel announces Rs 599 prepaid plan with Rs 4 lakh life cover and 2GB data per day

Airtel announces Rs 599 prepaid plan with Rs 4 lakh life cover and 2GB data per day

New Delhi: Pre-paid mobile customers of Bharti Airtel subscribing to Rs 599 plan will now get life insurance cover from Bharti Axa under ...Read More

IRDAI approves BSE-Ebix to sell life and non-life insurance products

IRDAI approves BSE-Ebix to sell life and non-life insurance products

Mumbai: Asia's oldest exchange BSE and its joint venture partner Ebix, the global leader in insurance exchanges, have received in-princip...Read More

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