HDFC Life Insurance Company reported a 19% increase in second-quarter profit from increased policy sales, as more people sought cover in the aftermath of the COVID-19 pandemic. Standalone profit-after-tax was 3.26…
After a disappointing debut on listing day in May 2022, LIC’s shares continued to bleed and reach new all-time lows in the past 4 months. Recently LIC shares have again hit an…
LIC is considering starting its own depository for insurance dematerialisation, sources said."LIC’s insurance depository could be a separate subsidiary. This would reduce demat expense for LIC. They would also earn…
The life insurance sector is battling a human resource shortfall due to elevated attrition levels and high-growth environment. Hiring across companies has surged drastically, according to industry sources. The sector…
According to a Swiss Re report, Life Insurance premium is set to cross the $100 billion mark in India. The Indian life insurance business will present resilience and develop at…
LIC is considering deploying ‘bionic agents’ to support its agency workforce and boost digital sales capabilities. “A strategy of deploying ‘bionic’ agents by extending tech support in the form of…
LIC market share in new business premium jumped to 68.24 per cent during the six-month period ended September 2022 as against 64.48 per cent in September 2021 and 63.24 percent…
Future Generali India Insurance is expecting close to 20 per cent growth in the current financial year. It had registered a growth of around 8 per cent in gross written…
Shriram Life Insurance (SLIC) has been recognised for ‘Best Use of Technology in Customer Service (Life Insurance)’ at the prestigious BFSI Leadership Awards, 2022, organised by Krypton India. The award was presented…
Max Life Insurance Company announced appointment of Rohit Sharma, captain of men’s Indian Cricket Team and his wife Ritika Sajdeh, as its brand ambassadors. Max Life has signed a two-year…