GST Council to clarify life insurance premium
The GST Council will soon provide clarity on input tax credit for life insurers, following a recent Rs 290-crore demand on Life Insurance Corporation — a move that is expected…
The GST Council will soon provide clarity on input tax credit for life insurers, following a recent Rs 290-crore demand on Life Insurance Corporation — a move that is expected…
Insurtech startup InsuranceDekho said it has raised $60 million in a Series B funding round led by Japan’s Mitsubishi UFJ Financial Group (MUFG); insurer BNP Paribas Cardif through its insurtech…
The life insurance industry has reported a lacklustre performance in the first six months of the financial year 2023-24 (FY24) with the new business premium falling 12.97 per cent, mainly…
Over 1 lakh employees and nearly 13 lakh agents of the Life Insurance Corporation of India (LIC) will have something to cheer, as the Finance Ministry approved welfare measures, including…
Max Life Insurance is on an expansion spree, and is implementing a comprehensive plan focussed around channels, growth, new distribution buildup and product launches, its MD & CEO, Prashant Tripathy…
A study by SBI Life Insurance, conducted in collaboration with Deloitte, highlights a concerning gap in the financial preparedness of Indian consumers. The Financial Immunity Study 3.0, titled ‘Demystifying the…
The finance ministry announced a series of steps that will benefit around one lakh employees of LIC and 13 lakh agents of the state-run company. In the package for employees…
LIC has launched a special campaign to revive lapsed policies at a discounted premium. The campaign, to mark the insurer's 67th anniversary, will run from September 1 to 30. During…
After announcing an entry into the asset management business with BlackRock, Jio Financial Services (JFS) is gearing up to foray into the insurance segment. JFS will partner with a global…
InsuranceDekho, which raised $150 million in one of the largest Series A funding rounds in India earlier this year, is close to raising another round of institutional funding. Girnar Insurance…