Pension plans offered by life insurance companies haven't gained momentum compared with the National Pension System (NPS), Employees' Provident Fund (EPF) and other instruments, partly due to lack of liquidity…
According to the IRDAI's annual report for 2014-15, of the total 23 private life insurers, only 11 have a claim-settlement ratio in excess of 90% in terms of number of…
By all counts, the successor to SK Roy, who has unexpectedly tendered his resignation as LIC Chairman, may come from within organization itself. Tradition has it that most of those…
Life Insurance Corp of India (LIC) has said it is willing to participate in India's maiden sovereign wealth fund National Investment and Infrastructure Fund (NIIF) as the state-owned company's own…
SBI Life Insurance has launched higher income individual focused market-linked life insurance plan - Smart Privilege. The product provides both life insurance as well as the opportunity to increase wealth…
Two of India's leading private-sector insurers are looking to raise over $1 billion this financial year in the sector's first initial public offerings (IPOs), as insurance companies' rush to take…
Insurers, particularly those promoted by non-banking companies, are likely to see a major boost in insurance distribution, as banks can now start selling products of multiple insurers. Future Generali Life,…
The new premium collected by life insurers rose by 26.6 per cent in May to Rs 10,610.10 crore. The insurers had collected new premium of Rs 8,382.67 crore in the…
Reliance Life Insurance's chief executive of three years, Anup Rau has quit the company, said three people familiar with the development. Rau's exit from the company comes after it posted…
Exide Life Insurance has announced India cricket team captain Mahendra Singh Dhoni as its brand ambassador. Dhoni, who represents the aspirations of millions, has a strong mass appeal and following…