Robust Growth in October 2024 Key Highlights: Overall Sector Growth: The Indian general insurance sector recorded a 27.53% year-on-year (Y-o-Y) increase in gross direct premium income in October 2024, reaching…
Strong Performance Despite Policy Sales Decline Key Highlights: Overall Growth: Life insurance companies posted a 13.16% year-on-year (Y-o-Y) increase in new business premium (NBP), collecting ₹30,347 crore in October 2024.…
Simplified Language: A Solution for Better Customer Satisfaction Key Developments: Simplification is Key: Pushpa Girimaji, member of the IRDA's Insurance Ombudsman Advisory Committee, has emphasized the importance of using clear,…
Simplifying Policy Language to Benefit Customers and Insurers Key Highlights: Call for Clarity: Pushpa Girimaji, a member of the IRDA's Insurance Ombudsman Advisory Committee, has emphasized the need for insurance…
A Promising Start for Niva Bupa on D-Street Key Developments: Listing Gains: Niva Bupa Health Insurance Company shares debuted on Wednesday with a 6.08% premium on the Bombay Stock Exchange…
LIC’s Strategic Entry into Health Insurance Sector Key Developments: LIC’s Plans: Life Insurance Corporation of India (LIC) is set to make a decisive move into the health insurance segment by…
Life insurance companies in India reported a 13.16% year-on-year (Y-o-Y) growth in new business premium (NBP) for October 2024, collecting a total of Rs. 30,347 crore. This growth was largely…
Life Insurance Corporation of India (LIC) has announced its Q2 results for the fiscal year 2024, revealing a 13.77% increase in revenue compared to the same period last year. However,…
Venu Srinivasan, Chairman Emeritus of TVS Motor, and V Jagannathan, Founder of Star Health and Allied Insurance, have unveiled Galaxy Promise, the first product from their newly formed joint venture,…
Mr. Chunky Chhetry, CEO of Sagarmatha Lumbini Insurance Company Ltd., Nepal has been elected to the prestigious Executive Board of Trustees of the Association of Insurers and Reinsurers of Developing…