Life insurance companies in India have reported a robust 14% year-on-year (Y-o-Y) increase in new business premiums (NBP) for September 2024, driven by substantial growth from both the state-owned Life…
Private-sector life insurers in India are actively working to revise their commission structures for distribution channels, following a significant regulatory shift that took effect on 1 October. This change mandates…
India's life insurance sector has experienced a remarkable compound annual growth rate (CAGR) of 12% and 10.5% in terms of new business premiums and annual premium equivalents, respectively, from fiscal…
About Mr Dirk Reinhard Experienced Vice Chair, Munich Re Foundation with a demonstrated history of working in the sustainable asset management, insurance and non-profit organization management industry. Strong business development…
Life Insurance Corporation of India launches an affordable life insurance solution for micro-finance institutions, SHGs, and more, effective from 7th October 2024. The Life Insurance Corporation of India (LIC) has…
Finance Minister Nirmala Sitharaman introduces a long-term savings initiative for children, offering financial security and retirement savings from a young age. In a significant step toward encouraging long-term financial planning,…
A meticulously orchestrated murder plot designed to claim a ₹50 lakh insurance payout has been unraveled by police, revealing a shocking tale of forgery, deception, and greed. What was initially…
Mahindra Insurance Brokers, a subsidiary of Mahindra Finance, has announced the launch of its reinsurance division in Dubai, United Arab Emirates, marking a strategic move to serve the Middle East…
ManipalCigna Health Insurance has introduced its new Sarvah range of health insurance plans, aimed at providing affordable and inclusive healthcare coverage for India's "missing middle" population. According to a NITI…
In a strategic move to expand its footprint in the health insurance sector, Life Insurance Corporation of India (LIC) is considering the acquisition of a minority stake in a standalone…