Filing of Health Insurance Advertisements by Life Insurers
At present, the life insurers are filing advertisements of both Life and Health related products with the Life Department of the Authority on the BAP portal. In order to facilitate…
At present, the life insurers are filing advertisements of both Life and Health related products with the Life Department of the Authority on the BAP portal. In order to facilitate…
In order to bring further uniformity, comparability and fair presentation of financial position in the Financial Statements filed by the insurers, the Authority, in exercise of the powers under Section…
In Today’s time where we see everything digital, we do everything online, whether it’s ordering a food, buying clothes or investing in insurance. The last point bears a closer examination…
According to a McKinsey analysis, life insurers in India have been valued higher than those in other Asian nations like China, Japan, and Taiwan, making the Indian life insurance market…
According to ICRA, the new business premium (NBP) for the life insurance market is anticipated to increase by 1113 percent to Rs. 4.494.66 lakh crore in FY25, from Rs. 3.71…
The life insurance industry is expected to report a compression in its margin during the second quarter of financial year 2023-24 (Q2FY24) due to decline in share of the margin…
Life insurers are likely to report subdued premium growth for the first quarter of the current fiscal year following strong top-line growth in the fourth quarter of FY23. Post the…
LIC and other life insurers expect the impact of recent tax changes on high-value, non-participating policies to be minimal. LIC said on an investor call that only 0.04% of policies…
Life insurers reported muted growth in retail Annual Premium Equivalent (APE) for February 2023, largely due to a decline in retail APE growth of the state-owned Life Insurance Corporation of…
The relaxations sought by the life insurance industry on the Budget announcement of taxing high-value policies with premiums of Rs. 5 lakh and above are currently under examination by the…