Life

The new business premium income of India's life insurance companies rose by 15.3 per cent to Rs 24,916.58 crore in October 2022, data from the Life Insurance Council showed. All…

New business premium income of life insurance companies witnessed a surge by 91 percent to Rs 39,078.91 crore in July as against Rs 20,434.72 crore during the corresponding period of…

Tata AIA Life Insurance has declared Rs. 861 crore in annual surplus transfers to the participating policyholders for FY22. The company said this is the fifth consecutive year of surplus…

In a first-of-its-kind advisory, the IRDAI has proposed premium growth targets over a five-year period for life insurance companies, in a bid to double insurance penetration in the country. In…

SBI Life Insurance reported a 56 % rise in net profit at Rs 364 crore for the third quarter ended December. The private sector insurer's profit stood at Rs 233…

Bank of Baroda is considering an initial public offer (IPO) of its insurance arm IndiaFirst Life in the next financial year. BoB holds a 44% stake in IndiaFirst with Union…

Understanding the modern and vibrant lifestyle of the young generations, Sri Lanka Insurance presents ‘Early Cash’ life insurance solution which provides early returns while offering comprehensive protection for policyholders. Sri…

A good number of COVID-19 survivors will opt for life insurance in the country, remarked Vibha Padalkar, MD and CEO of HDFC Life Insurance Company Ltd, while announcing the company's…

HDFC Life Insurance reported a 2% increase in its standalone profit after tax to Rs. 318 crore in the quarter ended on March 31, 2021, compared to Rs. 312 crore…

According to the data released by  IRDAI, the private life insurers of India have outperformed Life Insurance Corporation last fiscal during the pandemic. Their digital push aided private insurers in…