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The GST Council will soon provide clarity on input tax credit for life insurers, following a recent Rs 290-crore demand on Life Insurance Corporation — a move that is expected…

LIC has launched a special campaign to revive lapsed policies at a discounted premium. The campaign, to mark the insurer's 67th anniversary, will run from September 1 to 30. During…

Non-life insurance companies’ premium fell 3.7 per cent on-year in August, after rising for 10 straight months, led by a substantial fall in crop insurance premiums. In the year-ago period,…

Kshema General Insurance is looking to double its premium income from insuring farm activities.The company aims to double the premium collections to 1,000 crore by end of this financial year,…

Shriram Life Insurance has reported a 12 per cent dip in profit after tax at Rs. 35.4 crore for the quarter ended June 30, 2023, compared to Rs. 39.6 crore…

LIC’s has reported a standalone net profit at Rs 9,543.71 crore for the quarter ended June as against a profit of Rs 682.88 crore in the corresponding quarter of last…

Simple Ways To Help You Save On Motor Insurance Premium As hard working individuals, all of us understand the significance which money holds in our life. Given the rising cost…

The life insurance companies reported moderation in new business premium (NBP) growth in December. From a 30 per cent uptick in November, NBP growth last month slowed down to 10…

Life insurance companies reported a 30 per cent year-on-year (YoY) growth in new business premiums (NBP) in November due to good performance by Life Insurance Corporation (LIC), even as private…

The Centre wants to ensure timely settlement of claims under crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) and has proposed some amount should be deposited by States as…