premium

Health insurance premiums, which registered a 25.6 percent growth - almost double that of last year - have been the main driver of the double-digit growth in non-life insurance in…

Moving towards rolling out the world's first comprehensive health insurance scheme, the government plans to expand the Ayushman Bharat health cover to over 40 crore more people who are currently…

The Centre approved the revised base premium rates for third-party motor vehicle insurance on Wednesday. From June 1, 2022, these new rates will come into effect. These rates were last…

Air India, has taken a Rs. 60,800 crore ($8 billion) cover for Air India by paying Rs. 266 crore premium to insurance companies, including Tata AIG General Insurance. The airline…

Some Non-life Insurers, which had not revised rates during the pandemic, have now sought a revision in pricing to keep up with medical inflation. The regulator allows insurers to revise…

Life insurance companies have recordedanincrease of 37 percent in new business premiums (NBP) to Rs 59,608.92 crore in March 2022, with LIC recording 51 percent surge in first-year premiums. In…

The much-anticipated upward revision in third-party (TP) motor insurance premiums, after almost three years, proposed by the insurance regulator in a draft notification a few days ago, has not enthused…

Life insurance companies reported impressive growth in new business premium (NBP) in February, driven mainly by initial public offering-bound Life Insurance Corporation (LIC) of India’s sharp jump in NBP in…

SUD Life reported an 80 % jump in its new business premium income to Rs 1,309 crore for the quarter ended December 2021. The insurer honoured around Rs 550 crore…

Life insurers reported muted growth in new business premiums (NBP) in January after a tepid showing in December, owing to single-digit growth in private insurers' NBP and degr­owth in initial…