premium

Life Insurance Corporation (LIC), which has a nearly two-thirds market share, fares well in agent productivity and in cost-to-premium ratio. According to the draft prospectus filed by the insurer ,…

The new business premium (NBP) of life insurance companies was largely flat in December. This is owing to a 20 per cent fall in Life Insurance Corporation's (LIC) NBP. However,…

  The gross direct premium underwritten by non-life insurance companies grew by 7.3 per cent to Rs 18,953.09 crore in December 2021, data from IRDAI showed. The non-life insurance companies…

The Centre has appointed two separate groups of experts to suggest suitable working models with cost benefit analysis that will lower crop insurance premium and technology in crop yield estimation…

Max Life Insurance Company Ltd., has announced the enablement of UPI AUTOPAY for seamless and secure premium payments for its customers. Customers visiting the Max Life website for new purchases…

Life insurers' new business premium (NBP) reported good performance in November after a poor showing in October, on the back of strong growth in group single premiums for both private…

Covid pandemic has proved to be a boon for insurance companies. With people increasingly taking health cover to meet medical expenses, general insurance companies have reported a 29.81 per cent…

Life insurance companies have pitched for a re-pricing of the government's flagship Pradhan Mantri Jeevan Jyoti Beema Yojana. According to calculations, the premium would have to be fixed at a…

Life insurers showed impressive growth in new business premiums (NBP) in September over the same period last year. The NBP of life companies was up more than 22 per cent…

The insurance regulator has mooted the introduction of a differential premium for insured properties that are rebuilt on sensitive terrain after a natural disaster. This followed an observation that even…