Page 7 - Life Insurance

Non-life insurers direct premium rises by 6.7% in Jan at Rs 18,488.06 cr

The cumulative premium till January 2021 rose by 1.91 per cent to Rs 1,40,999.04 crore; stand-alone health insurers witnessed 8.04 per cent increase at Rs 12,108.73 cr

Life insurance industry net profit down 8.4 % to Rs 7,728.30 cr in FY20

The life insurance industry registered a decline of 8.4 per cent in net profit at Rs 7,728.30 crore in 2019-20, Irdai's annual report showed on Wednesday.

Competition Commission gives go-ahead to Axis-Max Life Insurance deal

Additionally, Axis Capital and Axis Securities will acquire 2 per cent and 1 per cent, respectively, shareholding in Max Life

How NRIs can buy term insurance plans in India

The Coronavirus pandemic has made life uncertain throughout the world.

Life insurers see 2.7% contraction in December premium collection

Top private insurers such as HDFC Life, ICICI Life, and Max Life Insurance registered double-digit growth in December

Foreign portfolio investors accounted for 55% of IPO mop-up in 2020

The Indian anchor list was dominated by mutual funds, with just one insurance firm HDFC Life Insurance in the top 15; it contributed Rs 109 crore

Increase life insurance cover to keep pace with your liabilities

Convert policies into 'paid-up' if internal rate of return is below promised levels

I-Pru Life: Retail focused portfolio, no investment risks augur well

Share of protection at 17 per cent in Q2 was its best-ever performance

New business premium of life insurers decline 26.93% YoY in November

In the April - November period of FY21, NBP of life insurers declined by 1.5 per cent to Rs 1.66 trillion, as against Rs 1.69 trillion in the same period last financial year

Mandating insurance not the way forward to boost penetration: Irdai member

T L Alamelu says health insurers need to address trust deficit; regulator has tried to standardise areas of concern such as definitions, pre-existing diseases, among others

Looking for insurance cover? Go for policies that offer wide coverage

Those who don't have comprehensive health cover may consider a Covid-specific policy

Irdai extends electronic customer consent for life insurers by 3 months

Facility has been allowed for pure risk products, is available till next March

Growth or Margin? Life insurers' conundrum in the September quarter

Strong premium income growth of SBI Life and HDFC Life in Q2 cements the Street's conviction, and at 27.4% VNB margin I-Pru Life surprises investors

Saral Jeevan Beema for Bharat: Irdai introduces standard life product

All insurers to offer the product from January 1, 2020

We expect Q3 to be better than Q1 and as good as Q2: Bajaj Allianz Life CEO

In the segment, life insurers are able to give better post-tax returns than fixed deposits, Chugh said

Life insurers see 16% growth in new business premiums in September quarter

New business premiums of life companies rose 26% in September, with LIC leading the way

Life insurance stocks: Investors need to pause, wait for better cues

Growth challenges coupled with pricing issues and recent stock market rally doesn't bode well

Unlock BFSI 2.0: From push, insurance has become a 'nudge product'

While demand for insurance, especially protection products, has gone go up, affordability is an issue

Unlock BFSI 2.0: Insured and safe — Insurance in the time of pandemic

Govt to hire Deloitte, SBI Capital Markets to help LIC prepare for IPO

Prime Minister Narendra Modi's government is keen to go ahead with the initial public offering -- potentially India's biggest -- to help plug a widening budget gap.