Television is the primary source of financial information about insurance for customers. Among them financially-savvy customers find online and print media as the top decision making enabler for
Life insurance sector reported 20 per cent growth in overall annual premium equivalent in first half of FY17. Both both private players and LIC delivered similar growth as
Individual single premiums more than doubled even as new premiums jumped 61 per cent for life insurance companies last month.
First year premiums rose to Rs 16 767
- Oct04By PTI
In a show of solidarity towards soldiers martyred in the Uri attack, LIC on Tuesday said it has expeditiously settled the insurance claims on its own after obtaining necessary documents.
Private life insurers are witnessing a decline in policy surrenders in the unit linked insurance plans (Ulips) segment, a problem that was rampant in the previous several years.
Lack of medical infrastructure, coupled with high incidence of fraud, has increased the number of death claims being reported from rural areas, data with life insurance companies reveal. States from the Northeast reported the highest incidence of death claims in the country, as per a study conducted by the Insurance Information Bureau (IIB).
- Sep25By PTI
As the GST rollout plans gathers momentum, life insurers sought exemption from the new taxation regime on premium income, while general insurers have demanded differential rates for their products.
After witnessing a blip in July new business premium growth for private life insurance companies bounced back last month. Private life insurers grew by 21 per cent to
- Sep16By PTI
Regulator Irdai is hopeful that some global reinsurers may set up shop here early next year and signalled that a decision on giving the second stage of licence (R2) will
Proxy advisory firms have opposed payment of Rs 850 crore non-compete fee to Max Life Insurance promoters Analjit Singh and his family business for the merger of Max Life Insurance
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