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HDFC Life records 12% rise in net profit to Rs 611 crore in Q1FY27
Vibha Padalkar, MD & CEO, HDFC Life, said,"Growth during the...
ICICI Pru Life Q1 pofit Jumps 28 pc to Rs 386 cr
Anup Bagchi,MD & CEO,said, “We reported a new business premium...
Life insurance new business premiums rise 16.6% in Q1 on private insurers’ growth: Report
The report said the industry's new business premiums reached Rs 1.09 lakh crore in Q1FY27, while private insurers continued to outpace the overall market, strengthening their market share to nearly 40 per cent. New Delhi:India's life insurance industry started FY27 on...
Policybazaar signs Amitabh Bachchan for Health and Term insurance awareness
Amitabh Bachchan Sarbvir Singh, Joint Group CEO of PB Fintech, said, " Over the years, we have invested more than ₹3,000 crore in driving awareness around insurance products. We believe Amitabh Bachchan can help make insurance a conversation in every Indian household,...
Japan Post Insurance and SCOR sign MoU for ceding of Postal Life Insurance Policies
The MoU covers the cession of the underwriting risks under Japan Post Insurance’s Postal Life Insurance policies and the establishment, investment and operation by SCOR of a reinsurance vehicle for risk management purposes, intended to assume underwriting risks held...
InsuranceDekho taps banks for $400 million India IPO
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp and BNP Paribas Cardif, could launch this year or early 2027, with a target to raise as much as $400 million, the people said, asking not to be identified because the information is private. Indian...
Generali Central Life Insurance launches Sunehra Pension Plan
Generali Central Life Insurance (GCLICL), has launched the Sunehra Pension Plan. It is a participating (PAR), on-linked, pension, savings-oriented life insurance plan aimed at helping policyholders build a retirement corpus for their future financial security. By...
DFS moves to improve complaint resolution, Enhances trust in banks and insurers
The Insurance Division of DFS secured second position in the Group A category of the Grievance Redressal Assessment and Index (GRAI) for May 2026. The Banking Division ranked sixth in the same category. New Delhi: The Department of Financial Services (DFS) is...
Aviva buys out Dabur’s 26%, takes full control of its Indian life JV
The acquisition follows recent regulatory foreign direct investment ("FDI") changes in India, which now allow foreign insurers to increase their shareholdings in local insurance companies to 100% This is the second deal in the Indian insurance sector in a week when a...
AI investment to cushion global insurance slowdown amid geopolitical turmoil: Swiss Re
Jérôme Haegeli, Swiss Re's Group Chief Economist, said,"The latest Middle East conflict is not a one-off shock but another sign that geopolitical risk has become a structural feature of the global economy with four supply shocks in six years. As economies invest in AI...
AI’s biggest challenge is restoring trust in Indian insurance industry: PwC
L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC's new...
LIC highlights stronger profitability, market leadership in investor presentation
Outlining its future priorities, the corporation said its strategy would focus on increasing the share of non-participating products, strengthening profitability, expanding bancassurance and alternate distribution channels, accelerating digital transformation, and...