The transaction is expected to close in the quarter ending March...
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Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC Chief
The Bill provides a framework for greater operational agility and...
Insurance Amendment Bill, 2025: Reforms for Insurance Penetration in India
R Doraiswamy, CEO& MD, Life Insurandce Corporation The Bill...
Axis Max Life’s IPQ 7.0: Persistent protection gap in rural India
-Rural India’s Protection Quotient rises to 16, up from 12 in IPQ 5.0 – but urban-rural gap stands at 32 points,-Life insurance ownership remains significantly lower, despite awareness gains,-Rural women lag rural men in all protection indices – Protection Quotient at...
LIC ranks as 4th most valuable Indian brand, ahead of Reliance Industries and SBI, says Brand Finance India report
Top 10 Indian brands post strong double-digit growth led by Tata, Infosys, LIC, HDFC Bank and Reliance Industries.LIC’s 2025 brand value stood at $ 13.6 billion up 35.1% from 2024 brand value of $ 10.07 billion, the report noted Mumbai: State owned life insurance...
SBI to deepen employees’ financial understanding; to have bi-weekly yoga sessions for all
"This strategic initiative aims to enhance the depth, quality, and consistency of financial planning provided across SBI's extensive branch and digital network. The training will cover investment planning, retirement readiness, insurance advisory, and estate planning,...
Canara HSBC Life signs Jasprit Bumrah and Sanjana Ganesan as brand ambassadors
In a move that reinforces its purpose-driven brand narrative, Canara HSBC Life Insurance has roped in fast-bowling spearhead Jasprit Bumrah and sports presenter, Sanjana Ganesan as brand ambassadors. This partnership brings to life the brand's core philosophy of being...
Prudential’s CEO Anil Wadhwani meets Sitharaman, remains bullish on India
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman met with Anil Wadhwani, chief executive officer, Prudential plc on Thursday Highlighting health as a shared strategic priority, Wadhwani conveyed the company's commitment to leveraging its global...
“IndiaFirst Life is progressively becoming a multi-channel distribution player in the industry.”
Varun Gupta, President & Chief Distribution Officer (CDO) – Bancassurance, IndiaFirst Life Though role of Bancassurance has grown significantly in the Indian life insurance industry, IRDAI, Insurers and banks need to continue to work together to enhance customer...
Term Insurance: Women’s preferred financial product
Bajaj Allianz Life Women Term Survey highlights a significant shift in financial priorities - with children’s future, education expenses, and health surfacing as top concerns. Term insurance emerged as the preferred financial product for women to secure their child’s...
AI plane crash: Insurers in a fix as both policyholders and nominees among dead
There are instances of an entire family perishing or one of the spouses dying in the horrific June 12 crash of the London-bound plane, which claimed the lives of 241 persons on board and 29 on the ground Ahmedabad: Insurance companies are facing challenges in settling...
Air India crash: IRDAI asks insurers not to demand FIR and post-mortem reports of victims for quick claims settlement
``Ensure that no claim is denied or delayed on account of procedural formalities in the case of confirmed deceased individuals from the passenger list and persons at the affected buildings of the crash area,'' said the IRDAI Insurers have to submit a report to the...
LIC relaxes claim settlement process of Air India plane crash victims
Life Insurance Corporation of India (LIC) on Friday said it has relaxed its claim settlement process for Air India plane crash victims in Ahmedabad and also expedite the process. "LIC has announced many concessions to mitigate the hardships of the claimants of LIC...