Recent policy measures, such as the exemption of insurance premiums...
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LIC chief expresses concern over continued stagnation in number of policies in force
Swaminathan S. Iyer, Member (Life), IRDAI,Dinesh Pant, managing...
Moody’s expects India’s 7.3% economic growth in FY26 to push premium surge
Moody's said India's robust economic growth contributed to a 17 per...
Tata AIA Life launches Shubh Muhurat
Tata AIA Life Insurance has launched Shubh Muhurat, a life insurance solution designed to help Indian families financially prepare for weddings, a major cultural and social milestone. This plan offers capital guarantee with equity exposure, long-term wealth growth,...
Indian insurance industry watches Govt’s move on IRDAI chief as Panda’s 3-yr term ends on Mar 14
Debasish Panda, chairman, IRDAI Panda after taking over as IRDA chairman on Mar 14, 2021, had unleashed an extensive reforms agenda for the industry to achieve `Insurance for all by 2047' and industry is already tapping all the sources to know whether Panda is...
Budget 2025-Insurers expect tax benefits, concessions for healthcare
Sameer Bansal, MD & CEO, PNB MetLife, said that while India is a fast-growing economy fuelled by its rising middle-class population of 25-45-year-olds, the proportion of people above the age of 60 is equally increasing at a rapid pace New Delhi: Insurers are...
MFs, insurers and retail investors buy $8 billion of Indian equities in Jan as FIIs sell
A greater participation of mutual funds, insurance firms and retail investors in the Indian stock market has made India one of the top five markets globally despite waning ownership of foreigners New Delhi: The Indian equity market’s reliance on domestic investors has...
Indian economy to grow 7% in FY25, robust expansion to drive insurance premium growth, says Moody’s
``India's private sector insurers continue to reinforce their solvency, but we expect some pressure on their capital adequacy because of increased underwriting exposure and regulatory changes,'' Moody's said New Delhi: Moody's Ratings on Monday projected the Indian...
IFSCA and IRDAI to work together for pulling global re/insurance investment into India: Rajaraman
L to R - PK Arora, Member, IRDAI, T Alamelu, Principal Advisor, Insurance, International Financial Services Centres Authority (IFSCA ) , K Rajaraman, chairman, IFSCA at the inaugural of 2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit’ in Mumbai on...
2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit in Mumbai on Jan 20
2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit,Monday, January 20, 2025,Hotel JW Marriot, Juhu, Mumbai, Opening Address by Mr. K. Rajaraman, Chairperson, IFSCAAddress by Mr.P.K. Arora, Whole Time Member (Actuary), IRDAIAddress by Mr Tapan Ray, Managing...
SBI Life Insurance reports a 71% rise in net profit at Rs 551 crore for Q3FY25
SBI Life's expense of management increased during the quarter to Rs 2,417 crore as compared to Rs 2,188 crore in the third quarter of the previous fiscal Mumbai: SBI Life Insurance on Friday reported a 71 per cent rise in net profit at Rs 551 crore for the third...
Women in Goa stride towards empowerment with ‘Bima Sakhi’ scheme
Pramod Sawant, Chief Minister, Goa The Bima Sakhi Yojana was launched by Prime Minister Narendra Modi in December 2024, while the Pramod Sawant-led Goa government launched this initiative in association with Life Insurance Corporation (LIC) last week Panaji: The...
HDFC Life shares jump nearly 12 pc after December quarter earnings
``We are committed to adapting to the evolving market landscape with agility and resilience. This includes continued investment in distribution, tech and customer-centric product innovations to deliver long-term value for our stakeholders,” said Vibha Padilkar, MD...