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Life insurance is witnessing shift from  ‘savings ’ to ‘protection’:IRDAI member

Life insurance is witnessing shift from ‘savings ’ to ‘protection’:IRDAI member

by AIP Online Bureau | Jan 12, 2022 | Indian News, Life, Pandemic, Regulation

K. Ganesh, Member (Life), IRDAI said fintech will redefine distribution and customer services Pune: K. Ganesh, Member (Life), IRDAI has said the Covid-19 pandemic has changed the peoples’ perspective of life insurance from ‘savings oriented’ to ‘protection oriented’....

Life insurers’ new business premium income nearly flat at Rs 24,466 cr in Dec

by AIP Online Bureau | Jan 7, 2022 | Indian News, Life

On a cumulative basis, the first-year premium of all life insurers during April-December 2021 jumped 7.43 per cent to Rs 2,05,231.86 crore Hyderabad: Life insurers’ collective new business premium income stayed nearly flat from a year ago at Rs 24,466.46 crore...
2021:Indian Life Insurance Trends

2021:Indian Life Insurance Trends

by AIP Online Bureau | Dec 30, 2021 | Articles, Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits

Vighnesh Shahane, MD & CEO, Ageas Federal Life Insurance With the hike in rates by reinsurers, term plan prices are set to rise, but they still remain one of the most important and crucial investments in one’s financial portfolio In India, a third wave could...
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