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Indian Millennials are financially prudent, need guidance for buying life insurance: Tata AIA Life Survey

Indian Millennials are financially prudent, need guidance for buying life insurance: Tata AIA Life Survey

by AIP Online Bureau | Mar 29, 2022 | Facts, Life, Wealth Management/ Philanthropy

However, amid the encouraging habits towards financial prudence, Indian millennials are yet to become fully aware of and understand solutions such as life and health insurance Mumbai: Indian millennials seem to have realized the importance of maintaining a healthy...

Life Insurance Council comes back with `Sabse Pehle Life Insurance’ campaign

by AIP Online Bureau | Feb 17, 2022 | Indian News, Life

To create a strong resonance across the country, the campaign will be rolled out in 40 cities across the country with a focus on the target audience from ages 25-55 years In this quarter the council might land up being the number one advertiser on reach and frequency...

Life insurers’ new premium income up 3 pc to Rs 21,957 cr in January

by AIP Online Bureau | Feb 8, 2022 | Indian News, Life

The country’s largest and the only state-owned insurer LIC registered a decline of 1.58 per cent in new premium income at Rs 12,936.28 crore in January 2022, as against Rs 13,143.64 crore in the same month a year ago The new business premium income of all the...

“Provide separate bucket for life insurance premium, tax-free annuity in Budget”

by AIP Online Bureau | Jan 16, 2022 | Indian News, Life, Policy

The Rs 1,50,000 limit for tax rebates is a pretty cluttered bucket and it does not give much space for the life insurance premiums (to get the full benefit of tax exemption), Karthik Raman, CMO and Head – Products, Ageas Federal Life Insurance, told PTI Life...

FOCUS-Life insurers adapt pandemic risk models after claims jump

by AIP Online Bureau | Jan 13, 2022 | Health, International News, Life, Reinsurance

Claims rose most in the United States, India, and South Africa due to the more lethal variants and a rise in fatalities or illnesses among younger and unvaccinated groups The global life insurance industry was hit with reported claims due to COVID-19 of $5.5 billion...
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