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Life insurers’ new premium rise 13% to Rs 3,14 trillion in FY 2021-22, private sector gains market share by 3%

Life insurers’ new premium rise 13% to Rs 3,14 trillion in FY 2021-22, private sector gains market share by 3%

by AIP Online Bureau | Apr 18, 2022 | Indian News, Life

LIC’s new premium income has seen a growth of eight per cent y-o-y to Rs 1,98 trillion during the reporting period. The private sector companies led by SBI Life has mobilised a total new premium of Rs 1,15 trillion, up 23 per cent y-o-y, in FY 2021-22 Except Future...
VP Naidu calls for greater participation of private sector in strengthening health infrastructure

VP Naidu calls for greater participation of private sector in strengthening health infrastructure

by AIP Online Bureau | Apr 11, 2022 | Health, Indian News

, M Venkaiah,Vice President Highlighting the worrying trend of increasing non-communicable diseases in India, Naidu urged the medical fraternity in the private sector to create awareness among people, particularly the youth, on the dangers posed by a sedentary...

LIC’s Post IPO business plan a threat to private firms: Credit Suisse Report

by AIP Online Bureau | Feb 20, 2022 | Indian News, Life, Wealth Management/ Philanthropy

The report notes that LIC’s margin has already gone by up 700 bps to 9.9 percent after government amended LIC’s surplus/profit distribution rules which allows it to make a 10 per cent shift in the business mix from participating policies to...
Private sector plays important role in journey towards net-zero emissions: Minister

Private sector plays important role in journey towards net-zero emissions: Minister

by AIP Online Bureau | Jan 24, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

Private sector players have already woken up to this reality and are already playing a key role in this climate fight. Rising number of companies have announced net-zero ambitions over the last year. Climate action will not only transform industries, but also likely...
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