by AIP Online Bureau | Aug 22, 2023 | Briefs, Life, Technology
SBI Life Insurance launched its dedicated 24X7 inbound contact centre to address before and after purchase queries related to comprehensive insurance solutions provided by the company. The toll-free number is...
by AIP Online Bureau | Jul 25, 2023 | Indian News, Life
The life insurer’s Value of New Business (VoNB) has declined by one per cent and stood at Rs 8.7 billion in the reporting quarter. Similarly, the company has seen its New Business Margin (VoNB Margin) falling to 28.8 per cent in Q1Fy 2023-24 from 30.4 per cent...
by AIP Online Bureau | Jul 17, 2023 | Indian News, Life, Regulation
A two-judge bench of the apex court asked the SAT to decide the case afresh on August 3 observing that the appellate tribunal passed the stay order without providing any valid reason New Delhi: In its third hearing, the Abhay S Oka Supreme Court on Monday overturned...
by AIP Online Bureau | Jun 13, 2023 | Indian News, Life, Regulation
“The fact that the earlier direction of the respondent (Irdai) in transferring the business to ICICI Prudential Life Insurance Company was set aside in 2018 and since then no steps had been taken to transfer the policies, we find it strange that such steps have...
by AIP Online Bureau | Jun 4, 2023 | Indian News, Life
The total number of policies being transferred is only a small percentage of SBI Life’s total policies, a company official said.At the same time, capital related to policies based on actuarial calculation is being transferred to SBI Life, an insurance industry...
