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Insurers start passing on full benefits of zero GST on retail Life and Health covers

by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy

“The net outgo for individual consumers has been reduced for products like Health Insurance, Personal Accident & Travel Insurance, maintaining the same policy coverage and claims servicing standards” Naveen Chandra Jha, MD and CEO, SBI General...
Indian life insurance industry to launch its Rs 450 crore nationwide multimedia campaign on July 2

Indian life insurance industry to launch its Rs 450 crore nationwide multimedia campaign on July 2

by AIP Online Bureau | Jun 28, 2025 | Eco/Invest/Demography, Indian News, Life

Swaminathan S Iyer,  member, Life, IRDAI, will be in Mumbai along with other CEOs of life insurance industry to unveil the multimedia public awareness Initiative for consumer education and action that will continue for couple of years Mumbai: After the Indian general...
Underinsurance Survey 2025: Shifting life insurance trends

Underinsurance Survey 2025: Shifting life insurance trends

by AIP Online Bureau | Mar 25, 2025 | Articles, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy

Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance The survey by Bajaj Allianz Life Insurance, in collaboration with NielsenIQ, reveals a significant shift in life insurance trends, with the average age of first-time buyers dropping from 33 to 28 years. Family...

Bajaj Allianz Life net income jumps 20 pc to Rs 390 crore in FY23

by AIP Online Bureau | Jun 28, 2023 | Indian News, Life

Company’s managing director and chief executive Tarun Chugh said the spike in profit was led primarily by a massive 53 per cent jump in the value of new business premium in the year to Rs 950 crore. In FY22, it stood at Rs 621 crore Mumbai: Bajaj Allianz Life...

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