Page 16 of insurance sector

Govt asks LIC to modernise product mix to boost profits

LIC’s standalone net profit in the June quarter jumped to Rs 682.88 crore from Rs 2.94 crore a year before.

October 27, 2022 03:30 IST

Irdai may permit PE funds to promote insurance firms

Irdai has also proposed to amend the existing regulations to provide “fit and proper criteria” for applicants desiring to carry…

October 15, 2022 05:30 IST

Kotak Mahindra Life on course to grow above industry consistently; registers 27 pc growth in first 6-months of FY23

The company is investing in branch expansion and has already opened 65 branches so far this fiscal, taking the total…

October 12, 2022 12:10 IST

Housing.com launches Rent Protect Cover in partnership with Riskcovry

Tenants can get host of benefits for just Rs 99/month. Customers to get rent protection in case of accidental death,…

October 11, 2022 12:40 IST

PSU general insurers, PSU general insurers HI share, PSU general insurers market share

Collective market share of 4 PSU general insurers falls to 32.76% in H1

While market share of Oriental Insurance Company fell 17 bps y-o-y to 6.39%, United India Insurance maintained its market share…

October 10, 2022 05:00 IST

Life insurers, Life insurers new business premium, Life insurance premium growth

Life insurers’ new business premium income grows 38% in H1

New business premium or the first-year premium of 23 private sector life insurance companies for H1 grew 23.29% to Rs…

October 8, 2022 01:45 IST

life insurance, joint life insurance plan, life insurance policies,

Life insurance: Joint life plan ensures financial security for surviving spouse

Maturity claim sum on the homemaker’s life is a big help in old age

October 7, 2022 01:30 IST

Edelweiss General Insurance, digital insurance, Edelweiss General Insurance health segment

Edelweiss General Insurance expects to break even in little over four years: CEO

“I think most companies are taking about eight to nine years to break even…We expect we will be able to…

October 6, 2022 01:15 IST

What is Bima Sugam and who will benefit from it?

Bima Sugam will be a one-stop platform for all insurance needs

Updated: November 5, 2022 12:28 IST

SME Artha 2022: What’s plaguing insurance penetration in India’s MSME sector

Ease of doing business for MSMEs: The general insurance industry in India grew by 5 per cent in 2021, its slowest growth…

October 5, 2022 09:00 IST

Private insurers gain ground

Private insurers have a high share of bancassurance in their channel-wise collection of individual premiums.

September 28, 2022 05:00 IST

Medi Assist signs definitive agreement to acquire Medvantage Insurance TPA

Medi Assist CEO Satish Gidugu said the digital-first service focus at the company has been the cornerstone of its growth…

September 27, 2022 04:05 IST

aviation, aircraft, Airlines, Airports, Aerospace Manufacturing, insurance, civil aviation

Why does aviation insurance require special risk management?

Passengers also have the choice to select insurance protection for their air travels, as all air carriers now offer this…

September 26, 2022 22:45 IST

LIC, LIFE INSURANCE, LIFE INSURANCE COVER, insurance, term insurance plans

Life Insurance: Zero-cost plan is not for everyone

It may be beneficial for those who want the money back if they survive till the end of policy term…

September 23, 2022 06:15 IST

Ageas Federal Life Insurance, Ageas Federal Life Insurance news, Ageas Federal Life Insurance stakeholder

Ageas Federal Life Insurance becomes first life insurer with foreign partner as majority stakeholder

After the acquisition of the additional 25% stake, Ageas’ shareholding in the JV rose to 74% from the earlier-held 49%.…

September 23, 2022 01:45 IST

insurance company, insurance policy, e-insurance policy, insurance policyholders,

Your Money: Benefits of demat insurance policies

With digitised insurance policies, banks will find it easy to give loans against such policies

September 19, 2022 00:45 IST

insurance, insurance purchase, health insurance, insurance product, insurance policies,

Your money: Buying insurance? Do your homework first

Don’t depend on bancassurance staff or agents only. Speak to the insurance firm’s employees to know the nitty-gritties of your…

September 16, 2022 02:00 IST

life insurance, life insurance policies, life insurance 2022, IRDAI

Data Drive: Women and life insurance

Private insurers accounted for 27% of the policies bought by women, while state-owned Life Insurance Corporation accounted for 35%, data…

Updated: September 12, 2022 06:48 IST

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KKR invests afresh in lighthouse; PSP Investments joins in

Business3 hr ago

KKR, a private equity firm, has invested in Lighthouse Learning, with Canadian pension fund PSP Investments also joining as a new investor. KKR plans to use the capital to expand K-12 schools and preschools in key cities. Lighthouse Learning has a workforce of 22,000 and a revenue of Rs 881 crore.

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