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Life Insurance Companies: Premiums Up 90% On Low Base
Private players' individual weighted received premium (WRP) increased 89.5% YoY in Mar'21 (v/s 23.0% YoY in Feb'21), while the industry posted growth of 121.3% YoY, Motilal Oswal institutional Equities said in a sector report. "This was primarily on account of a ...
Life Insurance Companies Premiums Up 90 On Low Base
Budget 2021: Life Insurance FDI Limit Hiked
The hiking of the FDI limit in the life insurance business from 49 per cent to 74 per cent is a bold move. Mr. Niraj Kumar, Chief Investment Officer, Future Generali India Life Insurance Company says: "The imperativeness of the Life ...
Budget 2021 Life Insurance Fdi Limit Hiked
Standard Insurance Plans For Life And Small Businesses Soon
The Insurance Regulatory and Development Authority of India (IRDAI) is planning to come up with standard products for term plans, dwelling and small & medium enterprises (SMEs) to improve penetration in the industry. Challenges faced due to the economic impact of ...
LIC Launches Revival Campaign For Lapsed Insurance Policies
To help its policyholders continue with risk cover amid the pandemic, LIC (Life Insurance Corp of India) has said that it will provide them with an opportunity to revive their lapsed policies. A special revival campaign has been launched from 10 ...
Lic Launches Revival Campaign For Lapsed Insurance Policies
IRDAI Allows Life Insurance Space To Issue Policies Digitally
Given the current pandemic situation when usual business activity has come to a toss, the insurance regulator on August 4 allowed insurance companies to offer life insurance policies electronically. Until now physical bonds signifying the title to the policy have been ...
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