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life insurance industry
LIFE INSURANCE INDUSTRY NEWS
Life insurance firms’ new business declines 13% in first half of FY24
October 13, 2023 12:36 am
Total premium collection (new business) declined to Rs 158,376 crore during the six months as against Rs 181,976 crore in the same period a year ago.
Life insurers ready to diversify; await Budget for a health cover
January 16, 2023 7:21 am
Allowing composite licenses is going to be a positive step for the industry in case it is implemented, he said at the annual C D Deshmukh Memorial Seminar organised by National Insurance Academy.
Ulips, which once fuelled insurance boom, now lie largely unclaimed
August 28, 2014 12:52 am
At the end of March 2012, unclaimed policies totalled Rs 2,476 crore
LIC's claim settlement better than pvt insurers: Irda
January 02, 2014 3:11 pm
LIC posted claim settlement ratio of 97.73 per cent last fiscal,as compared to 97.42 per cent in 2011-12.
Irda's revised guidelines give new lease of life for insurance companies
December 16, 2013 3:12 am
Twenty four life insurance companies get ready to relaunch over 400 schemes from January.
Total premium collection dips by 3 pct: Life Insurance Council
February 22, 2012 9:23 pm
Life insurance industry witnessed a marginal decline of 3 per cent in the total premium collection at Rs 1,80,240 crore for the period ending December 31,2011.
Drop in ULIP,pension sales hits life insurance business
November 23, 2011 12:47 am
The sharp drop in the sales of unit linked products,especially individual pension products,led to the lacklustre performance by the life insurance industry in the quarter ended September this year
Life cover premiums dip 28% in June quarter
August 23, 2011 12:36 am
The total collection for the industry dropped from Rs 58,559 crore to Rs 55,523 crore.
Life insurers' Q1 premium dips 28%
August 02, 2011 7:37 pm
Life insurance industry had collected premium worth Rs 25,522.2 cr in April-June period of previous fiscal.
Traditional life insurance or ULIPs?
March 21, 2011 12:05 am
What are traditional life insurance plans? Why should I buy a traditional plan? How will I benefit from it?
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