IndiaFirst Life Insurance

IndiaFirst Life has become the first Indian life insurer to commence operations in Gujarat International Finance Tec City (GIFT City), the company said in a release on Wednesday. The company inaugurated its IFSC Insurance Office (IIO) at the country's international financial gateway on Wednesday, it said. Speaking on the occasion, Managing Director and CEO, IndiaFirst Life, Rushabh Gandhi, said, "We are delighted to be the first Indian life insurance company to commence operations in GIFT City IFSC. Our IIO will offer foreign currency-denominated life insurance solutions to international customers of our partner banks and our preferred broker partners". IndiaFirst Life's IIO will have a dedicated team involving specialists who will cater to the needs of GIFT City's global audience, said the release, adding that the company offers a specially designed ULIP product for global Indians -- IndiaFirst Life Wealth Wise plan. This US dollar denominated plan is ideal for international ...

Gandhi spoke on the insurer's distribution and product portfolio plans which are expected to drive the premium growth of the company

Financial services veteran will have a 5-year term; incumbent R M Vishakha to retire in June

The IPO will consist of a fresh offer of Rs 500 crore and an offer for sale of 141.2 million shares

IndiaFirst Life insurance entered the insurance industry in 2009 as the 23rd private sector life insurance company

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

At Rs 1,345 crore of individual NB-APE, the company is the fastest-growing private life insurer in the country, IndiaFirst Life claimed

Market movement will depend on the extent of the second wave and also the period for which it lasts, says Dr Poonam Tandon of IndiaFirst Life Insurance

Investors should focus on the company prospects, its fundamentals and valuations and not be concerned with primary or secondary issue, says Poonam Tandon of IndiaFirst Life

The firm ended September with a whopping 56% growth when the industry de-grew at 3%

Deal could be valued at Rs 700 cr; Analysts say this could be seen as a direct impact of the recently-announced mega-mergers of 10 state-run banks into four

Company bullish on micro insurance space served by its 'Insurance Khata' Plan

Business Standard sent an email query to Warburg Pincus and will update the article as and when replies are received

This is the fourth consecutive year of declaring profits for the company, since inception in 2009, it said in a release