Indiafirst Life Insurance

IndiaFirst Life becomes 1st Indian life insurer to start ops in GIFT City

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 ...

We will plan for an IPO at right time, right environment: IndiaFirst CEO

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

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

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

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

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IndiaFirst Life gross premium rises 28% to Rs 5,187 crore in FY22

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

'Earnings growth at risk if Covid cases could continue to rise for long'

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

'Enthusiasm over recent IPOs reflects excess liquidity, improved sentiment'

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

IndiaFirst Life sees 29% rise in individual APEs to Rs 325 cr in September

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

Warburg Pincus may buy Andhra Bank's 20.5% stake in IndiaFirst, says report

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

IndiaFirst Life Insurance eyeing 20% jump in new premium to Rs 7 billion

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

IRDAI's in-principle approval for stake sale in IndiaFirst Life Insurance

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

IndiaFirst Life net up fourth year on the trot, rises 46% to Rs 510 mn

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