White-collar hiring activities in January witnessed 4 per cent growth driven by traditional sectors, including FMCG, pharma and insurance, according to a report released on Monday. "In 2024, January had greeted us with a disappointing 11 per cent de-growth in hiring. In contrast, 2025 seems to have started on a positive note. The 4 per cent hiring growth is tempered as IT recovery settles in, however, strong growth in most core sectors, including FMCG, pharma, insurance and hospitality is a good sign and augurs well for a cracking 2025 in terms of white collar hiring," Naukri Chief Business Officer Pawan Goyal said in a statement quoting NaukriJobSpeak Index. The report revealed a steady hiring environment with strong performances in core sectors like FMCG (16 per cent), insurance (15 per cent), and pharma (11 per cent), and hospitality by 8 per cent, while IT hiring remained flattish, the report added. The Naukri JobSpeak is a monthly index representing the Indian job market and ..
The plan features flexible maturity income payout options, including tax-free payouts for up to 40 years
Total premiums across all insurance categories reached Rs 11.19 trillion in 2023-24 while insurers paid out Rs 7.66 trillion in claim settlements, Irdai said in its annual report
Net profit of life insurance companies rose by 10.79% Y-o-Y in FY24 to Rs 47,407 crore
Irdai also adopted several measures to reduce existing unclaimed amounts, asking insurers to prompt policyholders to update their contact details at the time of renewal
Despite the fall in number of policies, the new business premiums of life insurers grew in double digits
The management aims for a positive growth trajectory in the par segment and expects strong growth to continue in the non-par segment
LIC's new business premium grew by 12.4 per cent Y-o-Y to Rs 203,69.26 cr
Like in other offerings, customers buying insurance products will also earn NeuCoins, which can then be redeemed across the Tata ecosystem
Endowment is an insurance policy that provides life cover and maturity benefit
De-tariffing and portability are two milestones ahead of the Insurance Act amendment that made health insurance an independent line of business and raised FDI limits to 49%. The first of 2 part column
Revising all the traditional products according to the new surrender value norms and renegotiating terms with the distributors within the timeline is a huge challenge
Narrow down prospective insurers' list to well-known players with strong claim settlement ratios, then select one offering lowest price
This week's newsletter tells readers about the strategy they should follow as life insurance premiums rise and the best pool villas
The expenses of the company rose by 32.8 per cent to Rs 198.53 crore in the quarter under review as compared to Rs 149.47 crore in Q1 FY24
HDFC Life, Bajaj Allianz Life, ICICI Prudential Life, Max Life increase by 4-7%
Tyagi, who currently serves as the deputy MD, joined the company in 2008
Earlier, LIC Chairman Siddhartha Mohanty had spoken about exploring "inorganic" options for the company's foray into the health insurance segment
He joined the firm in 2007 and is currently serving as the Chief Distribution Officer
LIC has an industry leading position despite the aggressive catch up from private competitors