Page 10 - Life Insurance

Life insurance business to face some pressure this fiscal: Report

The large private life insurers with a better brand equity and distribution network with innovative approach are better placed for business growth and increasing their market

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

Health insurance premium rise spurs non-life growth, shows data

While insurers have witnessed a jump in health premiums over the last two years, their claims burden has also gone up.

New business premiums of life insurance companies jump 37% in March

In FY22, life insurers post 13% growth in new biz premium, compared with 7.5% growth in FY21

Youth turn smarter on financial planning amid Covid, but gaps remain: Study

They need hand-holding on life and health insurance, and should not lean on social media influencers, who are often neither qualified nor regulated, say experts

Life insurers eye double-digit growth as Covid-19 pandemic pain eases

The new business premia (NBP) of the industry have grown at 8.43 per cent in the first 11 months of the current financial year (FY22)

Market correction a chance to allocate more to equities, albeit gradually

Don't bet excessively on gold based on its recent rally as an early end to the Russia-Ukraine war could bring it to a halt

Investors in life insurance stocks will need to be patient, say brokerages

Long-term story remains good and valuations attractive, but near-term overhangs may keep stock prices subdued

Term insurance ownership has risen to 43% from 36% in two years: IPQ Survey

This indicates consumers are now diversifying their insurance holdings and building a holistic portfolio by investing more in life insurance, including term, market-linked and savings plans

Appoint two-three key people as life policy's nominees, say analysts

Buyers should look it up to see which insurers have been quicker in settling claims.

What does the country's largest IPO of LIC mean for investors and govt?

After two years of preparation, the govt on Sunday approached SEBI to sell 5% stake in Life Insurance Corporation through Initial Public Offering. It expects to collect Rs 60,000 cr through this move

LIC IPO unlikely to take place this fiscal due to delay in valuation

The government is unlikely to come up with LIC IPO in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time

LCI IPO: Valuation delay, likely to push IPO plan beyond FY22

LIC IPO: There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official said

Insurance term prices will continue to rise: HDFC Life's Vibha Padalkar

Company is a steady performer and it is 'comfortably beating' the Sensex's performance, says the top executive.

Buying new policy instead of reviving old one could mean higher premium

But it means avoiding the premiums and interest for lapsed years, so do the math

Top headlines: Nominal GDP growth, Omicron cases, LIC IPO, and more

The Union Budget for FY23 is likely to assume 13-14% nominal GDP growth despite the growing inflationary concerns

Protect yourself from these common mis-selling ploys insurance agents use

An IRDAI report shows that banks and broker channels received more mis-selling complaints than other channels

Life insurers seek separate bucket for premium, tax-free annuity in Budget

The life insurance industry has recommended the government to create a separate bucket for tax rebate under section 80 (C) and make annuity tax-free for the benefit of subscribers

Buying a term plan? Go by hard numbers while selecting a life insurer

Avoid insurers with large difference in claims settled by number of policies and by benefit amount

Ahead of mega LIC IPO, Sebi plans to ramp up senior-level hiring

The hirings follow SEBI processing a record number of applications for initial public offerings last year