Latest News on Life Insurance
Showing of 0 - 10 from 85 results
Life Insurance - Total results - 85
Mar 18, 2019
Bharti AXA Life's premium grows 28% in 9 months of current fiscal; to focus on tier 2, 3 cities to expand businessBharti AXA Life Insurance, a joint venture between Bharti Enterprises and French insurance major AXA, saw its asset under management grow to Rs 5,264 crore as on 31 December, 2018 from Rs 4,215 crore on 31 December, 2017.
Mar 14, 2019
Life insurers register 33% growth in new premium income at Rs 18,209 cr in February, IRDAI data showsIndia's life insurance industry witnessed a rise of 32.7 percent in its collective new premium income at Rs 18,209.50 crore during February 2019, data from IRDAI showed
Feb 21, 2019
Only 21% of life insurance holders have term insurance; 53% unaware of this cover, benefits: SurveyThe survey showed that while 65 percent of respondents owned life insurance, the percentage of term insurance owners was a paltry 21 percent.
Jan 30, 2019
Postal dept to spin off life insurance business into separate unit, says communications minister Manoj SinhaThe postal department plans to spin off the postal life insurance and rural postal life insurance operations into a separate business unit (SBU) for which it has moved a Cabinet note, Communications Minister Manoj Sinha said on Wednesday
Jan 28, 2019
Policybazaar aims to collect Rs 3,500 crore premium in FY19; firm to continue to create awareness on protection productsPolicybazaar.com became the first internet-based company in India to turn profitable on yearly basis from among the startups that have emerged in the last decade in FY17.
Jan 25, 2019
Insurance penetration in India grows just 1% in last one and half decade; These six charts explain whyDespite healthy growth, India’s share in the global insurance market was meagre 2.0 percent during 2017
Jan 22, 2019
Insurance sector to witness strong growth on robust GDP expansion, evolving regulatory regime: Moody'sDuring fiscal 2018, total gross premiums for the non-life and life insurance sectors grew 11.5 percent to Rs 6.1 lakh crore ($94 billion), bringing the 5-year compound annual growth rate (CAGR) to 11 percent.
Jan 10, 2019
Finance Minister should consider liberalising Section 80C, and increase tax exemption limitSenior citizens have their own geriatric needs. Unfortunately, section 80C doesn’t cater to them.
Dec 30, 2018
Indians see life insurance as the handiest instrument for planning life goals: SurveyLife insurance is the top instrument for life goals such as building a house.
Dec 22, 2018
Odisha govt announces Rs 10,000 crore KALIA scheme for farmers' development; CM calls Congress' farm loan waiver promise 'ridiculous'Odisha chief minister Naveen Patnaik said that Congress' farm loan waivers may help a section of the farmers, but the KALIA scheme will cover 92 percent of cultivators of the state.