Life Insurance-companies

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Life Insurance-companies - Total results - 3
Life insurance companies register 11.4% growth in premium income in FY20; LIC logs 22.5% decline
Business

Life insurance companies register 11.4% growth in premium income in FY20; LIC logs 22.5% decline

India's life insurance companies clocked 11.36 percent growth in their collective premium income at Rs 48.26 lakh crore during the fiscal ended March 2020, data from IRDAI showed

All life insurance companies to process coronavirus death claims; force majeure not to be applied: Life Insurance Council
Business

All life insurance companies to process coronavirus death claims; force majeure not to be applied: Life Insurance Council

All life insurance companies have also communicated to their customers individually in this regard.

LIC allows revival of lapsed policy of over 2 years; move aims at improving persistency ratio
Business

LIC allows revival of lapsed policy of over 2 years; move aims at improving persistency ratio

With a view to extend the benefit of continued life cover, LIC approached IRDAI and extended the benefit of longer revival period to even those policyholders who bought policies post-1 January 2014, LIC said.