News
90-year-old allegedly mis-sold life policy with ₹2 lakh annual premium, maturing in 2124; Canara Bank responds
10+ hour, 41+ min ago (608+ words) 90-year-old allegedly mis-sold life policy with "2 lakh annual premium, maturing in 2124; Canara Bank responds'CNBC TV18...
Private life insurers see volume recovery in Q3 as GST exemption lifts demand: PL Capital
1+ mon, 2+ day ago (624+ words) Private life insurers see volume recovery in Q3 as GST exemption lifts demand: PL Capital'CNBC TV18...
LIC Launches Jeevan Utsav Single Premium Insurance Plan from January 12 and Announces Special Revival Campaign
1+ mon, 2+ day ago (385+ words) LIC Launches Jeevan Utsav Single Premium Insurance Plan from January 12 and Announces Special Revival Campaign'CNBC TV18 Life Insurance Corporation of India on Monday informed stock exchanges that it will launch a new insurance product, LIC's Jeevan Utsav Single Premium, with effect…...
RBI flags high insurance commissions as risk to affordability, penetration
1+ mon, 1+ week ago (282+ words) RBI flags high insurance commissions as risk to affordability, penetration'CNBC TV18 The debate around regulating insurance commissions is gathering momentum, with the Reserve Bank of India becoming the latest authority to raise concerns over rising distribution costs in the sector.In…...
TATA AIA AURA: Redefining insurance advisors as India’s next generation of entrepreneurs
1+ mon, 1+ week ago (496+ words) TATA AIA AURA: Redefining insurance advisors as India's next generation of entrepreneurs'CNBC TV18...
New data highlights wide gender gap in India’s life insurance adoption - CNBC TV18
2+ mon, 2+ day ago (644+ words) Aditya Birla Sun Life Insurance reports women make up just 28% of policyholders, with lower average cover than men, highlighting a persistent gender gap in life insurance coverage. Aditya Birla Sun Life Insurance has reported a persistent gender gap in life…...
Bharti AXA rolls out new savings-linked life insurance plan - CNBC TV18
6+ mon, 3+ week ago (287+ words) The Bharti AXA Life Guaranteed Bachat Plan is a non-linked, non-participating savings plan. Buyers can customise policy term, payment term, payout, and rider options. Bharti AXA Life Insurance has launched the Bharti AXA Life Guaranteed Bachat Plan, a new savings…...
Ageas Federal Life Insurance declares all-time high bonus of ₹176 crore for FY25 - CNBC TV18
7+ mon, 4+ week ago (251+ words) This is the 11th consecutive year the company has declared bonuses. Out of the total bonus, "53.43 crore will be distributed as cash and maturity bonuses in FY25. Ageas Federal Life Insurance has announced its highest-ever total bonus of "176.32 crore for the financial…...
Life insurance premiums up 13% in May; private insurers grow 17% - CNBC TV18
7+ mon, 4+ week ago (210+ words) The Life Insurance Corporation of India (LIC) reported an 11% rise in premiums and a 21% increase in total APE. India's life insurance sector recorded a 13% year-on-year increase in premiums in May, marking a rebound after a few subdued months The growth was…...
Axis Max Life Insurance declares ₹2,135 crore bonus for policyholders in FY25 - CNBC TV18
8+ mon, 2+ day ago (242+ words) This marks the insurer's 23rd consecutive annual bonus. The total cumulative bonus declared since inception now stands at "15,847 crore. Axis Max Life Insurance has declared a participating bonus of "2,135 crore for FY202425 Over 21 lakh eligible policyholders will receive the bonus starting July…...