News
LIC launches special 2-month-long campaign to revive lapsed policies
3+ day, 33+ min ago (219+ words) LIC launches special 2-month-long campaign to revive lapsed policies'MillenniumPost NEW DELHI: Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies This special drive, to be carried…...
Reserve Bank flags high-cost distribution strategies of insurers
4+ day, 23+ hour ago (445+ words) Mumbai: The Reserve Bank has flagged structural pressures in the insurance sector, saying premium growth is being increasingly driven by high-cost distribution-led strategies of insurance companies rather than operating efficiency. While posing no near-term systemic risks, the surface-level stability masks…...