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News
Indian Bank Plans Entry Into Life Insurance And Mutual Fund Sector
2+ min ago (289+ words) Whalesbook Indian Bank is accelerating its diversification strategy by initiating plans to enter the life insurance and mutual fund, or asset management, sectors Management, led by Managing Director and CEO Binod Kumar, has confirmed that the lender is currently preparing…...
Life Insurance Premiums Surge 33% in August 2026
5+ day, 1+ hour ago (286+ words) Whalesbook The Indian life insurance sector has reported a strong performance in August 2026, with total new business premiums (NBP) climbing 33.1% year-on-year to reach â¹41,198 crore This rebound comes after a period where many insurance stocks faced significant price corrections While…...
SBI General Rejects Fire Insurance Price War for Margins
1+ week, 3+ day ago (296+ words) whalesbook.com SBI General Insurance is adopting a defensive strategy in the fire insurance segment, choosing to sacrifice market share rather than match unsustainable pricing trends As some competitors in the general insurance industry have reportedly offered discounts as steep…...
Generali Central Insurance Eyes Regional Health Premiums
2+ week, 3+ day ago (262+ words) Whalesbook Generali Central Insurance, a private general insurer, is exploring a shift in how it prices health insurance policies The company, led by MD and CEO KG Krishnamoorthy Rao, is evaluating a location-based model that would link premium costs directly…...
India Non-Life Insurance Premiums Grow 12% in July (Ex-Crop)
3+ week, 2+ day ago (286+ words) India’s non-life insurance sector grew 12% in July 2026 excluding volatile crop insurance, driven by strong retail health and motor demand. While private insurers and health specialists continue to capture market share from state-run firms, investors should monitor underwriting profitability as medical…...
Indian Life Insurance Premiums Rise 43% Amid High-Value Shift
4+ week, 1+ day ago (266+ words) Whalesbook Life insurance policyholders in India are choosing significantly higher levels of financial protection, according to latest data from the Insurance Information Bureau Between FY2021 and FY2025, the average annual premium per in-force policy increased by approximately 43%, rising from â¹15,567 to â…...
India Life Insurance Surrenders Reach ₹2.8 Trillion, Top Maturity Payouts
4+ week, 1+ day ago (355+ words) Whalesbook The life insurance industry in India faces a structural challenge as policyholders continue to exit their plans before they mature For the third consecutive fiscal year, total payouts toward policy surrenders and withdrawals have exceeded those for maturity benefits…...