1+ week, 13+ hour ago   (407+ words) Life insurers in India are contending with over "20,000 crore in unclaimed benefits, a persistent issue highlighting awareness gaps and operational inefficiencies. Despite industry-led initiatives and regulatory drives, the accumulation of these funds suggests deeper systemic challenges. Policyholders and beneficiaries face…...

3+ week, 6+ day ago   (194+ words) Edelweiss Life Insurance Aims for FY27 Breakeven, Projects Double-Digit Growth'Whalesbook Growth Projections Edelweiss Life Insurance is charting a course toward profitability, with Chief Executive Officer Sumit Rai signaling an expectation to achieve breakeven by fiscal year 2027 The insurer anticipates sustained double-digit…...

1+ mon, 2+ day ago   (274+ words) India's life insurance sector saw its strongest monthly growth in December, with new business premiums (NBP) soaring nearly 40% year-on-year. This surge, reaching "42,151 crore, was propelled by improved affordability following Goods and Services Tax (GST) rationalization and robust performances from state-owned…...