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ICICI Pru Life launches ‘ICICI Pru iProtect Smart Her’ to support Indian women in their financial journey - Cafemutual.com
19+ hour, 37+ min ago (203+ words) ICICI Prudential Life Insurance has launched ‘ICICI Pru iProtect Smart Her,’ offering protection along with health and wellness benefits tailored to different stages of woman’s financial journey, the life insurance company said in a press release. The plan provides a…...
Which life insurers are most dependent on individual agents? - Cafemutual.com
3+ week, 23+ hour ago (361+ words) Our analysis shows that individual agents bring in the most money for life insurers among all distribution channels. They sourced Rs. 87,800 crore out of Rs. 1.84 lakh crore in individual, non-group premiums written in FY26. In contrast, group insurance is sold mainly…...
Life insurance industry gives 7% of premiums as commissions - Cafemutual.com
1+ mon, 2+ day ago (325+ words) A good way to assess commission structure is by looking at commissions as a percentage of premium income collected. Across the life insurance industry, commissions accounted for 6.6% of total premium income in FY26. Against premium collections of Rs. 9.97 lakh crore, insurers…...
Bandhan Life unveils ‘Secure ‘N’ Grow’ combining protection and wealth creation - Cafemutual.com
1+ mon, 1+ week ago (281+ words) Bandhan Life Insurance has introduced Bandhan Life Secure ‘N’ Grow, a new product designed to offer a combination of capital guarantee, life insurance protection and market-linked growth opportunities. The product combines two existing offerings – Bandhan Life iGuarantee Vishwas, a non-linked…...
Here is the claim settlement ratio of life insurers you work with - Cafemutual.com
1+ mon, 1+ week ago (314+ words) Life insurers settled 9.97 lakh of the 10.19 lakh individual death claims they received during the year, resulting in an industry-wide claim settlement ratio of 97.8%. In other words, nearly 10 lakh families received a form of insurance payout after filing a death claim....
RBI flags mis-selling of life insurance policies again - Cafemutual.com
1+ mon, 1+ week ago (282+ words) The Reserve Bank of India (RBI) has raised concerns over rising commission of insurance agents and intermediaries. The central bank warns that higher commission leads to mis-selling of life insurance policies and said that commission income of distributors has grown…...
Generali Central Life Insurance records individual claim settlement ratio of 99.57% in FY26 - Cafemutual.com
1+ mon, 1+ week ago (274+ words) Generali Central Life Insurance records individual claim settlement ratio of 99.6% in FY26 Cafemutual Generali Central Life Insurance records individual claim settlement ratio of 99.57% in FY26 Listen to this article Generali Central Life Insurance has reported an individual death claim settlement ratio of…...
ICICI Prudential Life offers a term life plan with 10-year coverage - Cafemutual.com
1+ mon, 1+ week ago (203+ words) ICICI Prudential Life offers a term life plan with 10-year coverage Cafemutual ICICI Prudential Life offers a term life plan with 10-year coverage Listen to this article ICICI Prudential Life has introduced a new feature of 10 year policy term in…...
FY26: Private life insurers lead commission surge while LIC cuts commission payouts - Cafemutual.com
1+ mon, 2+ week ago (420+ words) A Cafemutual study shows that life insurance industry paid commissions of Rs.66,100 crore in FY26, up 9.6% from Rs 60,300 crore in FY25. However, the growth in commissions has been driven only by private life insurers. While the industry's overall commission payout rose by…...
Tata AIA Life launches a multifactor ULIP - Cafemutual.com
1+ mon, 2+ week ago (140+ words) Tata AIA Life launches a multifactor ULIP Cafemutual Tata AIA Life launches a multifactor ULIP Listen to this article Tata AIA Life insurance has launched a multifactor ULIP - Tata AIA Multifactor Index Fund, said a company press release. The underlying…...