News
India's insurance premium growth falls to single digits as profitability pressure rises: IRDAI chairman
3+ hour, 31+ min ago (64+ words) CNBC TV18 India's insurance premium growth falls to single digits as profitability pressure rises: IRDAI chairman IRDAI said insurance premium growth has slowed sharply, while insurers continue to face profitability pressure and rising risks in both life and non-life businesses. Please…...
India's life insurers pay "6. 30 lakh crore in benefits in FY25, IRDAI report shows
1+ mon, 1+ week ago (65+ words) CNBC TV18 India's life insurers pay "6. 30 lakh crore in benefits in FY25, IRDAI report shows IRDAI says life insurers paid "6. 3 lakh crore benefits in FY25, mostly planned withdrawals, payouts were 72% of net premiums, solvency and claim settlement ratios stayed strong Please limit your…...
63% of life insurance buyers say agents prioritised commissions over their needs, Upstox study reveals
2+ mon, 2+ week ago (284+ words) CNBC TV18 A study by Upstox has found that 63% of customers believe insurance agents prioritised personal commissions over client requirements, highlighting a widening advice gap in India's life insurance market. The report, titled "India's One-Hour Insurance Problem" and conducted in collaboration…...
90-year-old allegedly mis-sold life policy with "2 lakh annual premium, maturing in 2124; Canara Bank responds
3+ mon, 5+ day ago (608+ words) CNBC TV18...
LIC Launches Jeevan Utsav Single Premium Insurance Plan from January 12 and Announces Special Revival Campaign
4+ mon, 1+ week ago (385+ words) 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 from January 12. In a regulatory filing under Regulation 30 of the SEBI Regulations, 2015, the state-owned…...
Private life insurers see volume recovery in Q3 as GST exemption lifts demand: PL Capital
4+ mon, 1+ week ago (624+ words) CNBC TV18...
RBI flags high insurance commissions as risk to affordability, penetration
4+ mon, 1+ week ago (282+ words) 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 its latest Financial Stability Report, the RBI has flagged…...
TATA AIA AURA: Redefining insurance advisors as India's next generation of entrepreneurs
4+ mon, 2+ week ago (496+ words) CNBC TV18...
New data highlights wide gender gap in India's life insurance adoption - CNBC TV18
5+ mon, 1+ week 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
10+ mon, 1+ day 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…...