4+ hour, 49+ min ago  (340+ words) financialexpress. com Life insurers report weakest growth in over 8 months in May Life insurers recorded 5% growth in new business premium in May, marking the slowest expansion in over eight months as the boost from GST exemption on life insurance policies…...

2+ mon, 6+ day ago  (273+ words) Shriram Life Insurance will seek a one-year forbearance from the mandatory shift to Indian Accounting Standards (Ind AS)-based financial reporting. Irdai has approved its rollout from this fiscal. Managing director and chief executive Casparus JH Kromhout tells Narayanan V…...

3+ mon, 5+ hour ago  (351+ words) Life insurance companies reported an 18% year-on-year growth in new business premiums (NBP) in February at "35, 417. 27 crore, led by strong growth in premium collections by Life Insurance Corporation of India (LIC). The 27-member life insurance industry had reported "29, 986 crore of premiums in…...

7+ mon, 4+ week ago  (349+ words) Despite this pressing need, India remains among the most underinsured countries globally. These facts highlight this starkly: >Total sum assured, i. e. , life protection as percentage of GDP in India is 24% versus 332% in Singapore, about 250% in the USA and Japan and significantly…...

11+ mon, 3+ day ago  (478+ words) In the rush to build wealth, what often gets neglected is your insurance portfolio. If you are like most Indians, you likely bought your first life insurance policy in your late 20s or early 30s. Maybe it was a bundled endowment plan....