News
Life insurers" new business grows 15. 7% in FY26 vs 5. 1% in FY25; private players outpace LIC
8+ hour, 5+ min ago (387+ words) India's life insurance sector staged a broad-based recovery in FY26, with new business premiums (NBP) registering a strong double-digit expansion, supported by regulatory normalisation, improved traction across segments, and a sharp year-end push. The momentum was especially visible in March 2026, when…...
Axis Max Life-IFC partner to make life insurance accessible for underserved communities
5+ mon, 1+ week ago (201+ words) To increase access to life insurance and promote greater financial inclusion in India, Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited, today announced a strategic partnership with the International Finance Corporation (IFC). IFC has invested…...
Consumers under 40 delay life insurance as marriage, parenthood come later: Capgemini-LIMRA report
7+ mon, 1+ week ago (331+ words) Consumers under 40 often ignore traditional life insurance plans, citing a mismatch with their life stage, according to the World Life Insurance Report 2026, a joint study by the Capgemini Research Institute and LIMRA. The report shows that, although 68% of adults under…...
Non-life insurance premium growth decelerates despite rising value: Report
9+ mon, 6+ day ago (314+ words) Despite a sustained rise in absolute terms, the growth rate of premiums in the non-life insurance industry has been steadily declining over the past few years, indicating mounting pressure on the sector, a recent report by Care Edge revealed." The…...
Ageas Federal Life Insurance declares record bonus of "176. 32 cr for FY25, up 31% Yo Y
10+ mon, 1+ week ago (302+ words) Ageas Federal Life Insurance, a private life insurer, has announced its "highest-ever" total bonus of "176. 32 crore during the annual valuations for FY25. This is 31% higher compared to the previous fiscal's total bonus of "134. 44 crore. "This significant milestone marks the 11th consecutive year…...