News
Life insurers add Rs 10, 000 crore premiums in April-May but policy growth remains muted
7+ hour, 48+ min ago (296+ words) Data from the Life Insurance Council shows that new business premiums rose 19. 4 percent year-on-year to Rs 62, 581 crore during April-May FY27. In contrast, the number of policies and schemes sold increased by just 5 percent to 29. 6 lakh. The gap between premium growth and…...
Industry's term insurance growth surges 30% post-GST 2. 0, ticket size up 15%: Pramerica Life CEO
2+ week, 5+ day ago (696+ words) The life insurance industry has seen a sharp acceleration in term insurance growth after the GST overhaul, with volumes rising around 30 percent and ticket sizes growing by about 15 percent, Pramerica Life Insurance MD & CEO Pankaj Gupta has said. In an…...
Life insurers begin FY27 on strong note, April premium collections jump 39%
4+ week, 11+ hour ago (14+ words) Moneycontrol. com...
Buy Canara HSBC Life Insurance; target of Rs 180: Motilal Oswal
1+ mon, 1+ week ago (222+ words) Moneycontrol. com Buy Canara HSBC Life Insurance; target of Rs 180: Motilal Oswal Canara HSBC Life Insurance (CANHLIFE) witnessed 12% Yo Y growth in APE to INR7b (in line), with 15% Yo Y growth in individual APE. For FY26, APE grew 20% Yo Y to ~INR28b. Contribution…...
Buy SBI Life Insurance; target of Rs 2350: Motilal Oswal
1+ mon, 2+ week ago (176+ words) Moneycontrol. com Motilal Oswal's research report on SBI Life Insurance SBI Life Insurance (SBILIFE) reported 6% Yo Y growth in new business APE to INR57. 5b (in line). For FY26, APE grew 13% Yo Y to INR242. 7b. Absolute VNB declined 2% Yo Y to INR16. 3b (in line), reflecting…...
Mid-sized insurers outpace large peers as life insurance growth slows to 12% in FY26
1+ mon, 2+ week ago (671+ words) In a notable inflection in FY26, mid-sized insurers decisively outpaced their larger peers, steadily cornering a larger share of the pie, according to regulatory provisional data. This trend, according to analysts at Macquarie, points to a structural shift in industry dynamics…...
Jio Financial, Allianz seal 50: 50 general insurance JV
1+ mon, 2+ week ago (372+ words) A complementary check for gaps and risk. Jio Financial Services on April 22 said it has entered into a binding agreement with Allianz Europe to set up a 50: 50 joint venture to foray into India's general insurance space, marking a significant step…...
Buy ICICI Prudential Life Insurance; target of Rs 650: Motilal Oswal
1+ mon, 3+ week ago (218+ words) Moneycontrol. com Buy ICICI Prudential Life Insurance; target of Rs 650: Motilal Oswal ICICI Prudential Life Insurance (IPRU) reported APE of INR38. 3b (6% beat), reflecting growth of 9% Yo Y in 4 QFY26. For FY26, APE grew 2% Yo Y to INR106. 4b. VNB margin for the quarter stood at…...
Buying life insurance? Know the difference between term and traditional plans
2+ mon, 3+ day ago (624+ words) April 07, 2026" 17: 11 IST When people buy life insurance, the first decision isn't about the insurer or the premium. It's about the type of policy. Most options fall into two broad categories: term insurance and traditional life insurance. They sound similar, but…...
Buy SBI Life Insurance; target of Rs 2400: Motilal Oswal
2+ mon, 3+ week ago (11+ words) Moneycontrol. com...