News
India Life Insurers Hit Record Premiums After GST Exemption
21+ hour, 37+ min ago (286+ words) Whalesbook Record Premiums Fueled by GST Relief India's life insurance industry has set a new record, with New Business Premium (NBP) reaching "4. 60 lakh crore in fiscal year 2026 This marks a significant 16% increase year-on-year, signaling a strong return to double-digit growth…...
Vakrangee, India First Life Team Up for Rural Insurance Boost
1+ week, 4+ day ago (268+ words) Whalesbook Vakrangee and India First Life Partner to Expand Rural Insurance India First Life Insurance, which reported "7, 218 crore in total premiums and "1, 425 crore in individual retail premiums for FY25, is partnering with Vakrangee Limited This alliance aims to significantly expand insurance…...
Life Insurers' FY26: Axis Max Soars, HDFC & ICICI Miss APE Goals
1+ week, 5+ day ago (288+ words) Whalesbook The overall industry's retail APE grew about 12%, but this number hides big gaps between insurers Some met their goals, while others fell short This shows that companies are handling market conditions very differently For example, HDFC Life Insurance saw…...
India Life Insurance: Capped Plans Lag Real Inflation, Experts Warn
1+ week, 4+ day ago (313+ words) Whalesbook Inflation Disconnect: Real Costs Rise Faster Than Headline Numbers While headline inflation in India has stabilized, a closer look shows persistent cost pressures in essential household areas Official consumer price inflation (CPI) was 3. 21% year-on-year in February 2026, up slightly from…...
India Life Insurance Payouts Shift Toward Wealth Goals
2+ week, 2+ day ago (263+ words) Whalesbook Industry Payouts and Financial Strength India's life insurance industry paid out "6. 30 lakh crore in benefits in fiscal year 2024-25, showing the sector's important role in household finances The IRDAI's Annual Report noted that "2. 33 lakh crore of this was from policy…...
Axis Bank Pumps "389 Cr Into Axis Max Life for Growth
2+ week, 5+ day ago (322+ words) Axis Max Life Insurance is set to receive a "389 crore capital injection from Axis Bank through a preferential equity issuance, an investment aimed at fueling the joint venture's growth initiatives and strengthening its market position. Following this capital infusion, Max…...
Indian Insurance Shares Ka Bura Haal: Geopolitics aur Naye Rules ka Pressure!
2+ week, 6+ day ago (287+ words) Whalesbook Pata hai, yeh jo shares giri hain na, uski sabse badi wajah hai Iran-related geopolitics Iski wajah se LIC jaise badi companies ke investment portfolio mein kaafi bada notional loss dikh raha hai Is pressure mein LIC, HDFC Life,…...
Bajaj Finserv Insurance Premiums Rise, Stock Falls on Valuation Worries
1+ mon, 1+ week ago (339+ words) Whalesbook Strong Premium Growth in Insurance Arms Bajaj Finserv announced its insurance subsidiaries, Bajaj General Insurance and Bajaj Life Insurance, achieved substantial premium collections in February 2026 Bajaj General Insurance collected "1, 094. 04 crore in gross direct premiums for February, bringing its year-to-date…...
India Life Insurers: Leaders Soar in February Amid Mixed Results
1+ mon, 1+ week ago (273+ words) Whalesbook Leaders Drive February Growth in India's Life Insurance Sector February 2026 showed varied performance in India's life insurance sector Canara HSBC Life Insurance reported an even stronger showing: premiums rose 52%, and its retail APE grew 61% while total APE increased 51% These…...
ICICI Prudential Life Sees 31. 5% Jump in Sum Assured, Premiums Up 15. 7% in Feb
1+ mon, 1+ week ago (344+ words) ICICI Prudential Life Insurance reported strong February 2026 results, with New Business sum assured soaring 31. 5% year-on-year to "1, 096. 13 billion. New Business premium also climbed 15. 7% to "21. 48 billion, showing healthy policyholder acquisition and income growth. This momentum marks a positive start to the calendar…...