5+ hour, 58+ min ago  (515+ words) Indian Insurers Brace for Ind AS Shift Amid Growth Projections'Whalesbook...

1+ day, 1+ hour ago  (344+ words) Life Insurers Target Annuities Amid Aging Population'Whalesbook ### The Annuity Pivot Indian life insurers are strategically realigning their product portfolios towards annuity and pension offerings, anticipating long-term growth from a rapidly aging population and a rising need for guaranteed post-retirement income…...

1+ day, 4+ hour ago  (170+ words) SBI Life Insurance has seen its massive income tax demand significantly reduced, from "5317.18 crore to "470.88 crore, following a rectification order for FY 2021-2022. This substantial cut provides much-needed clarity, although the company's appeal against the original order remains active. The reduction…...

3+ week, 5+ day ago  (407+ words) Life insurers in India are contending with over "20,000 crore in unclaimed benefits, a persistent issue highlighting awareness gaps and operational inefficiencies. Despite industry-led initiatives and regulatory drives, the accumulation of these funds suggests deeper systemic challenges. Policyholders and beneficiaries face…...

1+ mon, 2+ week ago  (194+ words) Edelweiss Life Insurance Aims for FY27 Breakeven, Projects Double-Digit Growth'Whalesbook Growth Projections Edelweiss Life Insurance is charting a course toward profitability, with Chief Executive Officer Sumit Rai signaling an expectation to achieve breakeven by fiscal year 2027 The insurer anticipates sustained double-digit…...

1+ mon, 3+ week ago  (274+ words) India's life insurance sector saw its strongest monthly growth in December, with new business premiums (NBP) soaring nearly 40% year-on-year. This surge, reaching "42,151 crore, was propelled by improved affordability following Goods and Services Tax (GST) rationalization and robust performances from state-owned…...