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News
Life Insurers Face Valuation Dip Despite Business Expansion
8+ hour, 49+ min ago (315+ words) Whalesbook The Indian life insurance sector is currently experiencing a unique trend where business growth and stock market valuation are moving in opposite directions While companies like Life Insurance Corporation of India (LIC), SBI Life Insurance, HDFC Life Insurance, ICICI Prudential…...
Government Plans National Cooperative Life Insurance Firm
2+ day, 10+ hour ago (274+ words) Whalesbook The Union government has announced plans to establish a national-level life insurance company focused on the cooperative sector This move is designed to bridge the gap in insurance penetration in India, particularly in rural and semi-urban regions By utilizing…...
Indian Non-Life Insurance Premiums Rise 18% in June 2026
2+ day, 10+ hour ago (263+ words) Whalesbook The Indian non-life insurance sector recorded an 18% year-on-year increase in gross written premiums during June 2026 This data suggests a recovery for the industry following a period of slower growth earlier in the year The primary drivers behind this improvement…...
Bajaj Life Launches ULIP Based on Nifty 200 Value 30 Index
3+ day, 9+ hour ago (272+ words) Whalesbook Bajaj Life Insurance has introduced a new investment option for its unit-linked insurance plan (ULIP) customers called the Bajaj Life Nifty 200 Value 30 Index Fund This fund is currently in its new fund offer period, which began on July 14 and…...
Prudential May Retain ICICI Life Stake Amid Promoter Reclassification
6+ day, 9+ hour ago (225+ words) Whalesbook UK-based insurer Prudential Plc is currently working with the Insurance Regulatory and Development Authority of India (IRDAI) to change its status from a promoter to a public shareholder in ICICI Prudential Life Insurance If approved, this move would allow…...
Life Insurance Surrenders Overtake Maturities In FY26
1+ week, 11+ hour ago (339+ words) Whalesbook The life insurance sector is facing a critical challenge as policyholders increasingly exit their plans before maturity Data from the Reserve Bank of Indiaâs latest Financial Stability Report for FY26 confirms this shift, showing that surrenders and withdrawals accounted…...
Life Insurance Premium Growth Hits 15% In June 2026
1+ week, 6+ day ago (269+ words) Whalesbook This growth was largely supported by a massive 74% year-on-year jump in group business across private insurers, which helped offset more moderate trends in the individual policy segment Private Insurer Performance and Market Trends Private sector players saw their individual…...
Private Life Insurers See 29% June Premium Growth Jump
2+ week, 13+ hour ago (261+ words) Whalesbook Private life insurance companies in India witnessed a notable recovery in June 2026, with the total Annualised Premium Equivalent, a standard metric used to measure new business premium growth, jumping 29% compared to the same month last year This rebound comes…...
Life Insurers See 16% Premium Growth In June 2026
2+ week, 1+ day ago (272+ words) Whalesbook The Indian life insurance sector maintained a positive momentum in June 2026, with the industryâs Retail Weighted Received Premium (RWRP) climbing 16% compared to the same month last year This metric is a key indicator for investors as it measures…...
LIC 61st-Month Policy Persistency Drops to 5-Year Low
2+ week, 1+ day ago (238+ words) Whalesbook Life Insurance Corporation of India (LIC) is facing a decline in long-term customer loyalty as its five-year policy persistency ratios hit a five-year low in FY26 The 61st-month persistency ratio, which measures the percentage of policies remaining active after five years,…...