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Insurance
LIC reports the highest new premium business in FY 2022-23
SBI Life Insurance and HDFC Life Insurance occupy the next two spots in terms of new business premium collection.
by
Team Cafemutual
Jul 28, 2023
27% of life insurance agents sell non-life insurance policies
Of the total 26 lakhs life insurance agents, close to 7 lakhs distribute non-life policies.
by
Nishant Patnaik & Riddhima Bhatnagar
Jul 26, 2023
Average health insurance premium increases by 3% to reach Rs.27,219
Average health premium prices increase from Rs. 26,326 to Rs. 27,219 in the last quarter.
by
Team Cafemutual
Jul 25, 2023
Know how much commission your life insurers paid to agents
Of the total Rs 42,146 crore, the insurance industry paid 72% i.e. Rs 30,386 crore to individual agents.
by
Karishma Gagwani
Jul 25, 2023
HDFC Life reports a 15% rise in PAT
The insurer’s AUM crosses Rs 2.5 lakh crore in Q1 FY 2023-24.
Posted on
Jul 23, 2023
Delaying purchase of term insurance can increase premium by over 70% for a 35-year-old
Read on to know the latest findings on term insurance premiums published by PolicyX.Com.
by
Karishma Gagwani
Jul 21, 2023
ICICI Lombard reports net profit of Rs.390 crore in April-June 23
The general insurer saw its profit growing by 12%.
by
Team Cafemutual
Jul 21, 2023
4 out of 10 life insurance agents work with standalone health insurers
Of the 26 lakh life insurance agents, 11.58 lakh agents work with standalone health insurers.
by
Nishant Patnaik & Riddhima Bhatnagar
Jul 20, 2023
This feature allows policyholders to skip term insurance premium payment
Edelweiss Tokio Life has launched a new term plan in which it allows policyholders to skip premium payment for 8 years.
Posted on
Jul 19, 2023
Agents can help flood victims through helpline numbers
IRDAI has asked general insurance and health insurance companies to assist policyholders with 24*7 helpline numbers.
by
Team Cafemutual
Jul 17, 2023
Non-life insurers saw healthy growth in gross premium collection
The industry saw growth of 18% by collecting new business premium of Rs.64000 crore in April-June 2023.
by
Riddhima Bhatnagar
Jul 16, 2023
Life insurers pay 5% of the total premium as commission in FY 2023
The life insurance industry has paid gross commission of Rs.42,000 crore in FY 2023.
by
Nishant Patnaik
Jul 12, 2023
Tata AIA Life launches a ULIP focusing on small caps
The NFO opens on July 10 and closes on July 24.
by
Team Cafemutual
Jul 10, 2023
People do online reading but buy policy through agents: Report
Over 85% purchase insurance through an agent, shows a study released by online insurance broker PolicyBazaar.com.
by
Karishma Gagwani
Jul 10, 2023
Policy servicing and mis-selling are the two major concerns of policyholders
Life insurance companies have received majority of complaints on policy servicing and unfair business practices in FY 2023, shows an analysis of compliant data done by Cafemutual.
by
Karishma Gagwani
Jul 10, 2023
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