IRDAI to facilitate lifetime distribution license for intermediaries
With this, intermediaries can opt for perpetual distribution license to sell insurance policies.
by Nishant Patnaik May 28, 2023
HDFC Pension’s AUM cross Rs. 50,000 crore
The company has over 15 lakh NPS subscribers.
by Team Cafemutual May 20, 2023
2.22 lakh new agents join life insurance industry in FY23
HDFC. SBI and Bajaj Allianz overtake LIC to add the highest number of individual agents last financial year.
by Nishant Patnaik May 14, 2023
Life insurers collect 18% more premium in FY 2023
LIC’s premium collection grows 17% whereas private insurers register 20% surge in the new business premium.
Posted on May 12, 2023
IRDAI asks insurers to set up advertisement committee
The committee will review all advertisements and give suitable recommendation.
by Team Cafemutual May 9, 2023
EMIs of loan against life policies cannot be paid through credit cards: IRDAI
However, payment of premium through credit card will continue to exist.
by Team Cafemutual May 8, 2023
ICICI Lombard records net profit of Rs.1730 crore in FY 2022-23
Profit after tax (PAT) grows at 36% last year.
by Team Cafemutual May 8, 2023
