Max Financial Services Limited (MFSL) reported an 18 per cent year-on-year growth in consolidated revenue (excluding investment income) at Rs 24,625 crore for the first […]
Tag: life insurance
Bajaj Group finalises Allianz insurance stake acquisition
Bajaj Finserv, along with promoter group entities Bajaj Holdings & Investment Limited and Jamnalal Sons Private Limited, has completed the acquisition of a 23 per […]
Bajaj Finserv rebrands insurance businesses as Bajaj General Insurance and Bajaj Life Insurance
Bajaj Finserv Ltd. has announced the rebranding of its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, marking a major milestone in the […]
PNB MetLife partners with India Post Payments Bank to expand life insurance access
In a major step towards enhancing financial inclusion, PNB MetLife and India Post Payments Bank (IPPB) have entered into a bancassurance partnership to make life […]
Life insurers see little impact from tax sop removal
Life Insurance Corp. of India (LIC) and other life insurers expect the impact of recent tax changes on high-value, non-participating policies to be minimal. LIC […]
Strong season, rush to bag tax sops to lift life insurers in Q4
Favourable seasonality and tax-rule changes pertaining to high-ticket, non-unit-linked savings products from April 1 would have ensured robust sales for Indian insurers in the March […]
Life insurers register 15 pc rise in new biz premium at Rs 24,916 cr in October
The new business premium income of India’s life insurance companies rose by 15.3 per cent to Rs 24,916.58 crore in October 2022, data from the […]
Axis Bank Ltd Looks To Buy Near 10% Stake In Go Digit Life Insurance
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