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Indiafirst Life Insurance

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Base effect to hit life insurers' March biz

New business premium (NBP) growth of life insurers in March is expected to be weak owing to the high base effect in the year-ago period due to revision in taxation norms for high-value policies,......

Unclaimed insurance funds higher in agent-sold policies: Analysts

The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from......

Life insurers ramp up presence in Tier-II, Tier-III cities

The overall physical presence of life insurance companies in Tier-II and Tier-III cities increased in FY23 compared to a year ago period on account of the higher impetus given to financial......

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Life insurance companies  reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India’s premiums......

Insurance companies yet to see fire sale of high-value life policies

Many life insurance companies are yet to see a sharp spike in the sale of high-value policies as was widely expected in the aftermath of the government’s decision to tax income from insurance......

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