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Private players see 6% rise in benefits paid to Rs 1.57 trillion in FY23

The total benefits paid by private life insurance companies to policyholders rose by 5.98 per cent to Rs 1.57 trillion during 2022-23. Illustration: Uttam Ghosh/Rediff.com This figure stood at Rs......

LIC's VNB margin growth higher than private life insurers in Q3 FY24

State-backed Life Insurance Corporation of India (LIC) recorded strong growth in the value of new business (VNB) margin in the third quarter of financial year 2023-24 (Q3FY24) while major listed......

'We've invested in the growth of India'

'We are setting up more branches in more tertiary terms, like tier 2 and tier 3 terms. Going forward, that is where the growth will come.' Uttam Ghosh/Rediff.com Tarun Chugh, managing director......

'We've invested in the growth of India'

'We are setting up more branches in more tertiary terms, like tier 2 and tier 3 terms. Going forward, that is where the growth will come.' Uttam Ghosh/Rediff.com Tarun Chugh, managing director......

High-value insurance policies in the slow lane after tax overhaul

High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year’s Budget.......

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