The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26). This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.
IMAGES from the UEFA Champions League matches played on Wednesday
Of the Rs 474.4 crore insurance cover, the largest component -- Rs 375 crore -- has been allocated towards personal accident cover for volunteers.
Images from the Nations League final between Portugal and Spain at Allianz Arena, Munich, Germany, on Sunday.
'The retail industry is still growing in double digits.'
IMAGES from football matches played across Europe on Friday.
Cristiano Ronaldo scored the winner as Portugal fought back to beat Germany 2-1 on Wednesday and reach the Nations League final.
Paris St Germain teenager Desire Doue, who was not even guaranteed a spot in the starting lineup, burst into instant stardom when he lit up the Champions League final as they thrashed Inter Milan 5-0 on Saturday.
The Allianz Group, the German financial services powerhouse, is planning to foray into the booming asset management business in India.
Portugal skipper Cristiano Ronaldo shed tears of joy as they won their second Nations League title on Sunday, insisting that winning trophies with his country beats all club honours.
Wild celebrations erupted across Paris on Saturday, with thousands of soccer fans descending on the boutique-lined Champs Elysees boulevard, after Paris St Germain crushed Italian rivals Inter Milan 5-0 to win the Champions League for the first time.
Some products offer terrorism cover as part of the base offering, while in others it is an optional cover.
Inter Milan manager Simone Inzaghi said he barely recognised his side as they fell to a deserved 5-0 defeat at the hands of Paris St Germain in the Champions League final on Saturday.
Tenants should primarily buy contents insurance. 'This covers personal belongings like electronics, furniture, clothes, and appliances against risks such as fire, theft, floods, and other natural calamities.
'It was tough, but I know that she's involved somehow tonight. Maybe she's cheering me on from up there.'
German insurance giant Allianz is planning to widen base in India with foray in banking business through its unit Dresdner Bank, besides expanding its existing non-banking financial services.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Maternity expenses can be high, with the costs covering everything from prenatal visits to the hospital delivery charges and post-natal care but choosing the right maternity cover can help overcome these issues, says Bhaskar Nerurkar
'Opt for a minimum cover of Rs 10 lakh to Rs 15 lakh, especially in urban and metro areas.'
Paris St Germain's Champions League triumph marked the culmination of a profound transformation, from a club defined by star power to one shaped by structure, tactical clarity and collective belief.
Sky Sports Germany reported that the 38-year-old will miss the Bundesliga club's next four games, including the second leg of the Champions League tie at Leverkusen.
The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Overall, the industry's individual WRP grew 4.8 per cent year-on-year (Y-o-Y); LIC's individual WRP declined 13 per cent while private players saw 11.4 per cent growth.
A summary of Tuesday's Champions League first leg quarter-finals between Arsenal and Real Madrid, and Inter Milan and Bayern Munich.
Bayern Munich crowd favourite Thomas Mueller will leave the German record champions at the end of the season after 25 trophy-laden years.
In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.
A summary of Saturday's action in LaLiga, Bundesliga and Serie A.
Inter Milan missed the chance to go top of Serie A as they fell to a 1-0 loss at Juventus on Sunday.
Allianz said the floods in India, including in the metropolitan cities of Mumbai and Chennai, caused the greatest damage after Hurricane Katrina in the United States.
The Insurance Regulatory and Development Authority of India (Irdai) has asked at least 10 general and life insurance companies to submit a detailed road map for their listing strategies by the end of this month, according to multiple sources with direct knowledge of the matter. "The regulator met four life and six general insurers last month and asked them to provide their listing strategies by the end of February," said one of the sources.
US investment bank Goldman Sachs and German financial firm Allianz are in talks to buy a stake of more than $1 billion in one of China's biggest state-owned commercial banks, a news report said on Monday.
A round-up of Saturday's action in LaLiga, Ligue 1, Serie A and Bundesliga.
The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council, LIC's premium dropped 41.15 per cent Y-o-Y to Rs 13,523.87 crore while private insurers reported 7 per cent growth in NBP to Rs 16,694.85 crore as the industry absorbs the impact of the revised surrender value norms.
Bayern Munich scored either side of halftime through Michael Olise and Harry Kane but had to endure late pressure from hosts Celtic before securing a 2-1 victory
The policy provides a lump sum amount on the diagnosis of the illnesses during the policy term, as well as certain congenital disorders.
