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Air India crash creates rare insurance dilemma: Nominees also among dead

 The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the......

Life insurers may face VNB margin squeeze

 The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life and health insurance from 18 per cent to nil is may weigh on the profits of......

GST rejig helps life insurers' NBP surge 40% in December

 The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual life......

LIC drags new business premiums of life insurers by 5.2 %

 New business premiums of life insurance companies dropped 5.2 per cent year-on-year (YoY) in August to Rs 30,959 crore, owing to a double-digit decline reported by state-owned Life Insurance......

Renewal of life insurers' policies, after 1 year, declines in June quarter

 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). Illustration: Uttam Ghosh......

Top four life insurance companies covered 14 mn fewer lives in FY25

 Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Illustration:......

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