Life Insurance

A shift towards protection, traditional savings and annuity products boosts VNB margins for most listed life insurers in H1 FY27, while ULIP contributions moderate at some firms

Swaroop will succeed Tarun Rustagi, who has resigned from the position. Rustagi's last working day will be November 24, 2026

Retail protection growth and a favourable product mix are expected to support life insurers' Q2FY27 profitability, while higher claims ratios could weigh on general insurers.

Bagchi's last working day at ICICI Prudential Life will be October 13; he is expected to be introduced to HDFC Bank investors when it announces Q2 results

The incumbent Anup Bagchi has tendered resignation after HDFC Bank announced his appointment on Thursday as MD & CEO of the bank, effective from October 13, 2026

Brokers say lower payouts may not necessarily translate into cheaper premiums and could instead squeeze servicing economics, trigger consolidation, and weaken insurance distribution

Ajay Seth meets insurers; industry seeks glide path on commissions, differentiated EoM limits

Lenders with multiple insurer tie-ups and incentive-led payouts could face a sharper impact, while L&T Finance is seen as the most exposed among NBFCs

A three-day public sector bank strike at the end of September could reduce life insurers' business through the bancassurance channel by 10-15 per cent, industry officials say

HDFC Life CEO Vibha Padalkar expects growth to return to early teens, with bancassurance, term insurance and non-par products driving expansion

A higher amount can be taken to provide a cushion to those who are likely to become financially dependent on the student in the future

Regulator's action on EOM breaches signals tighter scrutiny of operating and distribution costs, though experts expect limited short-term business impact

More Indians are surrendering their life insurance policies before maturity — and many could be getting back significantly less than they paid.

Life insurance surrenders have surged, with early exits concentrated in the first two years. Why are policyholders leaving policies early despite tighter disclosure and suitability rules?

Bajaj Life Insurance CEO Tarun Chugh topped India's life insurance sector with ₹33.66 crore in FY26 as Irdai tightens scrutiny of executive pay and links incentives to customer outcomes

LIC's value of new business rose 61.3 per cent in the June quarter as a shift towards higher-margin non-participating products supported a sharp margin expansion

Life insurers' new business premium rose 20.7% in July, led by strong growth in LIC's group business and steady expansion by private insurers

Low policy persistency often reflects unsuitable product choices. Careful evaluation of insurance needs, affordability and investment goals can help policyholders avoid lapses and stay invested.

Rising life insurance policy surrenders highlight weak policy persistency, underscoring the need for reforms focused on better products, sales practices and consumer retention

Surrenders and withdrawals accounted for 39% of total benefits paid by life insurers in FY26, overtaking maturity payouts amid rising early exits from long-term policies