Life Insurance Industry

Most analysts highlighted that the insurer's ability to sustain margins despite the loss of GST input tax credit was the key takeaway from the Q3FY26 results.

Beware of comparisons with FDs, and demand that all promises be put down in writing

Life insurers saw a 12% YoY rise in new business premium to Rs 34,006.9 crore in October 2025, supported by GST exemption benefits and robust individual and group segment growth

Life Insurance Corporation of India's investment in Adani group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers. In June 2025, a month after USD 570 million (Rs 5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore (USD 750 million) debt investment in Adani's Mumbai International Airport, joined by several leading international insurance firms. Apollo Global Management -- Athene's parent company -- in a statement on June 23 stated that its managed funds, affiliates, and other long-term investors had completed a USD 750 million "investment grade rated financing" for Mumbai International Airport Ltd (MAIL). This was Apollo's second large financing for MIAL, following its previous financing that provided operational flexibility to ...

CEO Rakesh Jain says health segment to rise to 38% of overall portfolio as GST relief boosts demand and retail health gains traction

Private life insurers report strong post-GST growth as customers respond positively to the nil GST regime; term insurance demand surges 2.5x, say ICICI Prudential, HDFC Life

Net profit rises to Rs 447 crore; APE up 8.6% and VNB grows 7.6% even as GST exemption impacts margins and investment income

Commission payouts reduced by 18% as insurers pass GST cut benefits to customers

The company's managing director and chief executive officer Casparus J H Kromhout talks to Shine Jacob about its future, the impact of recent regulatory decisions on business, and the new GST relief

Non-life insurers saw premiums rise 1.6% in August to Rs 24,953 cr as crop insurance weakened; New India Assurance and National Insurance posted strong growth

LIC's weak performance pulls down industry APE growth, while mid-sized private insurers like Axis Max and HDFC Life expand market share

Bima Sugam India Federation said the digital insurance marketplace will launch in phases this year with pilot insurer integrations and gradual customer onboarding

While the GST exemption on health and life insurance premiums will lower costs for consumers, insurers will absorb some impact due to the removal of input tax credit (ITC)

The Married Women's Property Act (MWPA), Section 6 ensures that your life insurance payout is protected. Once tagged under MWPA, the payout bypasses creditors, parents, or anyone else

Axis Max Life Insurance targets 3-5% growth above industry levels in FY26, backed by strong Q1 performance. The company aims to become the third-largest private life insurer in India

LIC posts 5 per cent YoY profit growth in Q1FY26 on muted premium rise; Non-Par share climbs to 30 per cent, VNB margin expands by 150 basis points

LIC may become a composite insurer offering general and health cover once Parliament clears the new policy, but has not finalised a health insurance acquisition plan

Shriram Life Insurance reports Rs 257 crore individual new business premium in Q1FY26, up 21% Y-o-Y, driven by branch expansion, higher ticket size, and rural market focus

Persistency is the proportion of life insurance business renewed from the business underwritten. The ratio is measured in terms of number of policies and premiums underwritten

Shriram General Insurance sees industry-wide difficulty in achieving IRDAI's motor third-party coverage targets and plans premium growth via non-motor insurance push