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life insurance industry | life insurance policy | Term insurance

Sanjay Kumar Singh  |  New Delhi 



SBI Life takes a lead over ICICI Prudential, HDFC life on key parameters
Insurers have also been tightening their underwriting standards to combat the worse-than-expected mortality experience they have had, compared to their assumptions

Munich Re, the largest reinsurer in the Indian market, has hiked its premiums by 30-40 per cent, according to a recent report in Business Standard. It has informed 8-10 companies about the hike. As a result, premiums are expected to rise. The German reinsurer has also tightened underwriting standards.

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First Published: Fri, October 01 2021. 20:26 IST

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