Life Insurance

Distributor commission revamp could raise policyholders' returns: Experts

Industry executives say revising life insurance distributor commissions could improve policyholder returns by lowering acquisition and operating costs, even if premiums remain unchanged

Don't see major impact of proposed mis-selling norms: Axis Max Life MD, CEO

Sumit Madan talks about RBI's proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm's business plans going forward, among other issues

RBI's proposed mis-selling norms may hit credit life business of insurers

RBI's draft rules on bundling and consent could dent credit life insurance and bancassurance income, though insurers say overall impact will be limited

Life insurance premiums jump 21.5% in Jan; non-life insurers up 15%

Both life and non-life insurers reported strong January premium growth, supported by a favourable base effect and the GST exemption on individual life and health insurance premiums

Systematix sees life insurance sector to gain post-GST cut; check top picks

The recent GST exemption on individual life insurance policies has emerged as a strong structural tailwind for the sector after a prolonged period of regulatory headwinds

ULIP traction rises in Q3FY26 as equity markets outperform year-ago period

Private life insurers reported stronger demand for ULIPs in Q3FY26 as equity markets gained sharply. Customers also shifted towards higher sum assured plans with protection-linked riders

Promoters of Pramerica Life Insurance look to sell their major stake

Promoters of Pramerica Life Insurance are in talks with multiple insurers to sell their entire stake, amid losses and constraints on fresh capital infusion

Axis Max Life, Max Financial boards give in-principle nod to amalgamation

Axis Max Life Insurance and Max Financial Services boards have given in-principle approval for their amalgamation, subject to regulatory and shareholder clearances

Canara HSBC Life Insurance Q3 profit slips 5.7% on higher expenses

Canara HSBC Life Insurance reported a modest decline in December-quarter profit as higher operating and commission expenses offset strong growth in premium income, APE and value of new business

Lapsed life insurance explained: What happens and how to restore your cover

Learn how grace periods, reduced paid-up options and revival rules work

Number of life insurance policies surge to 18.4 million in April-Dec FY26

Policies sold by public sector LIC slipped by 0.50 per cent YoY to 11.67 million, while policies sold by private life insurers grew 5.74 per cent annually to 6.82 mn

Insurers approach Irdai over common directorship rule in new Bill

Insurance companies have sought clarification from Irdai on a provision barring directors from holding board roles across insurers, banks and investment firms, citing governance and compliance concern

Life insurance mis-selling: Review benefit illustration, premium table

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

Cap or stagger distributor payouts: Life Insurance Council committee

RBI has flagged high expense structure, particularly acquisition costs of insurance companies, in its recent report

LIC launches special campaign to revive lapsed life insurance policies

Campaign running from January 1 to March 2, 2026, allows revival of lapsed individual policies with concessions on late fees, aimed at restoring insurance cover for policyholders

Insurance industry claims rise in FY25 on higher life, general payouts

Claims paid by the insurance industry increased in FY25, led by a rise in life insurance death claims and higher net incurred claims reported by general insurers across segments

Misselling grievances against life insurers up 14% in FY25, says Irdai

Mis-selling complaints against life insurers rose over 14% in FY25 even as total grievances dipped marginally, prompting Irdai to flag concerns and seek corrective action

Term insurance: Marriage, childbirth, loans are triggers to raise cover

Experts say term insurance must be reviewed annually as income, liabilities and family responsibilities evolve, with life events often necessitating higher protection

Life insurance industry to grow 8-11% in FY26, FY27, says CareEdge Ratings

CareEdge expects life insurers to sustain 8-11 per cent growth over the next two years, but warns investors not to overread past trends as margins may face near-term pressure from reforms

Ageas Federal Life Insurance aims 3x premium growth by FY28: CEO Gomes

Company is open to exploring non-life opportunities once composite licence is approved by Parliament