Page 10 - Life Insurance Industry

We will grow in single digits due to coronavirus: Max Life Insurance MD

Prashant Tripathy, managing director and chief executive of Max Life Insurance, spoke to Subrata Panda on how the sector will be impacted, the change in strategy of the company

Insurance industry plans to sell more term products under new tax structure

In the past couple of years, life insurers, mainly private players, have been pushing protection products to improve margins as these term plans enjoy a higher margin

How LIC should be valued

The Life Insurance Corporation differs from its listed peers in a number of ways, and these should be factored into its valuation prior to its proposed initial public offering

Explained: Why life insurance is a must for stay-at-home housewives, too

The spouse's economic value can be arrived at by estimating the cost of outsourcing such services

Life insurers' new premium, led by LIC, jumps 94% to Rs 32,241 cr in June

The country's largest life insurer LIC, which is the only state-owned life insurance firm, witnessed more than two-fold rise in its new premium collection

Life insurance players clocking strong growth in protection policies

The share of these more-profitable products grew by 700 basis points in Q1, a trend analysts see continuing

Insurance companies plan to use blockchain to share customers' medical data

Each player has to know whether particular claims have been received and paid by other companies, and if the customer has been flagged for fraud or violations before

From SBI Life to Max Life, these insurance stocks can secure your portfolio

Better prospects due to faster financialisation of savings and fewer listed players augur well

Life insurers cut fresh exposure in equities by 57% to Rs 16,793 cr in FY17

The number of agents has also marginally gone up, from 20,165 to 20,885 during the year