Page 3 - Life Insurance

Life insurance premium rates are rising; select one at early age

Narrow down the list of prospective insurers to well-known players having strong claim settlement ratios, then select one offering lowest price

Jigar S Patel of Anand Rathi recommends buying these three stocks today

True to this pattern, Tata Consumer has recently shown a decisive breakout, marked by substantial trading volume.

HDFC Life's Q1 FY25 results: Net profit rises 15% to Rs 479 crore

The value of new business (VNB) of HDFC Life increased 18 per cent year-on-year to Rs 748 crore in Q1FY25 against Rs 610 crore in the corresponding period a year ago

Insurance industry reports premium growth in Q1 FY25 ahead of Budget

State-owned LIC reports robust rise in life insurance business

Buy adequate home insurance to rebuild property in case of monsoon damage

Use carpet as measure area to determine the sum insured

Higher share of Ulips likely to weigh on life insurers' profit margin

Non-life firms to post strong premium growth, benefit from low claims ratio

Life insurance companies' new business premium up nearly 23% in Q1FY25

LIC leads with 28% growth in Q1; private players grow 14.6%

Insurance fraud decoded: How a woman faked death twice to claim Rs 1.1 cr

Life insurance fraud occurs when an insured person or an insurance company alters or provides false information with the goal of financial gain

Ensuring coverage in crisis: Understanding 'waiver of premium' rider

The 'waiver of premium' rider can be purchased at the time of policy inception

Midlife financial planning: Buy deferred annuity plan for assured income

Some portion of retirement savings must also be invested in growth assets and some in liquid ones to meet emergencies

SBI Life, HDFC Life: Analysts pick top insurance stocks after May biz data

Insurance stocks to buy: In the immediate future, analysts said the revised surrender charges regulations, as and when they are announced, will be vital for growth trajectory in FY25

Life insurance industry's new business premium grew 15.5% in May

LIC drives growth with 18.7% rise

30-day free-look period for insurance policies: How to use this effectively

The free-look period has been increased from 15 days to 30 days for new policies issued after April 1, 2024

Listed private life insurers' FY24 margins fell on rise in Ulip share

According to analysts at Motilal Oswal, VNB margins for all life insurance players declined from the previous year due to adverse product mix and pressure on non-par margins

LIC eyes double-digit FY25 premia growth and health insurance foray

Explore stake buy in standalone health insurer

LIC Q4 results: PAT rises 2% to Rs 13,763 cr, total income at Rs 2.5 trn

Insurance behemoth LIC on Monday posted a marginal 2 per cent increase in net profit at Rs 13,763 crore in the fourth quarter ended March 2024. The insurer had earned a profit of Rs 13,428 crore in the corresponding quarter a year earlier. The total income of the insurer during the reporting quarter rose to Rs 2,50,923 crore from Rs 2,00,185 crore in the same period of the previous fiscal, LIC said in a regulatory filing. LIC's income from first-year premium also improved to Rs 13,810 crore in the latest January-March quarter against Rs 12,811 crore in the same period of preceding fiscal. The income from renewal premiums in the reporting period rose to Rs 77,368 crore compared to Rs 76,009 crore a year ago. During the entire financial year ended March 2024, the insurer earned a profit of Rs 40,676 crore as compared to Rs 36,397 crore in the previous fiscal.

AIG to sell 20% stake in Corebridge to Japan's Nippon Life for $3.8 bn

J.P. Morgan Securities advised AIG on the deal, which is expected to close by the first quarter of 2025

LIC gets 3-yr extension from Sebi to achieve 10% public shareholding

State-owned insurance giant now has to meet regulatory requirement on or before May 16, 2027

HDFC Life Insurance declares bonus worth Rs 3722 cr to policyholders

In participating or 'par' policies, life insurance companies share the benefit of profit in the form of bonuses with policyholders

IndiaFirst Life Insurance names Rushabh Gandhi as its next MD & CEO

Financial services veteran will have a 5-year term; incumbent R M Vishakha to retire in June