Search For "life insurance"
HDFC Life sees 100 bps hit on margins from higher surrender value
Updated : 1 year, 9 months ago IST
HDFC Life Insurance Company Limited anticipates an impact of approximately 100 basis points (on a gross basis) on the company's New Business Margin (NBM) after the insurance regulator IRDAI recently maintained surrender value on early exits by policyholders.
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Skip the Tie: Gift Dad Financial Security with Bajaj Markets
Updated : 1 year, 9 months ago IST
Pune (Maharashtra) [India], June 12: Bajaj Markets, a one-stop platform for all things finance, offers a comprehensive suite of products designed to help fathers achieve their financial goals and secure their future. So, this Fathers' Day, skip traditional gifts and give dad something that t
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Pramerica Life Unveils Flexi Income Plan, Enhancing Financial Security for
Updated : 1 year, 9 months ago IST
Gurugram (Haryana) [India], June 12: Pramerica Life Insurance, one of the fastest growing life insurers in India, today announced the launch of its latest offering, the Pramerica Life Flexi Income Plan. This is a Non-Linked Non-Participating Individual Life Insurance Savings Plan designed to
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Max Life achieves highest-ever Claims Paid Ratio of 99.65 per cent in FY24
Updated : 1 year, 9 months ago IST
New Delhi [India], June 11: Max Life Insurance Co. Ltd ("Max Life/ "Company), today announced the settlement of 19,569 individual death claims worth INR 1254.39 crore during the Financial Year 2023-24. With this, the Company has achieved an all-time high individual death claims paid ratio of
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9 in 10 of Indian LGBTQIA+ community prioritize savings over spending for
Updated : 1 year, 9 months ago IST
New Delhi [India], June 8: The flagship study of Max Life Insurance Company Limited (Max Life), the India Protection Quotient Survey (IPQ), in partnership with KANTAR, has revealed insights into the financial preparedness of the LGBTQIA+ community in India from the perspective of life insura
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HDFC Life's Assets Under Management Cross Rs 3 Lakh Crore
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 5: HDFC Life, one of India's leading life insurance companies, announced that it has crossed Rs 3 lakh crore in Assets Under Management (AUM). This milestone reflects the company's consistent growth and commitment to managing its policyholders' assets prude
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Max Life declares its highest-ever PAR Bonus of Rs. 1,826 Crore* for 21 la
Updated : 1 year, 9 months ago IST
New Delhi [India], June 1: Max Life Insurance Company Ltd. ("Max Life" / "Company") has announced its highest-ever participating (PAR) bonus of Rs. 1,826 Crore* for its eligible policyholders in FY23-24. This is the Company's 22nd consecutive annual bonus, ~14% higher* than the bonus declare
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9 in 10 from the Indian LGBTQIA+ community prioritize savings over spendin
Updated : 1 year, 9 months ago IST
New Delhi [India], May 31: The flagship study of Max Life Insurance Company Limited (Max Life), the India Protection Quotient Survey (IPQ), in partnership with KANTAR, has revealed insights into the financial preparedness of the LGBTQIA+ community in India from the perspective of life insura
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Federal Bank and Tata AIA Life Insurance Announce Strategic Bancassurance
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], May 31: Federal Bank, a prominent private sector bank in India, announced a Bancassurance tie-up with Tata AIA Life Insurance Co Ltd, one of India's leading life insurance companies. This strategic alliance aims to provide Federal Bank's customers, access to Tat
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Federal Bank partners with Tata AIA Life Insurance for bancassurance
Updated : 1 year, 9 months ago IST
Private lender Federal Bank has tied up with Tata AIA Life Insurance Co to provide its customers access to the insurance companies' products.
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LIC's digital transformation; sells over 1 million policies through Ananda
Updated : 1 year, 9 months ago IST
The Life Insurance Corporation of India (LIC), the country's largest insurer, achieved a significant milestone with its Agent Assister Ananda App - a digital route to sell policies, selling over 1 million policies during FY24.
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LIC says focusing on strategic interventions including products launch to
Updated : 1 year, 9 months ago IST
Launching new products and diversifying products mix, focusing on digital transformation are among the key focus areas of insurance behemoth Life Insurance Corporation of India (LIC), as per a company regulatory filing. LIC said it now intends to focus on "strategic interventions" to maximiz
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