Public sector insurer LIC (Life Insurance Corporation of India) posted a net profit of Rs 13,781.59 crore for the quarter ending on March 31, 2024. The company's net profit rose by 4.5 per cent from Rs 13,190.79 crore reported in the same period of the previous fiscal year
Hyderabad (Telangana) [India], May 24: Driven by focussed selling and pan India partnerships, Shriram Life Insurance Company reported impressive earnings for the year ending March 31, 2024, with total new business premium growing by 62% at Rs. 1,871 crore compared to Rs. 1,152 crore last fis
New Delhi [India], May 23: Max Life Insurance Company Ltd. ("Max Life" / "Company") today announced a pioneering partnership with Yuvaa, India's first youth-driven content platform, to launch a multi-part video series focused on India's financial empowerment, with a primary focus on Gen Z. T
Pune (Maharashtra) [India], May 22: Bajaj Markets, a digital financial marketplace, has partnered with Bandhan Life Insurance Limited (Formerly known as Aegon Life). This helps individuals access life insurance plans conveniently on Bajaj Markets.
The Securities and Exchange Board of India (SEBI) has granted an additional three years of time to the Life Insurance Corporation of India (LIC) to achieve 10 per cent public shareholding, the insurance company informed stock exchanges on Wednesday.
Mumbai (Maharashtra) [India], May 11: Motherhood is a sacred journey which demands unwavering strength and resilience. In today's fast paced world, mothers selflessly manage multiple roles with grace, commitment and determination, it is no surprise that they are often seen as an inspirati
Mumbai (Maharashtra) [India], May 3: HDFC Life, a leading insurer in India, has unveiled its latest campaign 'No Jhanjhat Life Insurance Fatafat'. This campaign promises a seamless and swift life insurance purchasing experience, tailored for today's fast-paced world.
Lucknow (Uttar Pradesh) [India], April 29: SBI Life Insurance, one of the most trusted private life insurers in the country, & Lucknow Traffic Police conducted a public awareness drive to highlight the importance of 'protection' and increase helmet adoption in Lucknow city. The awareness
New Delhi [India], April 26: Max Life Insurance Company Ltd. ("Max Life"/ "Company") today unveiled the West zone findings of the sixth edition of its flagship survey, the India Protection Quotient (IPQ)* study, conducted in partnership with KANTAR, the world's leading marketing data and ana
Mumbai (Maharashtra) [India], April 25: HDFC Life, one of India's leading insurers, and Peerless Financial Products Distribution Ltd. (PFPDL) have entered into a corporate agency tie-up. This partnership would enable PFPDL to distribute life insurance products of HDFC Life to its customers.
In the fiscal year 2023-24 (FY24), the non-life insurance industry in India showcased substantial growth, propelled primarily by the health and motor insurance segments, although facing headwinds from declining liability, crop insurance, and credit guarantee sectors.
New Delhi [India], April 16: Max Life Insurance Company Ltd. ("Max Life" / "Company") has scaled a significant business milestone by achieving INR 1.5 Lac crores of Assets Under Management (AUM) as on 31st March 2024, registering over 20 per cent growth rate year-on-year. The achievement, re