The life insurance industry witnessed a decline in new business premiums (NBP) in October 2025, primarily due to the recent Goods and Services Tax (GST) exemption on life insurance premiums.
New Delhi [India], November 10: To expand access to life insurance and drive greater financial inclusion in India, Axis Max Life Insurance Limited ("Axis Max Life" or the "Company"), formerly known as Max Life Insurance Company Limited, today announced a strategic partnership with the Intern
Hyderabad (Telangana) [India], November 10: Shriram Life Insurance Company Ltd. (SLIC) reported a 17% year-on-year growth in Individual New Business Premium (NBP) in H1 FY26, rising from Rs. 542 crore in H1 FY25 to Rs. 635 crore in H1 FY26. In comparison, the private industry grew by 8% duri
Mumbai (Maharashtra) [India], November 4: SBI Life Insurance, one of India's most trusted private life insurers, successfully concluded the Grand Finale of 'IdeationX 2.0', a national platform conceptualised to find innovative solutions for Indian life insurance industry. Pritish Wadhwa, Stu
New Delhi [India], November 4: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, today unveiled the findings of the fifth edition of its annual India Retirement Index Study - IRIS 5.0, conducted in partnership with Kantar, a
Mumbai (Maharashtra) [India], November 3: A Unit Linked Insurance Plan (ULIP) is a financial instrument that strategically combines essential life insurance coverage with market-linked investment growth in a single policy. During periods marked by frequent and rapid changes in financial mark
Hyderabad (Telangana) [India], October 31: Shriram Life Insurance Company has awarded scholarships to 10th class toppers from government schools across 119 assembly constituencies in Telangana for the academic year 2024-25. As part of the scholarship initiative, each constituency topper will
Mumbai (Maharashtra) [India], October 29: Buying life insurance is one of the most important financial decisions a person makes, yet for many, the process often feels complex and time-consuming. Tata AIA Life Insurance Company Ltd. (Tata AIA), one of India's leading life insurers, is changin
Mumbai (Maharashtra) [India], October 29: In a pioneering initiative, SBI Life Insurance, one of the most trusted insurance companies in India, has amplified the message to make breast health 'a living room conversation in every household', on a global stage by setting a GUINNESS WORLD RECOR
Mumbai (Maharashtra) [India], October 27: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹18,349 crores for the period ended on 30th September, 2025 vis-a-vis ₹15,725 crores for the period ended 30th September, 2024. Regular premiu
Life Insurance Corporation of India (LIC) on Saturday termed false and baseless, and far from the truth, the allegations levelled by the Washington Post, which had claimed that the investment decisions of the insurance company are influenced by external factors.
The festive season coupled with the government's recent decision to make health insurance GST-free has provided a strong boost to India's insurance market.