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New biz premium rises 23% in Q1

Insurance companies reported nearly 23 per cent growth in first year premium in the first quarter of financial year 2024-25, when compared to the same period last year, with market leader LIC......

Base effect to hit life insurers' March biz

New business premium (NBP) growth of life insurers in March is expected to be weak owing to the high base effect in the year-ago period due to revision in taxation norms for high-value policies,......

Multiple headwinds ahead for ICICI Prudential Life Insurance

The ICICI Prudential Life Insurance Company's net premium income in the third quarter (October – December) of the current financial year (Q3FY24) swelled by 4.9 per cent year-on-year (Y-o-Y)......

LIC's market share drops to 59% till September from 68.7% in a year

The share of Life Insurance Corporation of India (LIC) in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent in September 2023 from 68.25 per cent in......

'Jeevan Kiran offers a risk cover at no cost'

'At the policy's maturity, the total premium is refunded.' IMAGE: Life Insurance Corporation of India Chairman Siddhartha Mohanty. Photograph: Rupak De Chowdhuri/Reuters The Life Insurance......

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Nbp

News for Nbp

New biz premium rises 23% in Q1

Base effect to hit life insurers' March biz

Multiple headwinds ahead for ICICI Prudential Life Insurance

LIC's market share drops to 59% till September from 68.7% in a year

'Jeevan Kiran offers a risk cover at no cost'

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