The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. Illustration:......
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025. Illustration: Uttam Ghosh/Rediff.com These......
The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Illustration: Dominic Xavier/Rediff.com Overall, the industry’s......
Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp......
India’s financial sector is dominated by large government-owned and private-sector banks. Photograph: Kind courtesy Bajaj Housing Finance Major players like State Bank of India (SBI), HDFC......