Budget key trigger for life insurance companies' stocks in near term

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......

New biz premium of life insurers rises 13% in October

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......

Draft DPDP rules: Task cut out for banks as operational challenges loom

The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent,......

No plan to bring clawback clause: LIC

State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any......