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Life Insurance Corporation

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Remove 18% GST on life, medical insurance premium: Gadkari to Sitharaman

Union Minister of Road Transport and Highways Nitin Gadkari has requested Finance Minister Nirmala Sitharaman to withdraw the 18 per cent goods and services tax (GST) on life and medical insurance......

BJP HQ In Mumbai Wears A Deserted Look

Loudspeakers blaring indecipherable music alongside a group of musicians beating drums filled the air outside the BJP headquarters in Mumbai, but party supporters and workers has deserted the......

Life insurers turn to policies with high value

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in......

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......

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......

Life Insurance Corporation goes digital

The largest life insurance provider in the country, Life Insurance Corporation of India is all set for a digital revolution. It is in the final stages of shortlisting companies for the tender,......

Listed private life insurers' FY24 margins fell on rise in Ulip share

All the four listed private life insurance companies recorded a drop in value of new business (VNB) margin in the financial year 2023-24 (FY24) as compared to FY23. Illustration: Uttam......

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