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Life Insurance Council Of India

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Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

KochharGate: A Litmus Test For CBI

In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry......

'If the government doesn't help, our dreams will collapse'

'Our future is in limbo. The government saved us with Operation Ganga; now, they must save our careers.' IMAGE: Himanshu Yadav, 20, hugs his mother Shudesh at Delhi airport, March 2, 2022. He had......

Full Text: President's joint address to both houses of Parliament

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022. IMAGE: A word cloud of President Ram Nath......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

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......

Meet Nirmalaji's Core Budget Team

The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets. IMAGE: Finance Minister Nirmala Sitharaman distributes halwa......

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......

Life insurance companies clock 25.28% drop in premiums

The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. Illustration: Uttam......

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......

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