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SBI Life to tap NRIs via SBI's foreign branches

 SBI Life Insurance is in the process of seeking permission from foreign regulators to sell its products to Non-Resident Indians through the overseas branches of the State Bank of India."We have......

Pvt insurers ceded ground in rural areas in FY24; Tier-II,-III saw growth

 The share of life insurance policies sold by top private insurers in the rural areas declined in the financial year 2023-24 (FY24) compared to previous year. Illustration: Dominic......

Valuation boost for SBI Life, ICICI Pru

 SBI Life, ICICI Pru have seen their valuations increase by 33 per cent and 35 per cent recently. SBI Life Insurance has seen its valuation soar after just 3 months while ICICI Prudential's......

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

 Pre-initial public offering (IPO) allotments have lost favour amid buoyancy in the market and increase in average float size this year. Illustration: Dominic Xavier/Rediff.com After hitting a......

Persistency ratio must improve for life insurance customers: India Inc

 In order for life insurance customers to attain maximum benefits, it is crucial for the persistency ratio to be far higher than its current level, top executives of the industry said at the......

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