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'Goal for Axis Max Life Insurance is to become listed entity'

'Ideally, what we target is 35-40 per cent ULIP; 30-35 per cent non-par; 15-20 per cent from par; and the balance we try to do from annuities and others.' Kindly note the image has been published......

'No Plan To Phase Out Old I-T Regime'

'Going forward, the encouragement would be to move to the new tax regime.' IMAGE: Finance Minister Nirmala Sitharaman addresses a post Budget media conference, February 1, 2024. Photograph: Rahul......

Valuations support ICICI Prudential Life despite margin challenges

ICICI Prudential Life Insurance (IPRU) disappointed the market even though some analysts said the Q3FY25 results were in line. Most analysts cut margin estimates. The insurer reported M9FY25......

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on ‘GYAN’ (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the......

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......

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