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......

'Insurance should be bought for right reason'

'We do not believe in fire sale. We don’t do it.' Photograph: Kind courtesy HDFC Life/Instagram Vibha Padalkar, managing director and chief executive officer, HDFC Life, will complete seven......

'Huge demand for life insurance products in India'

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.' Photograph: Kind courtesy LIC......

Life insurers shell out crores as Covid-19 death claims

As of March 25, life insurers have paid Rs 1,986 crore towards 25,500 Covid death claims. Illustration: Dominic Xavier/Rediff.com Life insurers, 24 in total, have spent crores on Covid-19 death......