After encouraging Q4, outlook positive for LIC

India’s largest life insurer, Life Insurance Corporation of India (LIC) reported encouraging performance in the January-March quarter (Q4) of FY24. Total annual premium equivalent (APE) was......

Max Life plans to hire 30K agents, open up to 100 offices in FY25

Max Life Insurance plans to hire 30,000 agents and open 50 to 100 new offices in the financial year 2024-25 (FY25) to drive premium growth, said Prashant Tripathy, managing director and chief......

LIC's VNB margin growth higher than private life insurers in Q3 FY24

State-backed Life Insurance Corporation of India (LIC) recorded strong growth in the value of new business (VNB) margin in the third quarter of financial year 2023-24 (Q3FY24) while major listed......

Multiple headwinds ahead for ICICI Prudential Life Insurance

The ICICI Prudential Life Insurance Company's net premium income in the third quarter (October – December) of the current financial year (Q3FY24) swelled by 4.9 per cent year-on-year (Y-o-Y)......