Kotak Life Insurance

COVID-19 claims and increased provisioning are the main causes for widening losses, Kotak Life Insurance said.

Kotak Mahindra Life appoints Mahesh Balasubramanian as MD

The appointment is for a period of three years, it said.

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By adding riders, you can increase the benefits of your life insurance policy, avail benefits while you are alive and make up for any kind of loss of income.

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Budget 2017: Annuities sold by insurers should get better tax treatment

Annuity received out of maturity of pension fund under the pension or annuity policy should be exempt from tax under Section 10(10A). Annuity purchased after maturity of pension policies of life insurance companies should be exempt from service tax.

Demonetisation: See mid single digit earnings growth for FY17, says Kotak Life

Post demonetisation the market was expecting an earnings growth of 15 percent for this fiscal, which has now been toned down and one can look at mid single digit growth for FY17, says Hemant Kanawala, Head of Equity at Kotak Life Insurance.

Declining rates, asset sale by cos help corp banks: Kotak Life

On the back of the recent deals made in the Indian space, asset quality of private banks are expected to improve in the coming days, but whether it is a widespread improvement for the whole banking space is yet to be seen, says Hemant Kanawala, Head of Equity at Kotak Life Insurance.

Kotak Life eyes 50% rise in first premium income at Rs 900cr

Kotak Life Insurance, a joint venture between Kotak Mahindra Bank and Old Mutual Life of South Africa, is expecting a 50 percent rise in first premium income at Rs 900 crore this financial year.

Near-term opportunities in bond market

For bond markets it will be time of patience as structural corrections in policy mix can be painful in short-term but comes with larger long term benefits.