Life Insurance

While large players such as LIC have publicly stated that they can absorb the impact, the broader industry remains wary of margin pressure, evolving cost structures, and potential product-level recalibration

Mahindra’s investment in Manulife insurance JV to be funded via Mahindra Finance dividends, says Anish Shah

The life insurance venture could naturally extend into the general insurance space, which the company plans to evaluate once composite licensing is introduced, CEO Shah has said.

Life insurers’ new business premium rises 12% in October, led by private players

Across categories, individual single-premium rose 6.44 percent year on year to Rs 3,962 crore, while individual non-single premium increased 4.34 percent to Rs 8,871 crore.

LIC’s GST impact under 1%, ITC burden not passed onto agents: CEO Doraiswamy

The insurer expects that exemptions on life insurance products will boost business volumes, support top-line growth, and provide opportunities to optimise expenses

Insurance agents’ plea over commission cuts unlikely to be taken up by GST Council

Insurance agents are seeking intervention from the government after insurers slashed commissions following the GST rate rejig, however, one official said the issue does not warrant council's intervention as the matter is a business arrangement within the industry.

Life insurers' non-par products gain traction in rebalance, but HDFC Life bucks the trend

HDFC Life's non-par share declined sharply to 18 percent in H1FY26 from 32 percent a year ago, a deviation in an otherwise uniform industry tilt toward guaranteed-return products.

ICICI Prudential Life enables premium payments via NBBL Banking Connect

The feature allows policyholders to make premium payments directly through their preferred mobile banking app, without having to log in separately using internet banking credentials

SBI Life Insurance Q2 net profit falls 6.6% YoY to Rs 495 crore; net premium income jumps

SBI Life Insurance Q2 results: SBI Life declares fiscal second quarter financial results. Check net profit, premium income, key ratios, other details

Do you have enough life insurance cover to protect your financial goals?

A policy is only useful if the cover matches your family’s needs — here’s how to know if yours does.

Life insurance vs health insurance: what’s the real difference?

Both cover risks, but one protects your family’s future while the other safeguards you from medical bills.

HDFC Life’s Q2FY26 net profit rises 3% to Rs 448 crore; total premium up 15% YoY

Individual Annualized Premium Equivalent (APE) stood at Rs 6,471 crore, marking a 10 percent rise from Rs 5,864 crore last year

LIC struggles to find growth as its investors grapple with low returns

LIC has taken steps to fix its weak spots by focusing on non-par products and digital channels.

Canara HSBC Life banks on new agency, digital channels for next leg of growth amid IPO launch

No fresh fund infusion planned; insurer to fund expansion through internal accruals, says CEO Anuj Mathur

Should you buy life insurance in your 20s? Here’s how much to get

Life insurance may not appear to be an immediate priority when you're young, but an early start will save you money and provide peace of mind.

JPMorgan raises HDFC Life and GIC to Overweight with higher targets, LIC and SBI Life top picks

With in the non-life insurance space, the note finds more upside potential in the reinsurance sector while India's life insurance plays are poised for a most growth upside among Asia, riding on the demographic dividend.

Insurers, distributors go zero-GST before deadline, but exempt policies will be issued from official date

Policyholders now have to the option to lock in tax savings on new insurance and renewals, with insurers offering the option to buy zero-GST policies ahead of September 22 rollout.

GST cut likely to boost individual protection, but revival will be gradual, say analysts

The effect on volumes, product mix and profitability will depend on how distribution channels adjust, how insurers reprice to offset the loss of input tax credits, and whether employers push individual policies over group benefits.

Motor accident tribunal awards over Rs 2.52 crore compensation to accident victim's family

Presiding Officer Shelly Arora was hearing the claim petition by the family members of the victim, Yaseen Khan, who was run over by a bus while riding a two-wheeler on May 19, 2023.

Despite life insurers’ premium growth of 6% in August, policy sales drop 9%

Premium income for private insurers climbed 10.84 percent to Rs 65,410.42 crore during the period under review, up from Rs 59,013.14 crore last year. LIC, on the other hand, posted a modest 3.02 percent growth, collecting Rs 98,051.09 crore compared to Rs 95,180.63 crore a year ago

GST exemption on insurance: Policyholders might gain despite likely base premium hikes in future

Your guide to decoding the GST exemption on life and health insurance policies

GST relief on health premiums may nudge insurers, companies to revisit India Inc’s employee benefits

With the GST Council continuing to levy 18 percent tax on group health policies, employers may scale back group coverage and shift toward allowances for individual insurance coverage plans.

Insurers expect surge in small-ticket policies after GST cut, bet on higher adoption with affordable premiums

Lower entry costs will encourage first-time buyers to consider insurance policies both in life and general plans, and wider adoption and a large customer base is where we see real growth and potential, say industry leaders.

Insurers' business growth gets a GST booster, but benefits are limited

Higher growth augurs well for life insurers’ future profits and therefore investors are likely to rejoice this move.

No deal signed for health insurance yet, says LIC CEO R Doraiswamy

There is a delay in the deal, as we would like to observe the evolving health insurance market closely before making any definitive move, says Doraiswamy

Angel One enters life insurance space in JV with Singapore's LivWell

Angel One aims to disrupt the life insurance segment through the joint venture, which will be a first in India as a fintech-partnered life insurance business. Angel One said the business is being built for India's 'growing base of digital-native consumers'.