by Team Small News | Apr 23, 2025 | HDFC Standard Life, ICICI Prudential Life, Insurance, LIC
The life insurance industry in India has reported a 2% year-on-year increase in first-year premiums for the month of March, with total collections reaching ₹61,439 crore. This growth is a welcome relief after a weak February, which saw a 12% year-on-year decline in... by Team Small News | Mar 21, 2025 | Bajaj Allianz Life Insurance, ICICI Prudential Life, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance
UK-based Prudential Plc has announced a plan to establish a health insurance joint venture with India’s HCL Group. The new business will have Prudential Group Holdings Limited, a UK subsidiary, holding a 70% stake, while Vama, an HCL Group company, will hold the... by Team Small News | Mar 19, 2025 | ICICI Prudential Life, Insurance
ICICI Prudential Life Insurance has launched a new long-term savings product called ‘ICICI Pru GIFT Select’, which offers guaranteed income along with a lump sum maturity benefit. This product is designed to provide financial stability in the face of... by Team Small News | Mar 15, 2025 | Bajaj Allianz Life Insurance, ICICI Prudential Life, Insurance, LIC
New business premiums of life insurance companies in India continued to decline in February, marking the fourth consecutive month of decline since the new surrender value guidelines came into effect in October 2024. The data from the Life Insurance Council showed that...