Prudential plc and HCL Group are collaborating on a new health insurance joint venture.

Prudential plc and HCL Group are collaborating on a new health insurance joint venture.

by | 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...
According to recent data, the total new business premiums collected by life insurers decreased by 12% in February, with LIC at the forefront of this trend.

According to recent data, the total new business premiums collected by life insurers decreased by 12% in February, with LIC at the forefront of this trend.

by | 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...