Life Insurance Industry News
A collection of Life Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Term Life Insurance: Affordable Rates for a Set Time
Term life insurance is usually the cheapest way to buy life insurance. Rates remain fixed for the period, or term, you chose, such as 10 or 20 years. Features like renewability and conversion can give you the option to extend coverage. Term life…
ICICI Pru Life Insurance Q1 Profit Surges 28% YoY To Rs 386 Cr
Insurance mammoth ICICI Prudential Life Insurance on Wednesday, July 15, posted a 27.8% year-on-year (YoY) surge in its standalone profit to Rs 386 crore for the quarter ended June in the current year (Q1FY27). According to the Mumbai-headquartered…
HDFC Life Insurance Q1 up 11.5% at ₹611 crore on growth in net premium income
HDFC Life Insurance on Wednesday reported 11.46 per cent year-on-year growth in consolidated net profit at ₹611.19 crore for the first quarter of this fiscal, backed by 15 per cent y-o-y growth in net premium income during the period. The…
Samsung Group to contribute $134.4 mil. to vulnerable households
Samsung Group said Thursday it will contribute 200 billion won ($134.4 million) to the Samsung Miso Financial Foundation to support vulnerable households, as part of its earlier pledge to commit 5 trillion won to social contribution initiatives…
5 Habits To Build Unshakable Confidence In Yourself, By A Psychologist
Genuine self-assurance turns out to have less to do with temperament and more to do with method, and psychologists who study it keep finding the same five methods beneath it. Ask most people to picture a confident person, and they will describe a…
Paytm's Domestic Ownership Rises, Signalling Investor Confidence
Paytm's parent company, One 97 Communications Ltd, has significantly increased its domestic ownership to 51.6% in Q1 FY27, reinforcing its Indian-Owned and Controlled Company status and reflecting strong investor confidence in its profitable growth…
Simple Living, High Thinking': Arnab Opens Up on Nation First, Journalism and the Journey Behind Republic in Bharosa Talks Podcast
For decades, Arnab Goswami has been the one holding the microphone, delivering the firing squad of questions, and making television debates pulsating with energy. But in a rare role reversal, the Republic Media Network Editor-in-Chief finally…
Parents Were Right All Along: The Case for Early Investing
Your parents were onto something when they constantly reminded you to start investing early. While it might have sounded like typical parental advice, the wisdom behind early investing is backed by sound financial logic and the power of…
ICICI Prudential Life Q1 net jumps 28% to ₹386.18 crore
ICICI Prudential Life Insurance on Wednesday reported around 28 per cent year-on-year growth in standalone net profit at ₹386.18 crore for the first quarter this fiscal, as its net premium income grew over 14 per cent y-o-y. The private life…
SBI Funds Management IPO fully subscribed on Day 2 as strong retail and NII demand boosts issue
T he initial public offering of SBI Funds Management fetched 2.77 times subscription on the second day of bidding, led by strong demand from non-institutional investors. The non-institutional investor portion was subscribed 6.58 times, while the…
Cube Highways Trust sets ₹151-152 price band for ₹5,000-crore InvIT IPO
Cube Highways Trust on Wednesday fixed a price band of ₹151-152 per unit for its proposed ₹5,000-crore initial public offering (IPO), with the issue scheduled to open for subscription on July 22 and close on July 24. The offer…
ICICI Lombard Q1 net falls 46% at ₹403.17 crore
Non-life insurer ICICI Lombard General Insurance on Wednesday reported a 46 per cent year-on-year fall in net profit at ₹403.17 crore for the first quarter this fiscal, impacted by a ₹165 crore increase in claim reserves in its motor…
ICICI Lombard shares slump 15% to 52-week low after weak Q1 results trigger brokerage downgrades
ICICI Lombard General Insurance shares slumped nearly 15 per cent on Thursday and hit a fresh 52-week low after the insurer reported weak June quarter earnings and several brokerages downgraded the stock. The stock traded 12 per cent lower at…
IT stocks prop up Nifty at midday; SBI Life, Eternal lead losers
Markets were trading with a modest positive bias at midday on Thursday, with the Nifty 50 holding at 24,123.90, up 45.40 points or 0.19 per cent, and the Sensex at 77,401.12, up 215.69 points or 0.28 per cent, as of 12.55 pm. The indices, however…
Bev Craig's 'radical manifesto' - including more affordable homes
Labour's Bev Craig has set out an ambitious plan in her bid to become the next mayor of Greater Manchester. Launching her manifesto at University Academy 92, near Old Trafford Cricket Ground, the Manchester City council leader said her campaign…
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