Insurance grows 22pc but penetration remains minuscule

The size of paid claims rose from Rs170bn to Rs189bn, of which Rs136bn was paid by life insurance and Rs53bn by non-life insurance companies.As of Dec 31, 2021, the insurance industry had 41 active op…

ICICI Pru Life shares decline 0.49% as Sensex climbs

Earlier, shares of the company saw a gap down opening in the morning.The stock of ICICI Prudential Life Insurance Company Ltd. commands a market value of Rs 75733.83 crore.

LIC raises stake in this Maharatna stock. Do you own?

The state-owned insurer has bought 4,36,07,895 BPCL shares, which is 2.01 per cent of total paid up capital of the oil PSU.The Life Insurance Corporation (LIC) of India has raised its stake in state-o…

Indian shares tipped to open lower as recession risks loom

** India’s Axis Bank said it was looking to buy nearly 10% stake in Go Digit Life Insurance.** Housing Development Finance Corp said HDFC Investments will sell 12% stake in Softcell Technologies.** …

Buying health insurance for your employees

Another merit of a group health insurance cover is faster processing due to absence of medical underwriting.Theyve also given the liberty to the insurance providers to determine the size of the group…

Kyobo Lifeplanet Life Insurance appoints new CEO

Life Insurance CEO Kang Tae-yoon Courtesy of Kyobo LifeplanetLife Insurance has appointed Kang Tae-yoon as the new CEO to lead the company for the next two years.As the CEO of the company, I will foc…