Insurance Regulatory and Development Authority of India (IRDAI) has unveiled its ambitious 'Bima Trinity' plan at the 9th edition of Bima Manthan, its quarterly meeting with insurance company CEOs.
TATA AIA Life Insurance has introduced the Smart Pension Secure Plan, an innovative unit-linked pension plan (ULIP) designed to meet the evolving retirement needs of modern professionals and digital-savvy consumers.
ICICI Prudential Life Insurance has introduced 'ICICI Pru Wish', a health product catering to women's specific critical illnesses and surgeries.
The life insurance sector in India posted a robust 19.9% year-on-year (y-o-y) growth in Annual Premium Equivalent (APE) in November, significantly higher than the 10.6% growth recorded in October 2024, data from the Life Insurance Council showed.
Tata AIA Life Insurance has launched the Tata AIA Nifty Alpha 50 Index Fund, an open-ended New Fund Offering (NFO) with an alpha investing strategy to benefit from potential growth while securing their loved ones with the protection of a life insurance cover, through its unit-linked insurance products.
Tata AIA Life Insurance (Tata AIA) has launched its offshore branch at Gujarat International Finance Tec-City (GIFT City), India's first International Financial Services Centre (IFSC). It allows the company to offer US Dollar-denominated life insurance products to Non-Resident Indians (NRIs) through its dedicated website.
SBI Life Insurance, one of India's most trusted life insurance companies, has partnered with the Paralympic Committee of India (PCI) as a Gold Sponsor for the Paris 2024 Paralympic Games starting on 28th August 2024 in Paris.
Life Insurance Corporation of India (LIC) has launched a new plan called LIC's Digi Term for online customers and LIC's Yuva for offline customers. It is a non-par, non-linked, life, individual, pure-risk plan that provides financial protection to the insured's family in case of his/ her unfortunate death during the policy term.
Tata AIA Life was ranked sixth in the Global Million Dollar Round Table (MDRT) rankings for 2024.
India's top life insurer, Life Insurance Corporation of India (LIC) has partnered with strategy consultant A T Kearney to undertake an agency transformation project aimed at future-proofing its 1.4m agents to meet the rapidly evolving needs of customers.
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