MUMBAI: Life insurers saw new business premiums (NBP) climb more than a fourth in September, pointing to a quick revival in an industry that’s crucial for helping finance long-gestation and capital-intensive assets. In September, NBP of life insurers saw a robust 26.5% increase at Rs 25,366.32 crore against the same period last year, led by … Read more
MR Kumar says the insurance behemoth may bring in outside fintechs and insurance techs to grow scale The productivity of LIC Agents and that of LIC is one of the highest in the industry. You also have the best bancassurance tieup, but you have not managed to capitalise on that.True, this is something we have … Read more
By Siddhartha Singh India is poised to hire Deloitte Touche Tohmatsu India Ltd. and SBI Capital Markets Ltd. to help Life Insurance Corp. of India prepare for an initial share sale, people with knowledge of the matter said. The advisers will help evaluate the capital structure of India’s biggest insurer as well as aid the … Read more