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ULIP SALES DECLINE
LIC to step up focus on non-par savings, protection productsLife Insurance Corporation of India is enhancing its focus on non-participating savings and protection products. This strategy aims to cont...- Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperformMacquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity press...
- Cooling FD rates spark renewed interest in single premium insurance productsICICI Prudential Life Insurance anticipates a resurgence in single premium product demand as fixed deposit rates soften, enhancing the appe...
- Life Insurers' business growth muted in FebruaryWhile the overall retail APE for the industry rose 10.5% on a year-on-year basis, helped by private players expanding at 18%, LIC's retail ...
- Buy ICICI Prudential, target price Rs 510: Motilal OswalPersistency declined further with 13th/25th month persistency dropping 140bp/170bp QoQ. However, it is recovering and is above the assumpti...
- Neutral on HDFC Life, target price Rs 600: Motilal OswalHDFC Life’s (HDFCLIFE) reported weak business trends with new business APE declined 30% YoY affected by lockdown and weak buyer sentiment t...
- LIC hopeful of crossing new premium target this fiscal: Chairman S K RoyLife Insurance Corporation today expressed hope that it could meet and even better the new premium target set for the current fiscal.
- Return of ULIP era to hurt insurance industry: Reliance Life's CEO Anup RauAs markets gain momentum, investors are again being lured into investing in ULIPs but they may face the heat in case markets fall.
- Life insurers' income falls for first time in a decade; investor indifference to Ulip the main reasonThe slide in Ulip sales and a lack of pension products in the market have had an impact on the industry's total premium income.
- Strict norms on Ulip sales begin to hurt life insurersNew business premium of insurers declines 12.3% YoY in April-May to Rs 12,253 crore.
- Life insurers' new business income drops 12% in AprilGenerally, April is a lean month for the life insurance industry. Most of the sales that happen are in the form of spillovers.
- ULIP business down by 15% during 2010-11: IRDAAmid a row between Sebi and IRDA over control of unit linked products, the ULIP business declined by 15 per cent during 2010-11.
- New policy premium halves for life insurersLife insurers saw premium from sales of new policies decline by half during September 2010 against the previous month.
- Govt's ULIP ruling to hit MFs hardEquity-oriented mutual funds, which are governed by the Securities and Exchange board of India will be affected adversely because of the st...
- Ulips add premium to life insurance renewalsAmidst flat growth in new business, there is good news coming from the life insurance industry.
- NAV of LIC's ULIPs suffer minimal damage in meltdownThe meltdown in equity market has only minimally affected the Net Asset Value (NAV) of ULIP products of Life Insurance Corporation, a top c...
- IRDA likely to prescribe fair share of traditional policies in product mixThe decline in the sales of unit-linked insurance plans policy has prompted the Insurance Regulatory Development Authority to consider maki...
- Street Signs: Rush for Ulips may slow downThe Reserve Bank of India’s (RBI) monetary measures, which have pushed up interest rates and depressed the stock market, will hit sales of ...
- Sale of single-premium policies takes a hitDespite rise in Sensex in recent times, sale of single-premium life insurance products has dipped to abysmally low levels. Investing tips f...
- Sale of single-premium policies takes a hitDespite the phenomenal surge in the Sensex in recent times, sale of single-premium life insurance products, including unit-linked policies ...
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