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LIFE INSURANCE SECTOR GROWTH
Life insurance sector outlook remains positive as protection, annuity products drive growth: ReportIndia's life insurance sector is expected to experience significant growth supported by increasing demand for various insurance products. T...- Softbank further trims India exposure, offloads Meesho shares worth Rs 1,885 croreIn the latest transaction, SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Bengaluru-based Meesho, accord...
- General insurers clock 10.5% premium growth in OctoberGeneral insurance companies in India saw a 10.5% increase in gross direct premium income in October. Standalone health insurers also report...
- Softbank further trims India exposure, offloads Meesho shares worth Rs 1,885 crIn the latest transaction, SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Bengaluru-based Meesho, accord...
- Rising middle-class aspirations drive demand, create jobs and fuel economic growth: PM ModiPrime Minister Narendra Modi said rising aspirations among India’s expanding middle class are driving consumer demand, job creation and eco...
- These large-, mid- and small-cap stocks have upside potential of more than 20% in 1 year, according to analystsThe probability of a sharp, damaging downturn now appears low, and the broad direction favours the market. So, the stance should be the sam...
- How US tech pain is European stock markets' gainEuropean stock markets, particularly the STOXX 600, are performing well as tech turmoil affects global markets. This relative stability is ...
- Life insurers thrive on group cover in Oct as retail APE lagsLife insurance firms in India experienced a noteworthy 26% rise in new business premiums year-over-year for October, thanks mainly to robus...
- Neo-middle class driving India’s demand, jobs & economic growth: PM ModiPrime Minister Narendra Modi on Friday said rising aspirations and spending power of India’s expanding middle class are driving demand, cre...
- MSCI rejig: Which stocks may see the biggest inflows & outflows?In a significant update, MSCI has revealed modifications to its indices, impacting several Indian stocks starting November 30. This shift i...
- Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouseFairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine ...
- Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone IdeaIndian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life ...
- US-Iran war to cost Gulf states $790 billion until 2030: Allianz TradeBeyond physical damage to energy infrastructure, the war has affected other sectors like tourism and real estate, which will see slower gro...
- IRDA's new consultation paper proposes major reforms to improve insurance distribution and reduce complaintsIrda's recent consultation paper aims to restructure insurance distributor commissions to enhance market efficiency and penetration. The re...
- Life insurers post 26 pc growth in new business premiums to Rs 42,914 crore in OctoberNew business increased to Rs 42,914 crore in October this year, compared to Rs 34,007 crore in the corresponding month last year, according...
- These 7 private and public banking stocks have an upside of up to 20% in one year, according to analystWhen FPI money returns, there are two parts of the market that tend to draw it first: Financial services broadly, and banks within it. So t...
- Global credit conditions to weaken next year: Moody'sMoody’s Ratings expects global credit conditions to weaken in 2027 as higher financing costs and elevated energy prices create pressure acr...
- LIC expects limited impact from IRDAI's proposed commission cuts, cites lower expense ratioLife Insurance Corporation of India is bracing for new changes set forth by the Insurance Regulatory and Development Authority of India. As...
- NBFCs eye rate hikes, higher fees to offset insurance income hitNon-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...
- 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...
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