The life insurance industry saw a 4.8% year-on-year growth in Retail Annualized Premium Equivalent (APE) for December 2024, hindered by a 1...

Private insurers in India saw a significant increase in their weighted received premium (WRP) during August 2024, growing 15% year-on-year....

The life insurance industry experienced significant growth in new business income in August, driven by the state-run Life Insurance Corpora...

Looking ahead, the domestic brokerage firm believes that the forthcoming regulations, such as risk-based solvency and IFRS, are expected to...

Private life insurers in India have strategized to adhere to new IRDAI regulations requiring surrender value from the first year on non-par...

Insurance companies in Mumbai are adapting to IRDAI's directives on surrender values, anticipating an impact on new business margins. Insur...

The regulator issued a master circular, which mandates insurers to pay special surrender value (SSVs) after the first policy year, provided...

Life insurance companies have expressed concerns over proposed regulatory changes that would offer higher surrender values to policyholders...

IRDAI's enhanced surrender charge regulations set surrender value requirements based on policy year. Exposure draft included threshold prem...

The Insurance Regulatory and Development Authority of India (IRDAI) has finalised surrender charges for non-linked or linked life insurance...

The Insurance Regulatory and Development Authority of India (IRDAI) has notified new product regulations that include guidelines for revise...

The new rules would put insurers in a dilemma - they must either lower sales or lower profits to address premature policy closures. If insu...

In this draft circular, the regulator has suggested changes in surrender value rules for non-linked life insurance policies. Under the curr...

Policyholders of life insurance policies can opt for surrendering their policy before maturity, which will pay them a surrender value, cons...

The applications in respect of stock brokers, sub-broker and depository participants would continue to be made through the stock exchanges ...

PSPCL has stated that due to capacity overhang across the country, it may be difficult to sell surplus power outside Punjab.

IRDA said it will not tweak its proposed guidelines on ULIPseven as industry fears that the norms could squeeze their profits in short term.