AUTHOR

Aathira Varier

All stories by Aathira Varier

'Aim is to double individual first-year premiums in 3 yrs'
Rediff.com27 Apr 2024

'Currently, our individual first premium would be in the Rs 3,000-Rs 3,200 crore range....

'We will grow at about 20% over the next few years'
Rediff.com27 Apr 2024

'Private General insurers are poised to grow at 17 per cent - 18 per cent over the next...

Pricing key challenge for health insurance of older citizens: Experts
Rediff.com23 Apr 2024

The insurance regulator's move to prod insurance companies to sell health products to...

Base effect to hit life insurers' March biz
Rediff.com21 Mar 2024

New business premium (NBP) growth of life insurers in March is expected to be weak...

Medical inflation, high coverage drive up ticket sizes for retail health insurers
Rediff.com13 Mar 2024

The average ticket size of retail health insurance in India has increased by nearly 48...

Unclaimed insurance funds higher in agent-sold policies: Analysts
Rediff.com4 Mar 2024

The unclaimed funds within the life insurance sector are higher from policies sold by...

Credit-deposit ratio inched up in Q3
Rediff.com29 Feb 2024

Credit-to-deposit (CD) ratio of major public sector and private sector banks during the...

Private players see 6% rise in benefits paid to Rs 1.57 trillion in FY23
Rediff.com12 Feb 2024

The total benefits paid by private life insurance companies to policyholders rose by...

LIC's VNB margin growth higher than private life insurers in Q3 FY24
Rediff.com12 Feb 2024

State-backed Life Insurance Corporation of India (LIC) recorded strong growth in the...

Life insurers ramp up presence in Tier-II, Tier-III cities
Rediff.com11 Jan 2024

The overall physical presence of life insurance companies in Tier-II and Tier-III...

RBI's decision on connected lending may curb India Inc's powers
Rediff.com18 Dec 2023

The decision by the Reserve Bank of India to introduce a unified regulatory framework...

Do You Have Cyber Insurance?
Rediff.com15 Dec 2023

Cyber insurance policies cover ransomware attacks and the ensuing damages, including...

Talent Crunch Affects Bank's Cybersecurity Plans
Rediff.com14 Dec 2023

'We are also conducting ongoing training and grooming at the branch level to pre-empt...

Life insurance companies clock 25.28% drop in premiums
Rediff.com8 Dec 2023

The life insurance industry reported a 25.28 per cent decline in new business premium...

LIC is world's fourth-largest insurer: S&P Global
Rediff.com6 Dec 2023

Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest...

RBI's new risk-weight rules likely to spur co-lending by banks, NBFCs
Rediff.com29 Nov 2023

Co-lending deals between non-banking financial companies (NBFCs) and banks are likely...

High-value insurance policies in the slow lane after tax overhaul
Rediff.com28 Nov 2023

High-value insurance policies experienced muted growth in the first six months of the...

Bad air quality may breathe fresh life into health insurance business
Rediff.com14 Nov 2023

General insurance companies are likely to see a surge in demand for health insurance in...

LIC's market share drops to 59% till September from 68.7% in a year
Rediff.com10 Oct 2023

The share of Life Insurance Corporation of India (LIC) in monthly new business premium...

Debit card usage slow for three years and UPI transactions up 428%
Rediff.com11 Sep 2023

Debit card payments remained sluggish due to the surge in digital transactions after...