HDFC Life Insurance rises 4% on huge block deal
Abrdn Plc, previously known as Standard Life, was expected to sell 4.3 crore shares in the company through a block deal at a price band of ₹564-578.5 apiece.
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What is a 'zero' cost term plan? Who should buy it?
A significant number of consumers fear that if nothing unfortunate happens, they would be wasting a huge amount towards the premiums paid for term insurance.
Life insurance industry to grow 10.3% annually to $150.6 bn by 2026
Double-digit growth projections for India’s life insurance industry are twice the global average of 5.5%, thanks to increased penetration, regulatory changes, and growing awareness, says GlobalData
Alliances drive financial inclusion in life insurance
Alliances enable companies to leverage strengths, gain insight into the local market place and understand customers better.
The highs and lows in Aegon Life's reinvention
Aegon Life Insurance is now unraveling its tech-enabled journey from the next quarter, adding more digital partners, amassing more business.
Best performing insurers
Covid-19 has managed to boost the awareness and penetration of insurance, giving a leg-up to the industry.
Buy life cover of 10 times annual income
Liabilities and major expenses cannot be ignored while planning for financial emergencies. Inflation impacts quality of living with time.
Insurance sector seeks higher tax deduction u/s 80C, 80D
Currently, all financial purchases are clubbed under the same section 80C for deduction under the income tax, capped at ₹1,50,000.
Life insurance death claims shoot 41%, up 3.5x in 2021
The life insurance industry is likely to post a 200-300% increase in claims this year, hurting the profitability of most insurers.
The resilience of the insurance industry
The path to recovery may not be an easy one, but the industry will continue to play a pivotal role in getting the nation back on its feet.
