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Insurance Industry India News & Recent Update | IBEF

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Life insurance industry likely to see 14-15 per cent growth: CARE India’s life Insurance Industry is likely to grow at 14-15 per cent per annum, according to CARE Ratings....

IBEF August 02, 2019

SBI Life Insurance's value of new business jumps 49 per cent to Rs 370 crore in Q1 SBI Life Insurance has stated 49 per cent rise in its value of new business (VoNB) to Rs 330 crore (US$ 45.87 million) in the first quarter of FY19-20....

IBEF July 25, 2019

LIC new premium doubles in June; pushes industry collection to Rs 32,241 crore Life Insurance Corporation (LIC) registered more than two-fold rise in its new premium collection to Rs 26,030.16 crore (US$ 3.61 billion) in June 2019....

IBEF July 16, 2019

Relaxing FDI limit in insurance intermediaries to boost distribution: Fitch The Budget proposal of easing foreign investment limit in insurance intermediaries will strengthen distribution capabilities and increase international involvement, particularly from developed markets, as per Fitch Ratings....

IBEF July 16, 2019

Life insurance new biz premium soars over 41% in May Mumbai: New business premium for India's life insurance industry grew 41.15 per cent year-on-year to Rs 28,395.89 crore (US$ 4.09 billion) in May 2019....

PTI June 13, 2019
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