News

Insurance Sector Report - Sector remains amid tailwinds by ICICI Securities HDFC Life/SBI Life/IPRU Life have reported strong performance in 9MFY23 with VNB growth of 22%/40%/23% YoY. Outlook remains optimistic on the back of growth prospects of retail protection, credit protect, non-par products (all have fared good) and sustained increase in persistency. Possible tailwinds from composite license is an optionality that can enhance positive sentiment. While there could be product-specific volatility in demand (as we have seen in ULIPs, retail protection, credit prote...
Insurance Sector Report - Sector remains amid tailwinds by ICICI Securities
Insurance Sector Report - Sector remains amid tailwinds by ICICI Securities
Source: ICICI Securities Ltd
6/03/2023 11:32:14 AM
ICICI Lombard General Insurance gains on launching latest 14 new insurance solutions ICICI Lombard General Insurance Company is currently trading at Rs. 1262.25, up by 2.60 points or 0.21% from its previous closing of Rs. 1259.65 on the BSE. The scrip opened at Rs. 1251.00 and has touched a high and low of Rs. 1268.40 and Rs. 1216.60 respectively. So far 5907 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1674.00 on 22-Sep-2021 and a 52 week low of Rs. 1070.95 on 13-Jun-2022. Last one week hig...
ICICI Lombard General Insurance gains on launching latest 14 new insurance solutions
ICICI Lombard General Insurance gains on launching latest 14 new insurance solutions
Source: Accord Fintech
29/08/2022 11:28:48 AM
Non-life insurers can offer innovative vehicle insurance covers More than two decades after the Indian insurance industry was opened up, the sectoral regulator has allowed the non-life insurers to offer innovative add-on covers on motor insurance policies. The Insurance Regulatory and Development Authority of India (IRDAI) on Wednesday said non-life insurers can offer the following technology enabled concepts on the motor insurance policies covering the vehicles. The new covers on the own damage or vehicle damage portion are: pay as you drive, pay h...
Non-life insurers can offer innovative vehicle insurance covers
Non-life insurers can offer innovative vehicle insurance covers
Source: IANS
6/07/2022 3:58:44 PM
Important Things to Consider Before Choosing Health Insurance Plans     We all want to protect our family’s health at all costs and ensure their well-being. This goal can be largely achieved through family health insurance plans. You can either buy health insurance for every individual or get a family floater plan that covers all under one umbrella policy. But when you are selecting the best medical insurance for you and your family, it is advisable that you invest sufficient time into it. The process of research may be a tedious ...
Important Things to Consider Before Choosing Health Insurance Plans
Important Things to Consider Before Choosing Health Insurance Plans
Source: PNB Metlife
18/03/2022 10:00:10 AM
Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure Health and wealth are two of the most important components of our lives. Any kind of anomaly in the former can take a toll on the latter. As a result, when it comes to healthcare, the monetary aspect takes a backseat even though medical inflation is at its peak in India. However, one of the best ways to get health protection without worrying much about the finances and budget is by purchasing health insurance. Apart from the comprehensive financial safeguard from health emergencies, these hea...
Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure
Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure
Source: PNB Metlife
18/03/2022 9:34:09 AM
India Life Insurance Sector Update - Individual WRP of private players grows ~4% YoY in February 2022 By Motilal Oswal Individual WRP of private players grows ~4% YoY in Feb’22 (twoyear CAGR at ~13%) LIC grows ~8% YoY (two-year CAGR at 9%) in Feb’22; private players’ market share at ~63% over FY22YTD Private players’ individual weighted received premium (WRP) reported a muted growth of 3.7% YoY in Feb’22 (two-year CAGR at 12.9%; +6.9% in Jan’22), while the industry posted a growth of 5.2% YoY (two-year CAGR at 11.3%; +6.9% in Jan’22). In FY22YTD, private players...
India Life Insurance Sector Update - Individual WRP of private players grows ~4% YoY in February 2022 By Motilal Oswal
India Life Insurance Sector Update - Individual WRP of private players grows ~4% YoY in February 2022 By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
17/03/2022 3:38:18 PM
Are You a Working Woman? Here is Why You Need to Invest in a Health Insurance Plan The women of today would make the women of yesterday proud of their accomplishments. Despite having the odds stacked against them, women today are financially independent, empowered, and decision-makers. In the urban cities especially, women are co-income earners and sometimes even the sole income earners of their home. However, the traditional responsibility of managing the household is still viewed as the primary concern of the woman of the house. This is because, in our society, the mal...
Are You a Working Woman? Here is Why You Need to Invest in a Health Insurance Plan
Are You a Working Woman? Here is Why You Need to Invest in a Health Insurance Plan
Source: PNB Metlife
2/02/2022 10:16:16 AM
Know How Effective Stress Management Leads to Good Health It is no secret that chronic diseases and health conditions are on the rise. From young to old, many people are suffering from a range of mental and physical health issues, from depression and anxiety to diabetes and different types of cancer. Moreover, the rising costs of healthcare are adding to the problem, making it difficult to manage these conditions. No wonder good health insurance plans are in demand today!   But have you ever wondered why there is a rapid increas...
Know How Effective Stress Management Leads to Good Health
Know How Effective Stress Management Leads to Good Health
Source: PNB Metlife
27/01/2022 12:26:01 PM
The Various Types Of Life Insurance Life insurance policies are an added security to you and your family in the later years. Given the uncertain times we live in, it is advisable to plan ahead of time and look after the interest of you and your family. There are many types of life insurance available in the market. Your need, requirement and purpose are the deciding factors for you choose an insurance plan. The types of life insurances in India are mentioned below: Term Insurance Plans These are the simplest a...
The Various Types Of Life Insurance
The Various Types Of Life Insurance
Source: PNB Metlife
19/04/2021 1:31:26 PM
Benefits and importance of life insurance policy for women | PNB MetLife The modern women are not merely confined to the four walls of their houses. They have been matching their male counterparts in every profession, be it sports, corporate, legal and even defence services. They are also spearheading their way into becoming the earning members of their family, especially where they are the single child, the elder child or a single mother. Therefore, it is quite natural that their life holds financial value to their family members, which is the primary reason why ...
Benefits and importance of life insurance policy for women | PNB MetLife
Benefits and importance of life insurance policy for women | PNB MetLife
Source: PNB Metlife
30/10/2020 5:43:32 PM
How to get good returns from investments? Why do people invest? Financial investments are important to secure your future against uncertainties and emergencies. Financial investment ensures that you have reasonable savings and are prepared for rainy days. It also helps you inculcate a habit and discipline of saving. You can better control your spending and saving pattern if you have a financial plan and one or more financial goals you are working towards. The whole point of investing is to grow your wealth, so if you find yourself...
How to get good returns from investments?
How to get good returns from investments?
Source: PNB Metlife
30/10/2020 5:36:31 PM
Why Buying Best Life Insurance Policy at Early Age is Important? - PNB MetLife Living Your Life Young and Carefree? Then, you need insurance! Your twenties are full of excitement and new beginnings. You will take up a new job, travel to different places and meet new people. You will also take far more risks whether it’s going skydiving, or blowing up your salary on the trendy new smartphone. When life is this exciting, learning financial discipline typically takes a backseat. However, when you discipline yourself early, your finances will be in good shape for y...
Why Buying Best Life Insurance Policy at Early Age is Important? - PNB MetLife
Why Buying Best Life Insurance Policy at Early Age is Important? - PNB MetLife
Source: PNB Metlife
30/10/2020 5:29:12 PM
Need of Life Insurance Policy at Every Income Level - PNB MetLife Generally our families and loved ones depend on our income to fulfil their dreams and for better financial future. Many a time, we make the mistake of looking at life insurance in isolation which leads to a situation of underinsurance, i.e., the coverage amount not being enough to pay for the day-to-day needs and future dreams of those who rely on us for them. Therefore, in order to minimize the impact of unexpected financial vulnerabilities and fulfill saving goals, life insurance ...
Need of Life Insurance Policy at Every Income Level - PNB MetLife
Need of Life Insurance Policy at Every Income Level - PNB MetLife
Source: PNB Metlife
30/10/2020 4:38:24 PM
How can an insurance policy help protect and bolster your future investments? Have you thought about how your family will continue with their current lifestyle if you were not there tomorrow? Will your spouse be able to pay the children’s school fees? Will your parents be able to get the medical attention they require? If not, its not late even now. The primary reason for investing in an insurance plan should be to ensure that the family income is protected even if something unfortunate were to happen to the breadwinner. With the evolution of the financial servic...
How can an insurance policy help protect and bolster your future investments?
How can an insurance policy help protect and bolster your future investments?
Source: PNB Metlife
30/10/2020 4:35:10 PM
How to secure your child`s future expenses in your budget As parents or parents-to-be, we often find ourselves contemplating over the security of our child’s future. Today, a number of child plans are available to ensure the future of your child is protected and she grows up availing basic necessities of life. Squeezing a child protection policy in our budget can be a task, but with the right insurance policy to suit your budget, one can easily chalk out a child plan in the long run.   Here are ways to buy child insurance in your bu...
How to secure your child`s future expenses in your budget
How to secure your child`s future expenses in your budget
Source: PNB Metlife
30/10/2020 4:30:59 PM
Useful guide for year-end tax planning and tax Savings| PNB MetLife With only a few weeks to go, 2020 is fast approaching. Following close on the heels of the end of the old year is another ending of sorts. Come March 31st, 2020, and you’ll have to bid goodbye to financial year 2019-20. Before the next financial year rolls around, you might want to look at some tax saving tips that can help you with your year-end tax planning. You have until the end of March to make investments or avail loans that you think can help you reduce your tax burden. If you&rs...
Useful guide for year-end tax planning and tax Savings| PNB MetLife
Useful guide for year-end tax planning and tax Savings| PNB MetLife
Source: PNB Metlife
30/10/2020 4:27:12 PM
Secure your family`s future along with benefits on tax savings A Term insurance is the most basic form of security that you can provide your family with, along with the benefit of making tax saving investments. The easiest form of Life insurance, a term plan is a no-brainer when it comes to providing financial security to your family. An online term insurance provides pure risk cover, with relatively low premiums. In case the policy holder expires over the policy term, the fixed sum assured is paid to the beneficiaries as a payout. T...
Secure your family`s future along with benefits on tax savings
Secure your family`s future along with benefits on tax savings
Source: PNB Metlife
30/10/2020 4:22:18 PM