Mumbai: Life Insurance Corporation of India is identifying and evaluating standalone health insurers to acquire stake in one of these by March 2025, according to MD and CEO Siddhartha Mohanty. We’ll have stake in some standalone health insurer, at least within this financial year,” Mohanty said during the insurer’s earnings call, adding that the process is taking some time due …
The insurance regulator’s December 12 draft on product regulations has led the life insurance industry, which had an annual premium collection of almost ₹7 lakh crore in the financial year 2021-22 to go into a huddle. The Insurance Regulatory and Development Authority of India has taken a baby step to potentially reduce the costs that a policyholder must bear in …
Pramerica Life Insurance Company has announced the introduction of its latest offering, “Pramerica Life Super Investment Plan ”. On the occasion of the launch Pankaj Gupta, MD & CEO, Pramerica Life Insurance, said, “Modern India is aspirational and is looking out for new age life insurance products that support changing lifestyles and aspirations. Pramerica Life Super Investment Plan is designed …