Life Insurance Corporation of India (LIC) has recorded a growth of 16.67% in total premium collected for fiscal year 2022-23, reaching a total of ₹2.32 trillion from ₹1.99 trillion in the previous fiscal year. This makes LIC the largest insurance company in India, with a market share of over 62%. The private insurance sector has…
Discover the power of insurance! Learn what insurance is, its benefits, and explore different types like health, auto, home, life, and disability insurance. Find peace of mind with our comprehensive guide. Introduction (What is Insurance?) Curious about financial protection and peace of mind? Let’s delve into the world of insurance and unravel the layers of…
Discover the transformative impact of life insurance for entrepreneurs. From shielding loved ones to safeguarding businesses, explore the crucial benefits and considerations for business owners. Ensure your entrepreneurial journey is backed by the right life insurance coverage. Entrepreneurs navigate a dynamic professional journey fraught with uncertainties. For them, life insurance isn’t a mere choice; it’s…
Stay updated with the latest insurance news in India as the sector undergoes major reforms, including 100 percent FDI proposals, the launch of Bima Sugam, rising cyber threats, market growth trends, and new consumer-friendly court rulings. Read this detailed, easy-to-understand analysis to stay ahead. Latest Insurance News in India: What’s Changing and Why It Matters…
Insurance is a crucial tool for managing financial risks and providing protection against unexpected losses. Whether it’s safeguarding your health, home, vehicle, or loved ones, insurance offers peace of mind and financial security. In this guide, we’ll explore the fundamentals of insurance, its key components, various types of coverage, and why it is essential in…
International General Insurance Holdings (IGI), a leading specialty risks commercial insurer and reinsurer, has announced a leadership transition. The company’s founder and current CEO, Wasef Jabsheh, will step down, and Waleed Jabsheh, the current president, will succeed him as the new Chief Executive Officer, effective July 1. IGI, registered in Bermuda, operates in various locations…
[ad_1] Air India and its subsidiary, Air India Express fleet, have chosen Tata AIG General Insurance and other insurance companies to offer insurance coverage amounting to $10 billion. The national carrier will be charged a premium of $30 million (Rs 246 crore) for the upcoming financial year starting from April 1, which remains unchanged from…
