Sentences with phrase «life insurance sector»

Much of the growth in life insurance sector is expected to be driven by productivity of agents.

The Term life insurance quotes can be defined as a form of life insurance sector, which is mostly known for offering the best coverage for a particular period of time.

A similar pattern played out across the North American and European life insurance sector.

During the financial year 2014 - 2015, private life insurance sector reported a fall in profits by 2.9 % and the industry insiders consider that it was driven majorly by the lower surrender charges on unit - linked insurance plans (Ulips).

Along with its 7 other bancassurance partners and large distribution network, ICICI Prudential has turned into a formidable player in Indian life insurance sector.

According to an estimate study done by Insurance Regulatory and Development Authority, life insurance sector need an additional capital of Rs 44,500 crore and nonlife insurance sector needs Rs 10,500 crore in the next five years.

Did you know that India has the biggest life insurance sector in the world?

It ranks 16th in India's 24 - player life insurance sector by first - year premium — a gauge of an insurer's ability to win new business — which was about 4.07 billion rupees as of the end of January, according to the Insurance Regulatory and Development Authority.

This is because the U.S. and Canadian life insurance sectors have taken different paths historically, with the American one heading in a decidedly more consumer - oriented direction.

«High competition, strict regulations and a moderate growth outlook make this a tough operating market,» Barclays said in a report on the Indian life insurance sector last month.

Chugh has over 22 years» experience in financial services, including over 12 years life insurance sector.

ICRA, the Financial Sector Ratings Company, predicts Life Insurance sector in India will grow by 12 - 15 % in current FY16.

New India Assurance Company Limited is a wholly owned subsidiary of Indian Government and is a multinational insurance contributor present in 27 countries and a market leader in the non life insurance sector in India based from Mumbai.

With a strong line - up of innovative life insurance products and services, the company has been able to maintain a stronghold in the Indian life insurance sector even with the presence of 22 other life insurance companies.

With 24 insurers, life insurance sector earned a total premium of Rs 19,699 crore in the April — June 2014 - 15.

Edelweiss Tokio Life Insurance, one of the emerging players in the private life insurance sector, has received IRDAI approval for increase of foreign stake holder's share in the company to 49 %.

Did you know that India has the biggest life insurance sector in the world?

A notably strong growth is observed in life insurance sectors of India and China, predominantly.

MetLife is bucking the bearish sentiment on the life insurance sector and expanding in Australia.

Suncorp may offload its life insurance division or switch to selling policies from other insurers as it became the latest financial services giant to be caught up in the turmoil smashing Australia's life insurance sector.

The life insurance sector plays a pivotal role in driving economic growth, financial protection, job opportunities and development of infrastructure in the country.

HSBC would become the third overseas insurer to exit India's life insurance sector in the last year.

The life insurance sector has witnessed an increase in the country in 2015 which has reached 2.72 % from 2.6 % in 2014.

The access to life insurance sector was given to the private life insurers in the year 2000.

The life insurance sector has generated an income of Rs. 3.

India's life insurance sector is the biggest in the world with about 36 crore policies sold, and counting.

Rising awareness and consumer expectations have brought about a revolution in the life insurance sector.

In the life insurance sector, insurance underwriters rely on mortality rates to determine which applicants are a risk worth taking on, and which are not.

The name, monthly income plan, is more of a mutual fund industry parlance, and these types of plans are mostly referred to as monthly guaranteed income plans, assured monthly income plans or monthly pension plans in the life insurance sector.

A committee constituted by the Irdai has suggested host of changes in the life insurance sector, including in the investment norms to improve the returns generated by the funds.

This will not work in the life insurance sector.

Prudential was named to 2016's FORTUNE magazine Most Admired Companies within the life insurance sector, and was named No. 1.

There has been increase in the number of individuals» agents in the life insurance sector.

The company with its innovative ideas has contributed towards the growth and development of the life insurance sector in India and has set a benchmark for its competitors.

It is already running a successful venture in the life insurance sector and now it spreads its wings to cover health insurance too.

With the Insurance Regulatory and Development Authority (IRDA) proposal to invest 25 % of unit - linked investment fund (ULIP) into central government securities, the government will receive a larger pie of the income generated by the life insurance sector.

In fact, ULIP has emerged as one of the strongest contributors to the life insurance sector in the last few years.

These e-insurance services will first be applied to life insurance sector and then will be extended to general insurance sector.

A growth of close to 18 % in First Year Premium (FYP) income is shown by LIC during 2013 - 14 as against 11.57 % growth of the life insurance sector as a whole.

Gurugram, India, 9 Dec, 2016: One of the most surprising news in the life insurance sector is the rate at which State Bank of India (SBI) sold their stake of its life insurance subsidiary.

The award recognizes Bajaj Allianz Life Insurance for Brand Leadership in Life Insurance sector and use of Innovation for deeper market penetration.

A 4.4 % and 0.76 % perforation ratio in life insurance sector and in non-life segment respectively.

According to the GST rules, the value of service on which the GST is levied regarding the life insurance sector shall be accordingly.

Private life insurance companies in India got access to the life insurance sector in the year 2000.

In 2017, the life insurance sector saw Rs. 35 lakh crore assets and the total premium collected was around Rs. 6 lakh.

As per the annual report of the Insurance Regulatory and Development Authority of India (IRDA), life insurance sector was opened up to private insurance companies in the year 2000.

As per the Insurance Regulatory and Development Authority of India, in the last few years, the insurance industry has witnessed positive growth in the general as well as life insurance sector.

There are four bank promoted general insurance companies and nine in the life insurance sector.