Sentences with phrase «sector life insurers»

The private sector life insurers have paid 57.35 per cent higher death claims during the quarter at Rs 321 crore, as compared to Rs 204 crore the same quarter last fiscal.

After facing tough competition from private sector life insurers, LIC has started gaining market share.

However, private sector life insurers are not very upbeat about the decision, pointing that other avenues such as listing are available to raise capital.

Life Insurance Corporation of India, the leading public - sector life insurer in India, has invested an equivalent of Rs. 2750 crores in shares of leading Indian public sector banks.

MetLife India Insurance today became the first private sector life insurer to provide guaranteed monthly income along with other regular benefits like tax incentives and bonuses with the launch of Met Monthly Income Plan.

Private sector life insurer, IndiaFirst Life Insurance today said it has settled claims amounting to Rs 161 crore and supported around 8,000 families under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme so far.

At a private sector life insurer, we ran into the odd situation of inconsistent exclusions in the base term insurance policy and the accidental death rider.

Not exact matches

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.

That makes contagion risk larger for banks than life insurers — banks often have more investments across the financial sector than insurers do.

In a segment which is equally divided between public sector undertakings and private insurers, it competes with general and life insurance companies and standalone health insurers like Star Health and Allied Insurance and Max Bupa.

Private sector general insurers are more upbeat than life insurers.

Since then, 22 of the 23 private life insurers have tied up with overseas partners, while most of the 24 private sector general insurers have foreign equity.

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

* While private - sector insurers posted 1.4 per cent decline in their premium income, Life Insurance Corporation recorded 13.5 per cent growth during the period

The IRDAI report also showed the private insurer emerging as the private sector life insurance leader in terms of payment percentage, which stood at 96.03 %.

Life Insurance Corporation of India, the leading government - owned life insurer in India, is all set to buy additional stake worth Rs. 178 Crores of Oriental Bank of Commerce, a leading public - sector bank based out of Gurgaon, InLife Insurance Corporation of India, the leading government - owned life insurer in India, is all set to buy additional stake worth Rs. 178 Crores of Oriental Bank of Commerce, a leading public - sector bank based out of Gurgaon, Inlife insurer in India, is all set to buy additional stake worth Rs. 178 Crores of Oriental Bank of Commerce, a leading public - sector bank based out of Gurgaon, India.

Reliance Life Insurance is today counted among the top 5 life insurers in the sector in context of the Weighted Received Premium (WRP) and new business Life Insurance is today counted among the top 5 life insurers in the sector in context of the Weighted Received Premium (WRP) and new business life insurers in the sector in context of the Weighted Received Premium (WRP) and new business WRP.

The Life Insurance Corporation of India, LICI, is the oldest and the most trusted Life Insurer in the insurance sector.

This makes LICI the oldest and the most trusted Life Insurer in the insurance sector.

Axis Bank, the third largest private lender in India, snapped up an additional 4.99 % stake in Max Life Insurance, a leading private sector insurer in India, for an estimated Rs. 95.75 Crores.

Max Life is a leading private sector player in India's insurance industry and is currently ranked as the country's fourth largest life insuLife is a leading private sector player in India's insurance industry and is currently ranked as the country's fourth largest life insulife insurer.

Life Insurance Corporation of India, the largest public sector insurer in India, has increased its stake in ICICI Bank, one of the leading private sector banks in India.

Public sector insurer, Life Insurance Corporation of India, registered 15.38 % growth in new premium business compared to the private sector growth of 17.47 %.

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

Banks will consider affiliations with multiple insurers in the life insurance, non-life insurance, as well as independent health insurance sectors.

«Simultaneous alliances with several insurers will now be encouraged as the bank regulators no longer intend to have an affiliation with a single insurer in each domain of life, non-life and independent health insurers,» states a private sector's head of distribution life insurer.

Private sector insurer MetLife India Insurance today launched a term insurance product Met Protect, the first such life cover plan by the company to be available online.

Private insurer Reliance Life is exploring a distribution tie - up with several banks, including from the public, private and cooperative sectors, and may offer a stake of up to 5 per cent for the same.

Leading private insurer Reliance Life plans to launch a new pension plan as early as next month and has sought the sector regulator IRDA's approval for the same, a top official said.

LIC Child Plans: The Life Insurance Corporation of India, LIC, is the oldest and the most trusted Life Insurer in the policy sector.

ING and New York Life are two international insurers which stepped out after the insurance sector allowed entry of private and foreign companies.

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

Reliance Nippon Life Insurance Company is a part of Reliance Capital, one of India's leading private sector financial services companies and Nippon Life Insurance, also called Nissay, with 25 % market share is Japan's largest private life insurer with revenues of Rs. 3,66,198 crore (US$ 55 Billion) and profits of over Rs. 41,380 crores (US$ 6 billion) as of Mar 31, 2Life Insurance Company is a part of Reliance Capital, one of India's leading private sector financial services companies and Nippon Life Insurance, also called Nissay, with 25 % market share is Japan's largest private life insurer with revenues of Rs. 3,66,198 crore (US$ 55 Billion) and profits of over Rs. 41,380 crores (US$ 6 billion) as of Mar 31, 2Life Insurance, also called Nissay, with 25 % market share is Japan's largest private life insurer with revenues of Rs. 3,66,198 crore (US$ 55 Billion) and profits of over Rs. 41,380 crores (US$ 6 billion) as of Mar 31, 2life insurer with revenues of Rs. 3,66,198 crore (US$ 55 Billion) and profits of over Rs. 41,380 crores (US$ 6 billion) as of Mar 31, 2016.

The state - owned insurance giant Life Insurance Corporation of India (LIC) and private sector insurer HDFC Standard Life missed out on rural sector obligations during 2008 - 09.

I have a Rs 50 - lakh life cover from a public sector insurer.

So while 2016 is expected to be another strong production year, most life insurers remain very focused on managing risks, particularly in some property sectors and geographic areas that may be nearing the peak.

The life insurers that finance and invest in the retail sector have noticed the slowdown.