Stay updated with breaking news from Nsurance stocks. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Life insurance sector outlook: Morgan Stanley believes the insurance industry could look to manage by sharing the hit with distributors (lower commissions and/or trail commission structure).
Status quo on surrender values by the insurance regulator is a big relief for life insurers, says brokerages, which expect these firms to maintain profitability
LIC jumped 9 percent to Rs 674.65, GIC surged 14 percent to hit a fresh 52-week high of Rs 301.80 and NIACL, too, galloped to fresh 52-week high of Rs 208 after gaining 17 percent
The company's gross direct premium in the health-retail segment grew 18 percent, whereas in personal accident claims, the growth was 15 percent, the insurer said in a recent provisional filing for the first quarter of 2023