Equitas Small Finance Bank (Equitas SFB) has entered into a new bancassurance partnership with local insurer Edelweiss Life Insurance.
Tata AIA Life Insurance has launched two new funds - Tata AIA Top 200 Alpha 30 Index Fund and Tata AIA Top 200 Alpha 30 Pension Fund - providing opportunity to grow wealth and secure future through life insurance-linked investment products.
Tata AIA Life has announced a record bonus payout of INR18.42 billion (US$216.29 million) in its participating plans for the financial year ending 31 March 2025, which will benefit over 815,000 policies.
TATA AIG General Insurance has unveiled a new health insurance product, MediCare Select, as part of its ongoing expansion strategy in India's retail health segment.
Bajaj Allianz Life Insurance has introduced a new term insurance policy designed specifically for women, reflecting an effort to align its offerings with changing customer profiles and protection needs.
Tata AIA Life Insurance has launched the Shubh Flexi Income Plan, a non-linked, participating life insurance savings plan designed to offer flexible financial security and long-term wealth creation.
Insurance Regulatory and Development Authority of India (IRDAI) has unveiled its ambitious 'Bima Trinity' plan at the 9th edition of Bima Manthan, its quarterly meeting with insurance company CEOs.
TATA AIA Life Insurance has introduced the Smart Pension Secure Plan, an innovative unit-linked pension plan (ULIP) designed to meet the evolving retirement needs of modern professionals and digital-savvy consumers.
ICICI Prudential Life Insurance has introduced 'ICICI Pru Wish', a health product catering to women's specific critical illnesses and surgeries.
The life insurance sector in India posted a robust 19.9% year-on-year (y-o-y) growth in Annual Premium Equivalent (APE) in November, significantly higher than the 10.6% growth recorded in October 2024, data from the Life Insurance Council showed.
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