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.
Tata AIA Life Insurance has launched the Tata AIA Nifty Alpha 50 Index Fund, an open-ended New Fund Offering (NFO) with an alpha investing strategy to benefit from potential growth while securing their loved ones with the protection of a life insurance cover, through its unit-linked insurance products.
Tata AIA Life Insurance (Tata AIA) has launched its offshore branch at Gujarat International Finance Tec-City (GIFT City), India's first International Financial Services Centre (IFSC). It allows the company to offer US Dollar-denominated life insurance products to Non-Resident Indians (NRIs) through its dedicated website.
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