How SBI Life IdeationX 2.0 was not a competition, but a movement to reimagine the future of insurance

Life insurers see robust growth for the third month in Nov
 

LIC receives GST demand order of over Rs 2,370 crore from Maharashtra authorities
The Life Insurance Corporation of India (LIC) has received a tax demand order of Rs 2,370.3 crore for the financial years 2021–22 to 2023–24. This includes GST with interest and penalty.

Ageas Federal Life Insurance launches new brand identity
Mumbai: Ageas Federal Life Insurance unveiled its new brand identity on Tuesday, introducing a refreshed logo and the brand promise “Har Wada Mumkin - Promises Made Possible.” Managing Director and CEO Jude Gomes launched the new identity alongside brand ambassador Sachin Tendulkar in Mumbai. The new logo features two unifying arcs symbolising protection and guidance, with a colour palette of orange and violet representing optimism and trust respectively. Gomes stated the identity reflects the company’s commitment to simplifying insurance and making financial protection more accessible across India.

New business premium for life insurers expands around 23% on year in Nov-25
Indias life insurance industry saw an impressive expansion of around 23% year-on-year rise in new business premium (NBP) in November 2025, as premium growth stayed well supported after the removal of goods and services tax (GST) on select products. According to provisional data from the IRDAI, total NBP collected during the month stood at Rs 31119 crore.

ICICI Prudential Life Insurance Company allots 1.32 lakh equity shares under ESOS
ICICI Prudential Life Insurance Company has allotted 132,250 equity shares of face value of Rs 10 each under 'ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005)' and 948 equity shares of face value of Rs 10 each, under 'ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023)', on 09 December 2025 at 11:38 a.m.

‘Our aspiration is to triple the business in three years’ Ageas Federal Life CEO
Ageas Federal Life Insurance, a 70:30 joint venture between Ageas and Federal Bank, on Tuesday unveiled a new brand identity to reflect its next phase of growth. MD & CEO Jude Gomes tells Narayanan V on what prompted the rebranding exercise, the private life insurer’s growth plans, and the possibility of entering the health insurance space. Edited excerpts:

Are you adequately insured? Why most families don’t have enough cover until it’s too late
A term insurance plan offers more than a sense of security, it creates a financial cushion that protects your family in case of your absence. With the recent goods and services tax (GST) rate overhaul making term insurance products 18% cheaper, many people focus on simply "having" a policy. Far fewer stop to assess whether their life cover is actually adequate for their family’s needs.

Ageas Federal Life Insurance unveils its new brand identity
 

Ageas Life set to seek composite licence once govt issues final rules

LIC will become completely digital in next two months: DFS Secretary Nagaraju
While responding to an observation that services of LIC still remained traditional questions after virtually delivering the 69 Foundation Day Lecture at the Administrative Staff College of India (ASCI), Hyderabad on Saturday, Nagaruju said: “LIC will become completely digital in next two months.”

Tata AIA Sampoorna Raksha Promise helps families secure financial goals amid rising cost of living
Tata AIA Life Insurance, a leading life insurer in India, offers Tata AIA Sampoorna Raksha Promise, a comprehensive term insurance plan designed to help families achieve financial security amid rising living costs. This innovative product combines comprehensive life coverage, flexible premium options, optional riders, and additional benefits that make financial protection accessible at an affordable cost. Key Highlights • Tata AIA Sampoorna Raksha Promise provides life coverage for up to 100 years, allowing families to meet both their short-term and long-term financial obligations.

What really counts in life insurance: The claim experience
In life insurance, value is proven not in brochures or marketing campaigns, but at the moment a family files a claim. It’s here—where operational efficiency, regulation and human empathy intersect—that the industry’s promise is truly tested.

A term plan that refunds your money if you survive
A term insurance plan with return of premium (TROP) is an attractive option for individuals seeking both life coverage and a potential return on their premiums. It is ideal for those who seek certainty over market-linked returns. However, these plans come with higher premiums, around 1.8x to 2x the cost of regular term plans, due to the inclusion of a maturity benefit.

Axis Max Life’s E-Commerce channel achieves 52% two-year CAGR on APE in H1 FY26; becomes one of the leading players in online protection and savings market
 

LIC partners with Yes Bank to expand reach through new bancassurance deal
Mumbai: The Life Insurance Corporation of India (LIC) has entered into a strategic bancassurance partnership with Yes Bank. This collaboration will enable Yes Bank customers to access LIC’s life insurance products through its branch network and digital platforms, according to a press release on Thursday.

LIC, GQG signal interest in ₹24,930 crore Adani Enterprises rights issue
 

LIC introduces Protection Plus, Bima Kavach plans

Life insurance industry on a curve of redesigning for faster growth: Generali Central Life MD & CEO Alok Rungta
The life insurance industry is passing through a challenging phase with slowdown in growth this year amid recent regulatory changes, as well as the waiver of Good and Services Tax (GST) on individual life policies. In comparison to the push the GST waiver has given to health cover sales, life insurance lags behind, though long-term growth prospects appear bright. Alok Rungta, MD & CEO, Generali Central Life Insurance Company (formerly Future Generali India Life Insurance,), talks about the company’s plans ahead and trends in the life insurance segment.

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LIC launches Protection Plus, Bima Kavach plans

ICICI Prudential PFM Unveils ‘My Family My Future’: empowering working women, housewives and parents to secure their family’s tomorrow
 

Chander takes charge as MD of LIC
 

LIC holds over ₹48,000 crore investments in Adani group

Term Insurance vs. investment: Why both matter when building wealth
New Delhi: The this or that dilemma is something almost everyone struggles with. For every financial choice you have to make, there is always an alternative waiting on the other side, the one that feels more attractive or convin!cing. The same thing happens when people think about buying term insurance. Many wonder whether they should skip term life insurance altogether and simply invest that money instead.

ICICI Prudential Life posts 99.33% claim settlement ratio in H1FY26
Mumbai: ICICI Prudential Life Insurance has reported a claim settlement ratio of 99.33 per cent for the first half of FY2026, positioning itself as the leader among major life insurers in India. The company settled death claims worth ₹893.38 crore during this period. The insurer achieved an average turnaround time of 1.1 days for non-investigated claims. Under its “Claim for Sure” initiative, which promises settlement of eligible claims within one day of document submission, the company processed death claims totalling ₹157.25 crore in H1FY26.

LIC exposure to Adani firms at Rs 48,285 crore
Life Insurance Corporation of India (LIC) holds about Rs 38,659 crore in equity and about Rs 9,626 crore in debt across Adani Group companies as of September 30, 2025, the finance ministry informed Lok Sabha on Monday.

LIC appoints Ramakrishnan Chander as Managing Director

LIC raises stake in Cipla

Non-par products gain ground in listed life insurers' product mix in H1FY26
 

Term Insurance Uptake Rises in Tier-2 Cities as Digital Advisors Support Awareness