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Private Life Insurers: Private life insurers expected to report modest growth in Q3

The share of Unit-Linked Insurance Plans (ULIPs) is likely to rise, in lockstep with the surge in stock indices, slowing the growth in Value of New Business (VNB) margins. ....

Avinash Singh , Motilal Oswal , Unit Linked Insurance Plans , New Business , Life Insurance , Private Life Insurers ,

LIC Settlement Rate: LIC settlement rate higher than peers'

India Business News: LIC had a claim settlement ratio of 98.5% as of March 31, 2023, according to data released by the Insurance Regulatory and Development Authority in it ....

Development Authority , Insurance Regulatory , Business News , Surrenders Withdrawals , Private Sector Counterparts , Private Life Insurers , Life Insurance Companies , Lic Settlement Rate , Group Life Insurance Business , Claim Settlement Ratio ,

LIC growth worsens, lags private rivals ahead of IPO

According to regulatory data, while the state-run insurance giant saw a bare 0.24% growth in new business premium to ₹1.56 trillion in the 11 months of FY22, private life insurers clocked a 24.7% rise to ₹98,213 crore in the same period ....

Lic Growth , Private Life Insurers , New Business Premium , Insurance Market , Retail Life Segment ,