Life insurance industry’s new awareness campaign reaches 35.5 crore people across all channels

Going beyond traditional modes of advertising, visibility for the campaign was achieved through the India–South Africa cricket series | Photo Credit: iStockphoto The life insurance industry’s new awareness campaign, aiming to address the challenge of low insurance penetration levels in India, has been able to reach around 35.5 crore people across all channels by December-end, […]

Bajaj Life Insurance launches ‘BSE 500 Quality 50 Index Fund’

Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Life Insurance Bajaj Life Insurance has announced the launch of its new fund offer (NFO), the Bajaj Life BSE 500 Quality 50 Index Fund, aimed at providing exposure to Indian companies with strong financial fundamentals and earnings quality. The fund will be available under the insurer’s unit-linked insurance […]

Will 100% FDI amendment make insurance affordable in India?| Business News

For decades, India’s insurance challenge has been one of awareness, purchasing power parity and trust. A sustained focus on urban markets and standardised products led to low penetration, limited risk capacity and persistent protection gaps. This left numerous households uninsured. Image for representational purposes only. (Unsplash) The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) […]

After mutual funds, Mahindra and Manulife to set up life insurance JV in India| Business News

Mahindra & Mahindra Ltd. and Manulife have agreed to set up a life insurance joint venture in India, five years after they got together to sell mutual funds in the world’s fourth largest stock market. Mahindra Group CEO Anish Shah. Mahindra and Manulife have committed to invest ₹3,600 crore each in the life-insurance JV, with […]