Insurance News
SBI Life Q4 Results: PAT at ₹814 crore; net premium income slips 5% YoY
SBI Life Q4 Results: SBI Life Insurance reported a 0.3% YoY increase in Q4 consolidated net profit to ₹813.5 crore. Net premium income fell by 5% YoY to ₹23,861 crore, while first-year premiums rose 7.3% and renewal premiums increased by 12.9%. Single premiums dropped significantly by 42.1%.
2 min read24 Apr 2025Insurance for Electric Vehicles: A complete guide to ideal coverage and premium savings
Electric vehicles in India face high insurance costs, primarily due to higher IDV. Most policies exclude battery coverage, which can be added at extra cost. Essential add-ons include motor protector and zero-depreciation covers, ensuring comprehensive protection for EV owners.
4 min read24 Apr 2025Will my travel insurance cover diabetes-related treatment?
Travel insurance can cover emergency treatment related to Type 2 diabetes, provided the condition is declared at the time of purchase and the policy includes coverage for pre-existing conditions.
2 min read24 Apr 2025Delhi reaches out to private hospitals to join Centre’s PMJAY health insurance scheme
Major private hospital chains are not fully participating in the scheme, primarily due to the inadequate pricing structure
3 min read23 Apr 2025Up 11.5% today, 40% in 10 days. Is this newly listed stock set to keep rising?
Niva Bupa Health Insurance share price surged 11.5% to ₹86.40, marking a 40% gain since April 7. Motilal Oswal initiated coverage with a ’Buy’ rating, citing strong growth prospects and a diversified product mix, projecting continued momentum in the health insurance market.
2 min read23 Apr 2025Hit by weather and fires, Punjab to join Centre’s crop insurance scheme after holding back for nine years
The reason it has agreed to implement the scheme is the huge losses suffered by farmers due to bad weather and farm fires.
4 min read22 Apr 2025Is India’s bank deposit insurance adequate? A reality check
India’s deposit insurance scheme offers wide coverage by number, but not by value—leaving large depositors at risk. With household savings rising, is the RBI’s safety net still fit for purpose?
3 min read22 Apr 2025ICICI Prudential receives ₹3.67 crore tax order from GST authorities, stock down 10% YTD; Buy or sell?
ICICI Prudential Life Insurance received an order from the GST Commissioner upholding the tax demand of about ₹3.67 crore. The insurer’s stock has shed nearly 10 per cent YTD.
2 min read18 Apr 2025Stocks to buy: Rajesh Palviya of Axis Sec recommends SBI Life, Indian Bank, Adani Ports shares for next week
Stocks to buy next week: Rajesh Palviya has recommended to buy, hold, and accumulate SBI Life Insurance Company Ltd, Indian Bank, and Adani Ports and Special Economic Zone Ltd.
3 min read18 Apr 202575% of health insurance buyers in India have less than ₹10 lakh coverage; awareness gap a worry, report finds
A large proportion of consumers have to sell ancestral assets or borrow money during a crisis rather than opting for accessible solutions such as health and life insurance to protect their families, a Policybazaar report shows.
2 min read17 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared