BANKING & FINANCE
India’s Life Insurance New Business Premiums Increase 16.6% In Q1 FY27
India’s life insurance industry posted a strong start to FY27, with new business premiums (NBP) rising 16.6% year-on-year (y-o-y) in the first quarter, driven by robust growth in private insurers, which continued to expand their market share amid sustained demand for retail protection and long-term savings products, according to a CareEdge Ratings report. The industry’s […]
CW Bureau
·
Jul 10, 2026
BANKING & FINANCE
Younger Advisors Key For Customer Acquisition, Veterans Push Premiums
India’s insurance distribution ecosystem is undergoing a generational transformation, with younger advisors driving faster customer acquisition while experienced professionals continue to dominate high-value protection sales, according to a new study by insurtech platform Probus. The study found that Point of Sales Persons (PoSPs) under the age of 30 who joined the Probus platform for the […]
CW Bureau
·
Jul 7, 2026
BANKING & FINANCE
Lloyd’s Insurance Inks Pact With ICICI Lombard General Insurance For India
By Venkatachari Jagannathan The UK-headquartered global insurance marketplace for primary insurance and reinsurance Lloyd’s has strengthened its multinational offering by entering into an agreement with ICICI Lombard General Insurance Company Ltd. Under the agreement, ICICI Lombard will act as Lloyd’s India partner and issue local policies on behalf of Lloyd’s managing agents for selected lines […]
CW Bureau
·
Jun 19, 2026
