Tag: insurance penetration
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
GENERAL Life Insurance Renewal Premiums Account For 55% Collections In FY25

Renewal premiums contributed 55% of the total premium underwritten by India’s life insurance industry in FY25, underscoring strong policyholder retention and the long-term nature of life insurance products, according to an analysis of the IRDAI Annual Report 2024-25 by the Insurance Awareness Committee–Life Insurance (IAC-LI). The industry reported total premium income of ₹8.86 lakh crore […]

CW Bureau · Jun 3, 2026