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
LIC Targets Bigger Premium Policies Amid Big Push For Insurance For All
Life Insurance Corporation of India (LIC) is sharpening its focus on increasing ticket sizes while simultaneously expanding policy sales as the insurance giant works towards supporting the national vision of “Insurance for All by 2047,” according to Managing Director and Chief Executive Officer R Doraiswamy. Speaking during the company’s earnings call, Doraiswamy said LIC expects […]
CW Bureau
·
May 28, 2026
STARTUP/TECHNOLOGY
LIC Unveils MyLIC And Super Sales Saathi Apps To Enhance Digital Push
Life Insurance Corporation of India (LIC) has launched its new customer application MyLIC and a dedicated mobile app for sales intermediaries, Super Sales Saathi, as part of its ongoing digital transformation strategy. With over 260 million policies and one of the deepest insurance footprints in the country, LIC said the Apps are aimed at delivering […]
CW Bureau
·
Apr 16, 2026
