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
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Jul 10, 2026
BANKING & FINANCE
Prudential Redraws India Play With ₹3,500-Cr Bharti Life Acquisition
Asia-focused insurance giant Prudential plc is sharply repositioning its India strategy with a ₹3,500 crore acquisition of a controlling stake in Bharti Life Insurance Company Ltd, signalling a deeper long-term commitment to one of the world’s fastest-growing insurance markets. The transaction will see Prudential acquire a 75% stake in Bharti Life from Bharti Life Ventures […]
CW Bureau
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May 17, 2026
BANKING & FINANCE
HDFC Life Announces Record Bonus Payout Of ₹4,596 Cr For Policyholders
HDFC Life has announced a bonus of ₹4,596 crore for participating policyholders, marking the highest bonus declaration in the company’s history. The bonus was approved at the company’s board meeting held on April 16, 2026, and will benefit around 22.2 lakh participating policyholders, underlining HDFC Life’s focus on long-term value creation and customer-centric growth. Majority […]
CW Bureau
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May 15, 2026