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
BANKING & FINANCE
Canara HSBC Life Insurance Company Partners West Bengal Gramin Bank
Canara HSBC Life Insurance Company Ltd has entered into a strategic bancassurance partnership with West Bengal Gramin Bank (WBGB) to expand insurance penetration and strengthen financial inclusion across rural India. Under the partnership, Canara HSBC Life Insurance will offer its range of life insurance products through WBGB’s network of 960 branches spread across West Bengal. […]
CW Bureau
·
May 26, 2026
BANKING & FINANCE
Canara HSBC Life Declares ₹271 Cr Bonus For 2.33 Lakh Policyholders
Canara HSBC Life Insurance Company Ltd, a life insurance company offering protection and long-term savings products, has announced a bonus of ₹271 crore for FY26 for policyholders holding participating (PAR) policies. The bonus will benefit around 2.33 lakh policyholders whose participating policies were in force as of March 2026. The company said the declared bonus […]
CW Bureau
·
May 22, 2026
BANKING & FINANCE
Kotak Life Ranks 2nd In Customer Experience Study By Hansa Research
Kotak Mahindra Life Insurance Company Ltd (Kotak Life) has been ranked second among India’s life insurers in the Hansa Research Life Insurance Customer Experience Study (CuES) 2026, reflecting strong customer trust and engagement. Strong customer metrics The company recorded a Net Promoter Score (NPS) of 60, indicating high levels of customer loyalty, advocacy and satisfaction […]
CW Bureau
·
Apr 10, 2026
