Browsing: insurance sector

The number of insurance policy lapses decreased in 2024, but the high discontinuation rate still signals fragile customer confidence in Bangladesh’s insurance sector.

The Indian government is set to introduce the Insurance Amendment Bill during the upcoming monsoon session of Parliament, aiming to allow 100% foreign direct investment (FDI) in the insurance sector.

Azerbaijan’s insurance industry experienced significant growth in the first quarter of 2025, with total premiums increasing by 7 percent to 399.1 million manat.

China Pacific Insurance reported mixed financial results for Q1 2025, with revenue and net profit declining while cash flow from operating activities increased significantly.

SBI Life Insurance stock soared over 9% in early trade after the company’s Q4 results were released, impressing investors with strong growth in value of new business and improving margins

Emkay Global Financial’s research report highlights HDFC Life Insurance’s steady performance in growth and profitability despite challenges

ICICI Securities has issued a buy recommendation for ICICI Prudential Life Insurance Company with a target price of Rs 750, citing accelerated volume growth and diversified distribution channels.

Bajaj Finserv’s Chairman and Managing Director, Sanjiv Bajaj, believes the Indian insurance sector is poised for a decade of significant growth, driven by low penetration rates and increasing demand for financial security.