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	<title>Insurance Archives - NRI News</title>
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	<title>Insurance Archives - NRI News</title>
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	<item>
		<title>ICIEC Emphasizes the Role of De-Risking in Enhancing Regional Trade and Investment at the IsDB Group Private Sector Forum 2026</title>
		<link>https://nrinews24x7.com/iciec-emphasizes-the-role-of-de-risking-in-enhancing-regional-trade-and-investment-at-the-isdb-group-private-sector-forum-2026/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Thu, 09 Jul 2026 05:30:24 +0000</pubDate>
				<category><![CDATA[International Business]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[De-Risking]]></category>
		<category><![CDATA[export]]></category>
		<category><![CDATA[Forum]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[ISDB]]></category>
		<category><![CDATA[Islamic]]></category>
		<category><![CDATA[Trade]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181168</guid>

					<description><![CDATA[<p>BAKU, AZERBAIJAN: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, convened a high-level panel discussion titled “De-Risking Trade &#38; Investment for Regional Prosperity” on the sidelines of the IsDB Group Private Sector Forum 2026 in [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/iciec-emphasizes-the-role-of-de-risking-in-enhancing-regional-trade-and-investment-at-the-isdb-group-private-sector-forum-2026/">ICIEC Emphasizes the Role of De-Risking in Enhancing Regional Trade and Investment at the IsDB Group Private Sector Forum 2026</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p class="wp-block-paragraph"><strong>BAKU, AZERBAIJAN:</strong> The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, convened a high-level panel discussion titled “<em>De-Risking Trade &amp; Investment for Regional Prosperity” </em>on the sidelines of the IsDB Group Private Sector Forum 2026 in Baku.</p>



<p class="wp-block-paragraph">Held at the Baku Convention Center, the session brought together senior representatives from Azerbaijani public- and private-sector stakeholders, export credit agencies, multilateral development banks, commercial banks, insurers, investors, government entities, State-Owned Enterprises, and business leaders.</p>



<p class="wp-block-paragraph">The discussion focused on how risk mitigation can unlock private capital, strengthen investor confidence, and support regional integration across Azerbaijan, ICIEC Member States, and the broader OIC region, in alignment with the Annual Meetings theme, “Regional Integration for Sustainable Prosperity”. Convened in Baku, the session explored how political risk insurance, trade credit insurance, and credit enhancement solutions can help transform opportunities in infrastructure, energy, logistics, ICT, manufacturing, and trade into bankable projects, while supporting Azerbaijan’s expanding role as a regional gateway for investment, connectivity, export-oriented growth, and wider OIC market integration.</p>



<p class="wp-block-paragraph">The event featured keynote remarks by Mr. Yusif Abdullayev, Executive Director of the Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO), who highlighted Azerbaijan’s growing role as a regional hub for trade, investment, and connectivity.</p>



<p class="wp-block-paragraph">The panel featured Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC; Mr. Yuichiro Akita, President of the Berne Union; Mr. Sujithav Sarangi, Executive Director, Development and Agency Finance Team, Standard Chartered; and Mr. John Lentaigne, Global Head of Structured Credit and Political Risks, Specialist Risk Group. The discussion was moderated by Mr. Elnur Aliyev, Advisor to the Chairman, KOBIA Azerbaijan.</p>



<p class="wp-block-paragraph">Speaking during the session, <strong>Dr. Khalid Khalafalla</strong> said: “<em>Regional prosperity can only deliver its full development impact when trade and investment opportunities are supported by confidence, bankability, and effective risk mitigants. ICIEC’s Shariah-compliant solutions help governments, financial institutions, and investors move from ambition to implementation and execution. Through strong partnerships with public and private sector institutions, ICIEC is helping mobilise capital for strategic sectors, reduce perceived and actual risks, and support sustainable growth across Member States and beyond</em><strong>.</strong>&#8220;</p>



<p class="wp-block-paragraph">The discussion underscored that Regional Prosperity requires more than connectivity and project pipelines. It requires a coordinated ecosystem in which governments, financial institutions, insurers, investors, and development partners work together to manage risk, mobilise finance, and deliver tangible development outcomes. The session reinforced ICIEC’s role as a catalyst for trade, investment, and sustainable development through Shariah-compliant risk mitigation solutions, partnership-building, and support for investment-ready projects across Member States.</p>
<p>The post <a href="https://nrinews24x7.com/iciec-emphasizes-the-role-of-de-risking-in-enhancing-regional-trade-and-investment-at-the-isdb-group-private-sector-forum-2026/">ICIEC Emphasizes the Role of De-Risking in Enhancing Regional Trade and Investment at the IsDB Group Private Sector Forum 2026</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>ICIEC and the National Bank of Bahrain Collaborate on Trade Finance Insurance to Enhance Member State Trade</title>
		<link>https://nrinews24x7.com/iciec-and-the-national-bank-of-bahrain-collaborate-on-trade-finance-insurance-to-enhance-member-state-trade/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 23 Jun 2026 19:14:23 +0000</pubDate>
				<category><![CDATA[Bank]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Trade]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181153</guid>

					<description><![CDATA[<p>BAKU: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, has signed a Bank Master Policy (BMP) and Documentary Credit Insurance Policy (DCIP) with the National Bank of Bahrain (NBB) on the sidelines of the IsDB [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/iciec-and-the-national-bank-of-bahrain-collaborate-on-trade-finance-insurance-to-enhance-member-state-trade/">ICIEC and the National Bank of Bahrain Collaborate on Trade Finance Insurance to Enhance Member State Trade</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>BAKU:</strong> The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, has signed a Bank Master Policy (BMP) and Documentary Credit Insurance Policy (DCIP) with the National Bank of Bahrain (NBB) on the sidelines of the IsDB Group 2026 Annual Meetings, held in Baku, Azerbaijan, from 16 to 19 June 2026.</p>



<p class="wp-block-paragraph">Under these insurance policies, ICIEC will provide insurance cover for eligible trade finance transactions extended by NBB to entities located in ICIEC Member States and support the confirmation of letters of credit issued by banks in ICIEC Member States, helping facilitate cross-border trade while mitigating payment risks.</p>



<p class="wp-block-paragraph">The partnership underscores ICIEC and NBB’s shared commitment to expanding trade finance, strengthening cross-border trade flows, and deepening economic cooperation among Member States. Through the provision of risk mitigation solutions, the agreement enhances confidence in international trade transactions, supports increased private sector engagement, and facilitates the efficient movement of essential goods and services across strategic markets.</p>



<p class="wp-block-paragraph">Commenting on the agreement, <strong>Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC</strong>, said: <em>&#8220;Resilient trade ecosystems require strong financial institutions, trusted partnerships, and effective risk mitigation. These insurance policies with the National Bank of Bahrain bring these elements together, enabling greater confidence in cross-border transactions and expanding trade opportunities across ICIEC Member States. We are pleased to join forces with NBB in supporting businesses and facilitating the flow of trade that contributes to sustainable economic development.&#8221;</em></p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://nrinews24x7.com/iciec-and-the-national-bank-of-bahrain-collaborate-on-trade-finance-insurance-to-enhance-member-state-trade/">ICIEC and the National Bank of Bahrain Collaborate on Trade Finance Insurance to Enhance Member State Trade</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Aditya Birla Sun Life Insurance Introduces Anmol Akshaya</title>
		<link>https://nrinews24x7.com/aditya-birla-sun-life-insurance-introduces-anmol-akshaya/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Fri, 12 Jun 2026 05:36:12 +0000</pubDate>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Akshaya]]></category>
		<category><![CDATA[Anmol]]></category>
		<category><![CDATA[Birla]]></category>
		<category><![CDATA[Child]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Families]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[HER]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Payout]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181073</guid>

					<description><![CDATA[<p>MUMBAI: Aditya Birla Sun Life Insurance Company Limited (“ABSLI”), the life insurance subsidiary of Aditya Birla Capital, India’s leading diversified financial services company, today announced the launch of ABSLI Anmol Akshaya, a savings-oriented participating life insurance plan designed to help customers achieve future goals while safeguarding their families against life&#8217;s uncertainties. &#160;Exclusive offerings of the Plan: ABSLI [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/aditya-birla-sun-life-insurance-introduces-anmol-akshaya/">Aditya Birla Sun Life Insurance Introduces Anmol Akshaya</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<ul class="wp-block-list">
<li><em>Supports every stage of a child’s education journey through milestone-based pay-outs</em></li>



<li><em>Help families to achieve their future goals with medium to long-term savings</em></li>



<li><em>Empowering today’s women with smart savings and built-in HER Benefits—Health Management Services, childbirth-linked payout, and cancer support </em></li>
</ul>



<p class="wp-block-paragraph"><strong>MUMBAI: </strong>Aditya Birla Sun Life Insurance Company Limited (“ABSLI”), the life insurance subsidiary of Aditya Birla Capital, India’s leading diversified financial services company, today announced the launch of <strong>ABSLI Anmol Akshaya</strong>, a savings-oriented participating life insurance plan designed to help customers achieve future goals while safeguarding their families against life&#8217;s uncertainties.</p>



<p class="wp-block-paragraph"><strong>&nbsp;Exclusive offerings of the Plan:</strong></p>



<ol start="1" class="wp-block-list">
<li><strong>My Child</strong>: Policyholders can choose milestone-based income pay-outs aligned to key stages of a child’s educational journey, from undergraduate studies and professional courses to post-graduation and career beginnings.</li>
</ol>



<ol start="2" class="wp-block-list">
<li><strong>My Savings:</strong> Designed for customers looking to create a medium to long-term corpus for future goals such as daughter’s marriage, buying a house, retirement planning, etc., while also ensuring life insurance protection for their families.</li>
</ol>



<ol start="3" class="wp-block-list">
<li>HER Benefits: For women, the plan offers attractive savings for future goals and exclusive HER Benefits built into the plan. The proposition includes complimentary Health Management Services, providing access to medical consultations, health coaching, second medical opinions, and personal medical care management to support proactive health management.</li>
</ol>



<p class="wp-block-paragraph">ABSLI Anmol Akshaya offers customers added flexibility through optional protection enhancements such as the Extended Life Cover (ELC) option that enables customers to continue their life insurance cover beyond Maturity up to the age of 75 or 85. Additionally, the Policy Continuance Benefit (PCB) helps safeguard long-term financial goals of the family by offering an immediate death benefit, under specified conditions, on the death of the Life assured. Besides, this benefit also provides a waiver of future premiums upon the death of the Life Insured, while policy benefits continue till maturity.</p>



<p class="wp-block-paragraph">Kamlesh Rao, MD &amp; CEO, Aditya Birla Sun Life Insurance Company Limited, said, “Financial planning today is increasingly centered around life goals rather than standalone products. From securing a child&#8217;s future, family’s future goal, and a savings corpus to address the evolving financial and wellness needs of women, customers seek solutions that support them through different stages of life. With ABSLI Anmol Akshaya, we have created a proposition that combines savings and protection, along with meaningful benefits, helping customers pursue their aspirations with greater confidence and financial resilience.<em>”</em></p>



<p class="wp-block-paragraph">As a part of the HER benefits offering of ABSLI Anmol Akshaya plan, it also features a Motherhood Benefit, under which eligible women can receive an accelerated payout equivalent to one annualized premium upon childbirth after a certain policy duration. Further, the Cancer Care Benefit provides an accelerated payout of 25% of the Guaranteed Maturity Benefit upon diagnosis of a covered woman-specific cancer.</p>
<p>The post <a href="https://nrinews24x7.com/aditya-birla-sun-life-insurance-introduces-anmol-akshaya/">Aditya Birla Sun Life Insurance Introduces Anmol Akshaya</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>How Kiwi General Insurance is Transforming the Indian Motor Insurance Market</title>
		<link>https://nrinews24x7.com/how-kiwi-general-insurance-is-transforming-the-indian-motor-insurance-market/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 02:16:19 +0000</pubDate>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Indian]]></category>
		<category><![CDATA[MARKET]]></category>
		<category><![CDATA[motor]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=181024</guid>

					<description><![CDATA[<p>MUMBAI: Kiwi General Insurance, a digital-native insurer built from the ground up to redefine how insurance is experienced in India, today announced its official market entry with a clear philosophy centred around “Your Peace, Our Policy,” reflecting the company’s focus on making insurance simpler, faster, and more dependable for customers. The company begins operations with [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/how-kiwi-general-insurance-is-transforming-the-indian-motor-insurance-market/">How Kiwi General Insurance is Transforming the Indian Motor Insurance Market</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<ul class="wp-block-list">
<li><em>Backed by Westbridge Capital, Kiwi enters India with a clear focus <strong>on making insurance simpler, calmer, and customer-centric &#8211; starting with motor insurance.</strong></em></li>



<li><em>Launches industry-first features like Super NCB, Flexi Repair, and InstaCash to simplify claims and improve real customer outcomes.</em></li>



<li><em>Shift from asset-based pricing to customer pricing, rewarding safer drivers with better premiums.</em></li>
</ul>



<p class="wp-block-paragraph"><strong>MUMBAI:</strong> Kiwi General Insurance, a digital-native insurer built from the ground up to redefine how insurance is experienced in India, today announced its official market entry with a clear philosophy centred around “Your Peace, Our Policy,” reflecting the company’s focus on making insurance simpler, faster, and more dependable for customers. The company begins operations with motor insurance for private cars, designed around claims rather than just premiums.</p>



<p class="wp-block-paragraph">Founded by industry veterans <strong>Neelesh Garg</strong> and <strong>Saurav Jaiswal</strong>, Kiwi received regulatory approval in March 2026 and is backed by <strong>Westbridge Capital</strong>, bringing both credibility and long-term scale to its ambition. Powered by a proprietary, in-house technology stack, Kiwi has been designed to eliminate legacy friction and deliver hyper-personalized solutions grounded in customer-centric underwriting.</p>



<p class="wp-block-paragraph">Motor insurance is Kiwi’s first mass product, chosen deliberately as a category where customer pain points are both visible and widespread. Customers often hesitate to file claims because they fear losing benefits, claims can be slow and unclear, and there is little support while a vehicle is under repair. Kiwi’s motor insurance is designed to directly address these issues and remove the anxiety around claims.</p>



<p class="wp-block-paragraph">The product introduces industry-first features intended to eliminate real consumer pain points. Super NCB allows customers to file claims with confidence, without the fear of a significant hit to their renewal premium, as even after a claim, they drop only one level down on the discount scale instead of resetting to zero. Besides, customers earn up to 40 percent more discount than standard no-claim bonus structures, and <strong>Flexi Repair</strong> gives customers the flexibility to bank minor damages and combine them with a larger claim later. This removes the need to file multiple smaller claims for minor incidents, each of which would attract a compulsory deductible. Customers can wait until a repair event is worthwhile, and recover all banked damages together in a single, seamless settlement. <strong>InstaCash</strong> provides immediate cash support on the day the vehicle is booked in for repair &#8211; with funds transferred directly to the customer’s account without requiring them to first file a claim. Customers are never left managing out-of-pocket expenses while their vehicle is being repaired. In addition, customers benefit from an extensive cashless garage network.</p>



<p class="wp-block-paragraph">True to its standing in bringing peace to the minds of its consumers, Kiwi is also launching&nbsp;&nbsp;<strong>“PayFirst”</strong>, a unique garage experience where the consumer can take their car to a garage of their choice, and get an instant payout, if the garage is outside Kiwi’s network, giving customers the freedom to choose any trusted garage with complete confidence.</p>



<p class="wp-block-paragraph">Kiwi’s anxiety-free promise extends to its distributor network. A dedicated partner ecosystem featuring same-day digital onboarding, Instant reconciliation, performance dashboards, and shared claim trackers eliminates internal bottlenecks, empowering agents to focus entirely on client service.</p>



<p class="wp-block-paragraph">The launch comes at a time when insurance continues to be associated with complexity, delays, and low trust. Kiwi’s operating model combines technology with human support to deliver both speed and accountability. From instant policy issuance and real-time claim tracking to faster claim decisions and single-point ownership of customer queries, every element is designed to reduce ambiguity and improve responsiveness. This tech-driven simplicity also transforms post-purchase servicing; routine policy endorsements are designed to be entirely frictionless, allowing customers to update their coverage without the typical administrative lag. By pairing its agile technology with a hybrid distribution model that retains crucial human touchpoints, Kiwi ensures empathy and fairness across the entire lifecycle.</p>



<p class="wp-block-paragraph">Speaking on the launch, <strong>Neelesh Garg, Founder, Kiwi General Insurance</strong>, highlighted the need for systemic change, “<em>The insurance industry has long been shaped by legacy processes that create customer apprehension. Our goal is to rebuild it from first principles using technology, data, and disciplined execution. We are focused on making insurance simple, fast, and consistent. With Kiwi, we are building an institution that customers and partners can truly rely on. Our philosophy, ‘Your Peace, Our Policy,’ reflects our commitment to creating a more dependable insurance experience.</em>”</p>



<p class="wp-block-paragraph"><strong>Saurav Jaiswal, MD and CEO, Kiwi General Insurance, </strong>added, “<em>Customers today expect clarity, speed, and reliability, especially in moments that matter. At Kiwi, we are focused on making every interaction simple, fast, and predictable. From instant policy issuance and real-time claim tracking to faster decisions and single-point ownership, every element is designed to reduce ambiguity. Starting with motor insurance, we aim to set a new standard for how insurance is delivered. For us, “Your Peace, Our Policy’ is not just our philosophy &#8211; it is the commitment behind every product we build and every interaction we design</em>.&#8221;</p>



<p class="wp-block-paragraph">Kiwi plans to expand into multiple insurance categories over the coming months, continuing its focus on building products that are easy to understand and reliable in real-world situations.</p>
<p>The post <a href="https://nrinews24x7.com/how-kiwi-general-insurance-is-transforming-the-indian-motor-insurance-market/">How Kiwi General Insurance is Transforming the Indian Motor Insurance Market</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>SBI General Insurance Emphasizes Comprehensive Health Coverage as Medical Costs Continue to Climb</title>
		<link>https://nrinews24x7.com/sbi-general-insurance-emphasizes-comprehensive-health-coverage-as-medical-costs-continue-to-climb/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Thu, 14 May 2026 18:35:52 +0000</pubDate>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[medical]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180786</guid>

					<description><![CDATA[<p>Continuing ‘Chuniye Bharosa, Apno Sa’, Pankaj Tripathi urges families to prioritize health and financial security MUMBAI: SBI General Insurance, one of India’s leading general insurance companies, has announced a new film featuring Pankaj Tripathi in continuation of its campaign ‘Chuniye Bharosa, Apno Sa’. The film highlights the growing need for health insurance in our daily lives and in these [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/sbi-general-insurance-emphasizes-comprehensive-health-coverage-as-medical-costs-continue-to-climb/">SBI General Insurance Emphasizes Comprehensive Health Coverage as Medical Costs Continue to Climb</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em>Continuing ‘Chuniye Bharosa, Apno Sa’, Pankaj Tripathi urges families to prioritize health and financial security</em></p>



<p class="wp-block-paragraph"><strong>MUMBAI: </strong>SBI General Insurance, one of India’s leading general insurance companies, has announced a new film featuring Pankaj Tripathi in continuation of its campaign <strong>‘Chuniye Bharosa, Apno Sa’.</strong> The film highlights the growing need for health insurance in our daily lives and in these uncertain times.</p>



<p class="wp-block-paragraph">India is witnessing a steady rise in lifestyle-related health concerns and medical inflation, increasing the financial burden on households during emergencies. Recent government data released through the National Statistical Office’s (NSO) 80th round health survey showed that an average hospitalisation in the country now leads to an out-of-pocket expenditure of over ₹34,000 for households, underscoring the significant financial burden medical emergencies can place on families despite growing health insurance penetration.</p>



<p class="wp-block-paragraph">Featuring Pankaj Tripathi, the film is rooted in the realities of everyday life. It vividly reflects the daily hustle, long commutes, demanding workdays, and sacrifices people make to secure a better future for their families. Through an emotional and relatable narrative, the film reminds viewers that while they work tirelessly for their loved ones, they often overlook a key priority: protecting their family&#8217;s health and financial well-being and securing the future of those who matter most. The campaign reinforces the importance of choosing trusted and adequate health insurance support during uncertain times.</p>



<p class="wp-block-paragraph"><strong><em>Speaking on this, Rathin Lahiri, Head &#8211; Marketing &amp; CSR, SBI General Insurance</em></strong>, said,<em> “Healthcare preparedness today is about more than just owning an insurance policy. For salaried individuals with family responsibilities, setting aside at least 2% of annual income towards insurance can be a prudent step to address changing health needs and rising medical costs. Through our Chuniye Bharosa, Apno Sa campaign, featuring Pankaj Tripathi as brand ambassador, we wanted to reflect the everyday efforts people make for their loved ones while encouraging a more proactive approach to protecting their family’s health and financial well-being. The campaign underscores the importance of choosing coverage that genuinely supports families during uncertain times.”</em> </p>



<p class="wp-block-paragraph">Health insurance today is evolving beyond emergency financial support to become an important pillar of long-term healthcare and financial preparedness for families. Planning through adequate health coverage can often help families navigate medical uncertainties more confidently while reducing financial strain during emergencies.</p>



<p class="wp-block-paragraph">SBI General Insurance continues to offer customer-centric health insurance solutions designed to support individuals and families with comprehensive coverage and flexible benefits. Its recently launched Health Alpha plan offers customisable coverage options, cashless hospitalisation across an extensive hospital network, preventive healthcare benefits, coverage for modern treatments, and seamless claims assistance, helping customers choose protection suited to their evolving healthcare needs.</p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://nrinews24x7.com/sbi-general-insurance-emphasizes-comprehensive-health-coverage-as-medical-costs-continue-to-climb/">SBI General Insurance Emphasizes Comprehensive Health Coverage as Medical Costs Continue to Climb</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Rising Maternity Costs Drive Surge in Women’s Health Claims</title>
		<link>https://nrinews24x7.com/rising-maternity-costs-drive-surge-in-womens-health-claims/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 12 May 2026 03:31:13 +0000</pubDate>
				<category><![CDATA[Women and Children]]></category>
		<category><![CDATA[Claims]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Maternity]]></category>
		<category><![CDATA[Women]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180737</guid>

					<description><![CDATA[<p>The 20–40 age cohort drives sustained growth NEW DELHI: India’s maternity healthcare landscape is undergoing a significant shift, with more women accessing formal, institutional care than ever before. As per data from the Ministry of Health and Family Welfare, with over 88–90% of births now occurring in institutional settings, the share of institutional deliveries has reached 97.3% [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/rising-maternity-costs-drive-surge-in-womens-health-claims/">Rising Maternity Costs Drive Surge in Women’s Health Claims</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em><strong>The 20–40 age cohort drives sustained growth</strong></em></p>



<p class="wp-block-paragraph"><strong>NEW DELHI:</strong> India’s maternity healthcare landscape is undergoing a significant shift, with more women accessing formal, institutional care than ever before. As per data from the <a href="https://hmis.mohfw.gov.in/" target="_blank" rel="noreferrer noopener">Ministry of Health and Family Welfare</a>, with over 88–90% of births now occurring in institutional settings, the share of institutional deliveries has reached 97.3% in 2023–24, signalling a sustained shift towards formal, hospital-based maternal care. <a href="https://sansad.in/" target="_blank" rel="noreferrer noopener">Government</a> data presented in 2025 further showed that C-section deliveries accounted for over 27% of all reported births in India during 2024–25, reinforcing the growing shift towards medically intensive maternity care.</p>



<p class="wp-block-paragraph">Against this backdrop, Care Health Insurance highlights a clear expansion in women’s health claims, both in scale and intensity. Women’s health insurance claims rose 37% from FY25 to FY26, with the 20–40 age group continuing to drive this growth, increasing from 25% over the same period.</p>



<p class="wp-block-paragraph">At the same time, maternity-related claims are becoming more cost-intensive, with Tier 2 and Tier 3 cities continuing to account for a larger share of overall claims, contributing to 60% of all maternity claims reported to the company.</p>



<p class="wp-block-paragraph">A shift in the maternal age profile is also visible. In FY26, women aged above 35 years accounted for 12% of total maternity claim volumes, which was higher compared to previous years and increasing. The cost of this age group was 18% of the overall claim amount, indicating higher cost intensity associated with later-age pregnancies.</p>



<p class="wp-block-paragraph">Overall maternity claim outgo has risen by 25% over the last two years, even as claim volumes have fluctuated, indicating a shift towards higher spend per case.</p>



<p class="wp-block-paragraph">While deliveries are becoming increasingly institutionalized and more efficient, the proportion of women discharged within five days for maternal care has increased from 75% in FY24 to 82% in FY26. This duration of discharge is not resulting in cost reduction; instead, the company has seen an upward trend in cost intensity for maternal treatment.</p>



<p class="wp-block-paragraph">Taken together, these trends reflect a structural shift in maternal healthcare, with rising cost intensity and evolving care patterns driving higher financial exposure. The findings are further reinforced by broader&nbsp;public health data, which indicates that<a href="https://www.pib.gov.in/PressReleseDetailm.aspx?PRID=1843842&amp;utm_source=chatgpt.com&amp;reg=3&amp;lang=2" target="_blank" rel="noreferrer noopener">&nbsp;a majority of women in India are accessing formal antenatal care service</a>s, while&nbsp;<a href="https://www.pib.gov.in/PressReleaseIframePage.aspx?PRID=2122623&amp;utm_source=chatgpt.com&amp;reg=3&amp;lang=2" target="_blank" rel="noreferrer noopener">three out of four continue to have inadequate dietary iron intake</a>, highlighting persistent nutritional gaps and long-term health vulnerabilities beyond maternity.</p>



<p class="wp-block-paragraph">Commenting on the findings,&nbsp;<strong>Manish Dodeja, Executive Director &amp; Chief Business Officer, Care Health Insurance</strong>, said,&nbsp;<em>“Women’s health insurance claims are no longer following a linear growth pattern; they are expanding in both scale and intensity. We are seeing a clear shift in the maternity landscape, with costs rising steadily. While care pathways are becoming more efficient, the financial exposure associated with maternal healthcare is increasing. This is not just a utilisation trend; it reflects a broader shift in how women are accessing and experiencing healthcare today. It is therefore important for individuals to periodically reassess their coverage to ensure it remains aligned with evolving needs.”</em></p>



<p class="wp-block-paragraph">As maternal healthcare continues to formalise and utilisation rises, ensuring adequate and timely health insurance coverage remains critical to managing financial exposure and ensuring continuity of care.</p>
<p>The post <a href="https://nrinews24x7.com/rising-maternity-costs-drive-surge-in-womens-health-claims/">Rising Maternity Costs Drive Surge in Women’s Health Claims</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Axis Max Life Launches 50 New Agency Offices in Tier 2 and 3 Markets</title>
		<link>https://nrinews24x7.com/axis-max-life-launches-50-new-agency-offices-in-tier-2-and-3-markets/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 22 Apr 2026 05:58:12 +0000</pubDate>
				<category><![CDATA[National Business]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Office]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180615</guid>

					<description><![CDATA[<p>PUNE: Axis Max Life Insurance Limited (“Axis Max Life” / “Company”), formerly known as Max Life Insurance Company Limited, has announced the expansion of its distribution network by opening 50 new agency offices across Tier 2 and Tier 3 markets, specifically across Uttar Pradesh, Odisha, West Bengal, and Assam, while strengthening its footprint in key [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/axis-max-life-launches-50-new-agency-offices-in-tier-2-and-3-markets/">Axis Max Life Launches 50 New Agency Offices in Tier 2 and 3 Markets</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>PUNE:</strong> Axis Max Life Insurance Limited (“Axis Max Life” / “Company”), formerly known as Max Life Insurance Company Limited, has announced the expansion of its distribution network by opening 50 new agency offices across Tier 2 and Tier 3 markets, specifically across Uttar Pradesh, Odisha, West Bengal, and Assam, while strengthening its footprint in key metros like New Delhi-NCR and Bengaluru.</p>



<p class="wp-block-paragraph">This initiative acts as a catalyst for the IRDAI’s ‘Insurance for All by 2047’ mission, evolving life insurance from a &#8220;push-product&#8221; into a grassroots necessity. By expanding its agency footprint into India’s emerging economic corridors, Axis Max Life aims to serve as a critical last-mile enabler, bridging the protection gap and driving financial inclusion.</p>



<p class="wp-block-paragraph"><strong>Sumit Madan, Managing Director and Chief Executive Officer, Axis Max Life</strong>, said, “<em>Our commitment is to ensure financial protection reaches every corner of India, starting with a tangible presence where customers are underserved. The addition of 50 offices reflects our focus on Tier 2 and Tier 3 markets to respond directly to the protection needs of emerging India. By nurturing local advisory talent, we are creating a &#8216;Bharose Ka Address&#8217; that empowers communities and enables us to meaningfully contribute to IRDAI’s vision of Insurance for All by 2047</em>.”</p>



<p class="wp-block-paragraph">Beyond insurance coverage, the ‘Bharose Ka Address’ offices will unlock significant employment opportunities for the local communities. A structured recruitment and empowerment program supports each branch, equipping new advisors with the digital tools and training necessary to deliver relevant financial advice. This hyperlocal approach ensures that financial advice is culturally resonant and seamlessly integrated into the unique financial journeys of households across the country.</p>



<p class="wp-block-paragraph">While this rollout is a key FY26 milestone, ‘Bharose Ka Address’ represents a long-term commitment to India’s protection ecosystem. This expansion provides the foundational infrastructure to support a future-ready agency network capable of delivering consistent, high-quality protection solutions.</p>
<p>The post <a href="https://nrinews24x7.com/axis-max-life-launches-50-new-agency-offices-in-tier-2-and-3-markets/">Axis Max Life Launches 50 New Agency Offices in Tier 2 and 3 Markets</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>How Accessible Insurance Programs are Empowering Tier 2 to 4 Cities</title>
		<link>https://nrinews24x7.com/how-accessible-insurance-programs-are-empowering-tier-2-to-4-cities/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 28 Jan 2026 03:52:53 +0000</pubDate>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[affordable]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180261</guid>

					<description><![CDATA[<p>OneCircle ChampionTM to offer a range of insurance solutions across various companies to suit specific customer needs PUNE(S.N): In alignment with the Government of India and insurance regulator&#8217;s vision of “Insurance for All by 2047”, OneCircle Insurance Brokers Private Limited is establishing a network of Point of Sales Persons (PoSPs) who will be identified, trained, and [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/how-accessible-insurance-programs-are-empowering-tier-2-to-4-cities/">How Accessible Insurance Programs are Empowering Tier 2 to 4 Cities</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em><strong>OneCircle Champion<sup>TM</sup></strong> to offer a range of insurance solutions across various companies to suit specific customer needs</em></p>



<p class="wp-block-paragraph"><strong>PUNE(S.N)</strong>: In alignment with the Government of India and insurance regulator&#8217;s vision of “<strong>Insurance for All by 2047</strong>”, OneCircle Insurance Brokers Private Limited is establishing a network of Point of Sales Persons (PoSPs) who will be identified, trained, and certified to provide advice and solutions on a range of insurance products. The PoSPs known as ‘<strong>OneCircle Champion’<sup>TM</sup></strong> will be deployed across cities and rural areas, starting with the <strong>Pune region </strong>to offer insurance choices at the customer&#8217;s doorstep.</p>



<p class="wp-block-paragraph">A Mumbai-headquartered Direct Broker for Life &amp; General Insurance, OneCircle Insurance Brokers, will initially focus on renewal of Truck &amp; Car insurance, a segment where insurance penetration can be further enhanced due to the rapidly increasing vehicle population. By identifying and training local persons to provide need-based advice and a comparison of relevant options to customers from various insurance companies, the Company aims to create an inclusive and impact-oriented initiative. Customers can select a policy of their choice and pay the premium directly to the insurer on their mobile phones with OneCircle Champion<sup>TM</sup> assisting them through the process.</p>



<p class="wp-block-paragraph">When purchasing or renewing insurance policies, customers often need personal advice to understand the various technical Terms &amp; Conditions of the policies tied to the applicable insurance premium. The PoSP offers local advice and solutions at the customer’s doorstep using suitable technology tools to provide a hassle-free, paperless, safe, and smooth experience for selecting and purchasing the most appropriate insurance policy.</p>



<p class="wp-block-paragraph">OneCircle Champion<sup>TM</sup> will use a mobile-friendly technology to offer Truck &amp; Car insurance solutions at competitive premiums to customers. OneCircle Champion<sup>TM</sup> will also support customers for their service requirements, including any claims coordination with insurance companies.</p>



<p class="wp-block-paragraph">OneCircle Insurance Brokers sold its first customer policy to Mrs. Sumitra Purohit, owner of a pick-up truck, through their OneCircle Champion<sup>TM</sup> at Talawade, 35 kms from Pune.</p>



<p class="wp-block-paragraph"><strong>Sumitra Purohit, first customer of OneCircle Insurance Brokers Private Limited</strong>, said, <em>“I am happy to become the first customer of OneCircle Insurance Brokers by renewing the insurance of our family’s pick-up truck effective 26th January. Mr. Chintamani Chavan, OneCircle ChampionTM, provided us excellent advice and quotations from multiple insurance companies, and personally explained in detail each and every aspect of the options available for our insurance renewal. With such simplicity and clarity in explaining, the decision to go ahead with the insurance renewal was easy</em>.”</p>



<p class="wp-block-paragraph"><strong>Dr. Jaideep Devare, Co-Founder &amp; Executive Chairperson, OneCircle Insurance Brokers Private Limited</strong>, said, “<em>OneCircle Insurance Brokers was founded with a deep desire to build a purpose-driven, profitable, and impact-oriented organisation for fulfilling our Core Purpose of ‘Protecting Lives and Livelihoods through Insurance’TM. We aim to improve accessibility and affordability of insurance in Tiers 2-4 cities and rural India, thereby contributing to the vision of ‘Insurance for All by 2047’. Team OneCircle is committed to expanding insurance penetration through innovation and co-creation of customer-centric, affordable, and transparent insurance products and solutions.</em>”</p>



<p class="wp-block-paragraph"><strong>Richard Clement, Co-Founder, CEO &amp; Principal Officer, OneCircle Insurance Brokers Private Limited</strong>, said, “<em>We are delighted to launch our Point of Sales Person (PoSP) program called ‘OneCircle Champion’<sup>TM</sup> in Pune, starting with Truck &amp; Car Insurance. The brand ‘OneCircle Champion’<sup>TM</sup> celebrates the entrepreneurial spirit of PoSPs who strive for excellence by understanding customer needs, offering the right advice and solutions, thereby building a strong local customer community.</em>”</p>



<p class="wp-block-paragraph"><strong>Shobhit Gandhi, Co-Founder &amp; Chief Financial Officer, OneCircle Insurance Brokers Private Limited</strong>, said, “<em>Our market surveys and stakeholder discussions revealed significant gaps in customer awareness of insurance providers, product options, and policy terms and conditions. At OneCircle Insurance Brokers, we aim to bridge this gap and increase insurance penetration by offering in-person advice to customers through our ‘OneCircle Champion’TM with the use of technology, which is seamless, transparent, and secure for our customers.</em>”</p>



<p class="wp-block-paragraph">OneCircle Insurance Brokers plans to expand to other geographies, offering more insurance products and increasing insurance company partnerships in the next few months.</p>
<p>The post <a href="https://nrinews24x7.com/how-accessible-insurance-programs-are-empowering-tier-2-to-4-cities/">How Accessible Insurance Programs are Empowering Tier 2 to 4 Cities</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>ICICI Lombard Expands Micro-Office Network: A Step Towards Enhanced Insurance Accessibility</title>
		<link>https://nrinews24x7.com/icici-lombard-expands-micro-office-network-a-step-towards-enhanced-insurance-accessibility/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 25 Nov 2025 20:17:13 +0000</pubDate>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Micro]]></category>
		<category><![CDATA[network]]></category>
		<category><![CDATA[Office]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=179971</guid>

					<description><![CDATA[<p>New micro-offices launched in Guwahati, Patna, Vapi, Nashik, Pune &#38; Dehradun PUNE: ICICI Lombard General Insurance, one of India’s leading private general insurers, has expanded its nationwide footprint with the launch of new micro-offices across Bongaigaon (Guwahati), Dharampur (Vapi), Hajipur (Patna), Kalwan &#38; Sinnar (Nashik), Katraj &#38; Rajgurunagar (Pune), and VikasNagar (Dehradun). With this, the company [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/icici-lombard-expands-micro-office-network-a-step-towards-enhanced-insurance-accessibility/">ICICI Lombard Expands Micro-Office Network: A Step Towards Enhanced Insurance Accessibility</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em>New micro-offices launched in Guwahati, Patna, Vapi, Nashik, Pune &amp; Dehradun</em></p>



<p class="wp-block-paragraph"><strong>PUNE:</strong> ICICI Lombard General Insurance, one of India’s leading private general insurers, has expanded its nationwide footprint with the launch of new micro-offices across Bongaigaon (Guwahati), Dharampur (Vapi), Hajipur (Patna), Kalwan &amp; Sinnar (Nashik), Katraj &amp; Rajgurunagar (Pune), and VikasNagar (Dehradun). With this, the company further strengthens its network of over 100 micro-offices across the country. This strategic expansion underscores ICICI Lombard’s commitment to enhancing insurance access for customers in semi-urban, rural, and underserved regions.</p>



<p class="wp-block-paragraph">The micro-office model is designed to bring the company closer to its customers and partners, offering a compact, agile, and community-centric service presence. These offices will enhance last-mile connectivity, support deeper engagement with local markets, and enable the development of tailored insurance solutions that reflect the unique needs of each region. By facilitating timely assistance and fostering trust-based relationships, the micro-offices serve as an important lever in driving insurance penetration.</p>



<p class="wp-block-paragraph">Commenting on the expansion, <strong>Anand Singhi, Chief – Retail and Government, ICICI Lombard</strong>, said, <em>“The expansion of our micro-office network reflects our commitment to deepening insurance access in a manner that is both meaningful and locally relevant. These offices represent a strategic shift towards being present where our customers live, work, and make financial decisions. By strengthening our on-ground engagement, we are equipping our agents, empowering communities with better awareness,</em> and ensuring that quality protection is available with greater convenience and trust. As India’s growth markets evolve, proximity and personalised service will define the next frontier of customer expectations, and we are determined to lead that journey with agility, innovation,<em> and purpose.”</em></p>



<p class="wp-block-paragraph">Aligned with the theme ‘Trust &amp; Safety, Now within your reach,’ the micro-office network brings together ICICI Lombard’s nationwide capabilities with hyper-local relevance. The initiative supports greater awareness, education, and personalised service delivery in markets where relationships and on-ground presence significantly influence financial decisions. It also reinforces the company’s commitment to the IRDAI’s vision of ‘Insurance for All by 2047’.</p>
<p>The post <a href="https://nrinews24x7.com/icici-lombard-expands-micro-office-network-a-step-towards-enhanced-insurance-accessibility/">ICICI Lombard Expands Micro-Office Network: A Step Towards Enhanced Insurance Accessibility</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>SBI Life Insurance Achieves New Business Premium of ₹18,349 Crores by September 30, 2025</title>
		<link>https://nrinews24x7.com/sbi-life-insurance-achieves-new-business-premium-of-%e2%82%b918349-crores-by-september-30-2025/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Fri, 24 Oct 2025 16:23:04 +0000</pubDate>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Finace]]></category>
		<category><![CDATA[life]]></category>
		<category><![CDATA[Premium]]></category>
		<category><![CDATA[SBI]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=179550</guid>

					<description><![CDATA[<p>INDIA: SBI Life Insurance, one of the leading life insurers in the country, registered a New Business Premium of ₹18,349 crores for the period ended on 30th September, 2025, vis-à-vis ₹15,725 crores for the period ended 30th September, 2024. Regular premium has increased by 10% over the corresponding period ended on 30th September, 2024. Establishing a clear focus on protection, [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/sbi-life-insurance-achieves-new-business-premium-of-%e2%82%b918349-crores-by-september-30-2025/">SBI Life Insurance Achieves New Business Premium of ₹18,349 Crores by September 30, 2025</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>INDIA:</strong> SBI Life Insurance, one of the leading life insurers in the country, registered a New Business Premium of ₹18,349 crores for the period ended on 30<sup>th</sup> September, 2025, vis-à-vis ₹15,725 crores for the period ended 30<sup>th</sup> September, 2024. Regular premium has increased by 10% over the corresponding period ended on 30<sup>th</sup> September, 2024.</p>



<p class="wp-block-paragraph">Establishing a clear focus on protection, SBI Life’s protection new business premium stood at&nbsp;₹2,211 crores for the period ended September 30, 2025, marking a growth of 29%. Protection Individual new business premium stands at&nbsp;₹371 crores for the period ended September 30, 2025. Individual New Business Premium stands at&nbsp;₹12,175 crores with 6% growth over the corresponding period ended on 30<sup>th</sup>&nbsp;September, 2024.</p>



<p class="wp-block-paragraph">SBI Life’s profit after tax stands at ₹1,089 crores for the period ended September 30, 2025, with a growth of 4% over the corresponding period ended on September 30, 2024.</p>



<p class="wp-block-paragraph">The company’s solvency ratio continues to remain robust at 1.94 as of September 30, 2025, as against the regulatory requirement of 1.50.</p>



<p class="wp-block-paragraph">SBI Life’s AUM also continued to grow at 10% to ₹4,81,465 crores as on September 30, 202,5, from ₹4,38,954 crores as on September 30, 2024, with the debt-equity mix of 60:40. 95% of the debt investments are in AAA and Sovereign instruments.</p>



<p class="wp-block-paragraph">The company has a diversified distribution network of 343,543 trained insurance professionals and a wide presence with 1,154 offices across the country, comprising of strong bancassurance channel, agency channel, and others, comprising corporate agents, brokers, Point of sale persons (POS), insurance marketing firms, web aggregators, and direct business.</p>



<p class="wp-block-paragraph"><strong>Performance for the period ended September 30, 2025</strong></p>



<ul class="wp-block-list">
<li><em>Private Market leadership in Individual New Business Premium &amp; Individual Rated Premium with market share of 25.4% &amp; 22.6% respectively.</em></li>



<li><em>Annualized Premium Equivalent (APE) stands at </em>₹<em>9,917 crores with growth of 10%.</em></li>



<li><em>Total New Business sum assured stands at ₹7,11,739 crores with 99% growth.</em></li>



<li><em>Improvement in 13M persistency by 70 bps</em></li>



<li><em>Value of New Business (VoNB) stands at </em>₹<em>2,753 crores with a growth of 14%.</em></li>



<li><em>VoNB Margin stands at 27.8%.</em></li>



<li><em>Indian Embedded value (IEV) stands at ₹75,997 crores with a growth of 15%.</em></li>



<li><em>Profit After Tax (PAT) stands at </em>₹<em>1,089 crores with 4% growth.</em></li>



<li><em>Robust Solvency ratio of 1.94.</em></li>



<li><em>Assets under Management stand at </em>₹<em>4,81,465 crores with 10% growth.</em></li>



<li><em>Operating return on embedded value stands at 17.6%.</em></li>
</ul>



<p class="wp-block-paragraph"><strong>Disclaimer</strong>: </p>



<p class="has-small-font-size wp-block-paragraph">Except for the historical information contained herein, statements in this release that contain words or phrases such as &#8216;will&#8217;, ‘expected to’, etc., and similar expressions or variations of such expressions may constitute &#8216;forward-looking statements&#8217;. These forward-looking statements involve several risks, uncertainties, and other factors that could cause actual results, opportunities, and growth potential to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the actual growth in demand for insurance and other financial products and services in the countries that we operate or where a material number of our customers reside, our ability to successfully implement our strategy, including our use of the Internet and other technology our exploration of merger and acquisition opportunities, our ability to integrate mergers or acquisitions into our operations and manage the risks associated with such acquisitions to achieve our strategic and financial objectives, our growth and expansion in domestic and overseas markets, technological changes, our ability to market new products, the outcome of any legal, tax or regulatory proceedings in India and in other jurisdictions we are or become a party to, the future impact of new accounting standards, our ability to implement our dividend policy, the impact of changes in insurance regulations and other regulatory changes in India and other jurisdictions on us. SBI Life Insurance Company Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.</p>



<p class="has-small-font-size wp-block-paragraph">This release does not constitute an offer of securities.</p>
<p>The post <a href="https://nrinews24x7.com/sbi-life-insurance-achieves-new-business-premium-of-%e2%82%b918349-crores-by-september-30-2025/">SBI Life Insurance Achieves New Business Premium of ₹18,349 Crores by September 30, 2025</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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