Leading insurers cover 14 million fewer lives in FY25:

Leading insurers cover 14 million fewer lives in FY25:

Daily Current Affairs   /   Leading insurers cover 14 million fewer lives in FY25:

Change Language English Hindi

Category : Business and economics Published on: September 01 2025

Share on facebook

India’s top four life insurance companies have reported a significant drop in the number of lives insured in FY25, primarily due to a slowdown in credit-linked life insurance policies. Stress in the microfinance sector reduced loan disbursements, which in turn led to fewer new customers being brought under insurance coverage. ICICI Prudential Life Insurance covered 91.74 million lives in FY25, compared to 96.91 million in FY24, highlighting the downward trend.

Recent Post's

  • IMC 2026 starts 7 Oct at Yashobhoomi, Delhi till 10 Oct under the theme “Scale Without Boundaries” focusing on 6G, AI & advanced tech.

    Read More....

  • Air Marshal Ashutosh Dixit named next IAF Chief, takes charge 31 Oct 2026 after Amar Preet Singh.

    Read More....

  • Smriti Mandhana appointed Indian women’s cricket captain succeeding Harmanpreet Kaur.

    Read More....

  • Three High Court CJs — Sunita Agarwal, DK Upadhyaya, Aparesh Kumar Singh — appointed Supreme Court judges on 5 Oct.

    Read More....

  • Nobel Physics 2026 to Francis Halzen for IceCube Neutrino Observatory & high-energy neutrino discovery.

    Read More....

  • Cabinet approves Integrated Transport & Logistics Authority (ITLA) on 6 Oct for national transport master plan.

    Read More....

  • PLSS Chaitanya Prakash takes charge as NLCIL Director (Power) on 5 Oct till Dec 2029.

    Read More....

  • IIT Ropar launched a free AVNI app on 6 Oct for kids to learn plants & agriculture with AI.

    Read More....

  • 14th International Tourism Mart to be held in Tawang, Arunachal from 29-31 Oct 2026.

    Read More....

  • SEBI launched the “Samajh Se Investing Simple” campaign on 5 Oct to simplify investing & curb fraud.

    Read More....