Insurance News
Prev Next
LIC says its ITC investment is 'in interest of public welfare', seeks dismissal of PIL
24-Jun-2017 (09:53)
Insurance regulator IRDAI directs Sahara India Life Insurance to stop underwriting new business
24-Jun-2017 (09:32)
GST impact: Insurance premium, credit card bills, to get costlier
20-Jun-2017 (17:46)
LIC corners 38.67% of SBIs Rs 15,000 crore QIP
19-Jun-2017 (19:40)
Insurance Information Bureau plans central data base of insurance agents
19-Jun-2017 (09:37)
Kotak Mahindra Bank acquire 26% of shares from Old Mutual Plc in insurance arm gets CCI nod
16-Jun-2017 (19:25)
Private life insurance companies drive industry's growth in May
15-Jun-2017 (09:47)
Life Insurance Companies New Business Premium jump 11% in May
13-Jun-2017 (09:54)

The total new business premium of life insurance companies stood at Rs 11,801 crore during May this year when compared with Rs 10,610 crore in May 2016, posting an increase of 11 per cent.

State-owned LIC continued to sustain its growth momentum with 14 per cent rise in its new premium at Rs 8,407 crore (Rs 7,362 crore in May 2016), according to the data collected by the Insurance Regulatory and Development Authority of India.

The total new premium collected by all private insurers grew by just four per cent at Rs 3,394 crore when compared with Rs 3,248 crore in May 2016.

But, ICICI Prudential Life, which topped the table among the private life insurers, and HDFC Standard Life reported strong growth during the month.

ICICI Prudential Life's saw a whopping 88 per cent growth in its first year premium income at Rs 727 crore during the month when compared with Rs 387 crore.

HDFC Standard Life mopped up new business premium of Rs 604 crore as against Rs 503 crore in a year ago month.

SBI Life reported a significant drop at Rs 576 crore when compared with Rs 842 crore in May 2016.

Other life insurers who reported growth during May include Kotak Mahindra Old Mutual Life, which reported a new premium of Rs 210 crore (Rs 198 crore) and Max Life, which saw its new premium jump 16 per cent at Rs 197 crore, among others.

The cumulative new business premium during April-May 2017 of all life insurers stood at Rs 18,788 crore as against Rs 18,583 crore in the year ago period.
IRDAI takes over management of Sahara Life Insurance; appoints R K Sharma as administrator
13-Jun-2017 (09:35)
Reliance General Insurance IPO by FY18-end
12-Jun-2017 (16:59)
LIC settles 99.92 per cent of death claim cases, sets record high
12-Jun-2017 (09:58)
UK-based Standard Life pushes for listing of HDFC Life Insurance
10-Jun-2017 (09:56)
IRDAI reaffirms original position on HDFC Life - Max Life Insurance merger
08-Jun-2017 (18:55)
Max Life, HDFC Life Insurance 'committed to merger', weighing options
08-Jun-2017 (12:51)
Connect with us :   
About us
Our Services
Core Values
Investor Relations
Product & Services
Institutional Broking
Clearing Services
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
Back Office
Back Office
KYC/KDC Status
Mutual Fund
RMS Policy
Download Forms
Useful Links
Exchange Holidays
Policies, Procedures, Rights, Obligations and RDD
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language
In case of any grievances pleae write to / (For Trading) (For DP) (For PMS) (For Commodities)
SEBI Regn. No. NSE.:INB/INF/INE 230663732, TM No.:06637, Clearing No.- M50302 | SEBI Regn. No. BSE.:INB/INF/INE 010663731, Clearing No.- 3179 | SEBI Regn No. MSEI :INB/F 260663738, INE 260663732, TM Code-1004, Clearing Member Code- 4 | USE SEBI Regn no. - INE 270663732 , CM code: 06637 | SEBI Regn for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | Research Analysts Regn No. INH100001187 | PMS Regn No. INP000002361
* Through subsidiary Globe Commodities Ltd. --> Commodity Membership No.: NCDEX- FMC Regn. No. NCDEX/TCM/CORP/0004, TM Code-00012 | MCX- FMC Regn. No. MCX/TCM/CORP/0628, CM Code-8550 | ICEX- FMC Regn. No. ICEX/TCM/CORP/0011, TM Code- 1009 | NMCE- FMC Regn. No. NMCE/TCM/CORP/0018, TM Code-CL0111 | ACE - FMC Registration no.- ACEL/TCM/CORP/0163, TM code- 4001 | UCX FMC Regn. No.: UCX/TCM?CORP/0014, TM Code- 10014 | NCDEX Spot Exchange Membership no.- NCDEXSPOT-CR-07-10011
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2008 Certified) Privacy Policy Disclaimer Terms and Conditions