Lapse Ratio % of Individual Non Linked Policies over last 9 Years

YThe lapse ratio refers to the percentage of insurance policies that are terminated or canceled by policyholders before the end of their policy term. The lapse ratio is calculated by dividing the number of policies ...

Merit list of change in Persistency Over last 8 years in Life insurance companies in last 8 years

•Persistency shows the quality of the business procured by the life insurance company. % change in persistency over the last 8 years shows the movement of companies in either direction•A drop in persistency over ...

Persistency track record of Life Insurance companies at 61st Month

•Persistency is the measure of the ability of an insurance company to retain its policyholders over a specific period of time. •The persistency rate is the percentage of policies that are renewed or remain in forc...

Operating Expenses of Life Insurance Companies

•Operating expenses are the costs incurred by a company to maintain its operations, such as salaries, rent, utilities, and other expenses necessary to run the business.•Operating expenses are subtracted from a com...

Insurance Penetration in the World

• Insurance penetration refers to the ratio of insurance premiums to Gross Domestic Product (GDP) of a country, and it is an important indicator of the level of insurance coverage in a country. Why the study of ...

World Density of Insurance FY 2021-22

• Insurance density is a measure of the average amount of insurance premiums paid per person in a given population, usually measured on a per capita basis. It is an important indicator of the level of insurance ...

Solvency Margin of Life insurance Companies in India

• The solvency margin of an insurance company refers to the excess of its assets over its liabilities• It is an important indicator of the financial strength and ability of the company to meet its obligations....

Life insurance distribution the World over

Life insurance distribution worldwide has its interesting quirks and preferences. Let's take a closer look while adding a touch of fun to the serious topic!Meet the affiliate agents, those loyal representatives who ...

Per capita premiums and % GDP analysis

Welcome, insurance managers, to the fascinating world of per capita premiums and % GDP analysis! Prepare for a data-driven adventure that unveils insights about the insurance industry across countries. Let's dive in...

The Thrilling World of Premium Volumes: Top 10 Countries (2019-20)

Welcome to the realm of premium volumes, where the global stage is set for fierce competition among countries. Get ready to witness the powerhouses that dominate the insurance industry. Hold on to your seats as w...

Unveiling the Financial Dance: GVA and Domestic Saving in India (2021-22)

Let's embark on a journey to unravel the fascinating world of GVA and domestic saving in India. GVA, short for Gross Value Added, is a nifty metric that measures the economic value generated by specific sectors, ...

Unveiling the Gender Distribution of Insurance Agents: Breaking Stereotypes with a Splash of Diversity

Let's dive into the fascinating world of insurance advisors' gender distribution. In LIC of India, a whopping 74% of agents are male, while in the Pvt Life insurance industry, it's slightly lower at 67%. On the ot...

Termination Statistics of Insurance Agents for last 10 years

In the last 10 years,30.86 Lakhs agents were terminated in LIC of India and 33.03 Lakhs agents were terminated from Pvt Life Insurance Industry. On the other hand, 31.34 Lakhs agents were recruited by LIC of India, ...

Shattering the Silence: Wrestlers' Protest Unveils India's Alarming Reality

Introduction : India, a nation known for its rich cultural heritage and diversity, is grappling with a dark reality—sexual harassment and violence against women. The recent protest by wrestlers against sexual ha...

Unlocking your Child’s Potential : The Transformative Power of Purposeful Career Guidance

Making the right career choice for our children after they have passed their SSC Exams is one of the most crucial decisions for parents. It is essential to approach this decision with utmost seriousness and consid...