State-owned insurance giant Life Insurance Corporation has emerged as the strongest and the tenth most valuable insurance brand globally. According to a report by London-based consultancy firm Brand Finance, the total value of the world's top 100 most valuable insurance brands dipped 6 per cent from $462.4 billion in 2020 to $433.0 billion in 2021. "As predicted, insurance brands have taken a hit this year as they negotiate the fallout from the pandemic - from the near standstill of the global economy and prolonged low interest rates to slowing development across the sector in general. They have, however, fared better than our initial predictions at the outbreak of last year, demonstrating...
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Having a life insurance policy is necessary to create a safety net for your family members and other dependents in case of emergencies. Mumbai, the financial capital of India, boasts a well-established insurance sector. Some of the largest insurance firms in the country are based out of the city. Mumbai records the highest amount of insurance premium collection and highest number of claims made in the country. Top 10 Life Insurance Companies in Mumbai A total of 24 life insurers operate in India. Maharashtra is by far the largest source of insurance premiums in the country. Almost one-third of overall premiums collected in the country were from Maharashtra, a large chunk of which came out...
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Top 10 Medicare Supplement Insurance Companies in 2022 Top 10 Medicare Supplement Insurance Companies in 2022 When shopping around for a Medicare Supplement (Medigap) policy in 2022, it’s helpful to be familiar with the top 10 Medicare insurance companies. Whether you’re new to Medicare or are now considering supplemental coverage a few years after enrolling, we provide the information you need to make the best decision possible. For a Medigap insurance company to be considered the best, we consider several elements. This includes consumer reports, AM Best rating, Standard and Poor (S&P) rating, and the company’s number of years in the market. Knowing about a carrier’s reputation will...
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Life is the most unpredictable and uncertain when it comes to accidents and mishappenings. The death of a family member or someone close leaves the family in a financial and emotional crisis. Life insurance is the best way to keep the life on track even after a major earning hand of the family dies. In that case, the best way to secure the potential crisis from distorting lives is to get yourself insured with the best insurance company available. In short, a provided sum of money of the policyholder is handed over to the family in his name. In India, the Insurance Regulatory and Development Authority of India (IRDAI) has approved 24 companies to operate. Listed below are the top 10...
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Life insurance business is rapidly expanding in Nepal. More than 27 percent of the population is already covered by the life insurance. At current, there are 19 life insurance companies in Nepal. However, the major market share of the life insurance business is captured by the few life insurance companies. Nepal Life Insurance almost covers 27.15 percent share of the total life insurance business in Nepal. Likewise, LIC Nepal has approximately 14.17 percent market share in Nepal. In terms of business volume generated over the years, we have classified the top five life insurance companies of Nepal. They are: 1. Nepal Life Insurance (NLIC) 2. Life Insurance Corporation (LIC) Nepal 3....
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Getting life insurance cover has been a necessity since the start of the 21st century. Today, you need to have life insurance or business insurance to qualify for a number of loans. This shows how important life insurance is and getting one simply shows how responsible you are. This article will look at companies we consider to provide the best life insurance in South Africa. In coming up with this list we considered a number of factors including but not limited to premiums, payouts, and customer service. 10 Best Life Insurance Cover in South Africa for 2022 Best Life Insurance Covers in South Africa 2022 What is Life Insurance? A life insurance policy is an agreement between an insurance...
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There’s more room for growth in the insurance industry than ever before. As consumers are seeking medical, home, and vehicle coverage, there is a growth in opportunity whether you’re a licensed professional or an industry newcomer. The even greater news is that many companies are hiring insurance professionals to work remotely. If you’re seeking a better work-life balance, these 10 companies commonly hire on FlexJobs for remote insurance jobs. FlexJobs is the longtime leader in helping job seekers find the highest-quality remote, work-from-home, hybrid, and flexible jobs. You can sign up for premium-level access to our database of hand-screened job listings, as well as job...
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Key Events That Made LIC The Largest And Most Valued Life Insurance Company In India LIC is India’s most recognised brand and also the biggest life insurance company. Here are the key events that led to LIC being what it is today. Key Events That Made LIC The Largest And Most Valued Life Insurance Company In India A Shadowy Hand: Kashmir’s Tryst With Horror Hallucinations? Fear? Rumours? In the Valley and beyond, people keep finding threats from the unknown Meet The Desi Ghostbusters With its overload of superstition, myths, ghosts and evil spirits, the Indian market for ghost hunters is niche. But social media may have finally given it wings Of Aflatoons And Djinns Bad djinns may offer...
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Many South Africans do not enjoy exploring the topic of indemnity. As a result, indemnity companies have been conducting mass education on the importance of securing covers through advertisements in the media. What will you do in the case of fires, accidents, or floods? While everyone hopes that such tragedies do not occur, it is essential to be on the safe side. Hence, it is important to secure your assets with the best insurance companies in South Africa. A graphical illustration of what indemnity organisations do. Photo: pixabay.com Indemnity is a safety net that shields you from uncertain losses. Numerous indemnity companies in South Africa are operational. However, while some are...
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Top Insurance Companies in America The following is our ranking of the top 10 insurance companies in the United States. Berkshire Hathaway Inc is the largest U.S. insurer in terms of total assets. It provides a wide array of property & casualty insurance and reinsurance services through numerous subsidiaries. GEICO, the leading insurance subsidiary of Berkshire, is one of the biggest auto insurers in the nation with over 17 million auto policies in force and about 29 million insured vehicles. It is also one of the highest-ranking auto insurance brands based on customer satisfaction index according to JD Power. Prudential Financial, headquartered in Newark, New Jersey, is the second...
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