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Showing posts from March 27, 2026

India’s Life Insurers Pay ₹6.30 Lakh Crore in Benefits in FY25 To Emerge as A Pillar of Household Financial Security - Insurance Awareness Committee (IAC-Life)

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  Vijayawada, March 26, 2026: India’s life insurance sector continues to play a crucial role in protecting families and supporting long-term financial planning. According to the latest IRDAI Annual Report 2024-25, life insurers paid ₹6.30 lakh crore in total benefits during FY25. The figure testifies to the level of support that the life insurance industry provides to Indian households across life stages from protection to retirement and wealth creation. “The operational level of India’s life insurers, as evident from the key statistics of persistency, benefit payouts and the solvency thresholds underscore life insurance’s role as a household wealth reservoir that provides both liquidity and longterm stability. The fact that 92% of payouts have been toward living benefits highlights the industry's role not just as a protection provider but as a long-term financial partner that ensures financial continuity for families. Through our campaigns, we will continue to make people aware o...

East Point Industry Leadership Conclave calls for narrowing of industry-academia gap

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Designed to foster innovation, collaboration, and knowledge exchange between academia and Industry Representing global enterprises across multiple sectors, the panel brought cross-sector insights into the evolving dynamics of fresher hiring and preparing students with real-world industry challenges   Visakhapatnam, 27 March 2026   – East Point Group of Institutions recently hosted a landmark event, EPILC 2026 - the East Point Industry Leadership Conclave. This strategic gathering brought together senior executives from top global companies across sectors like banking, networking, cloud computing, semiconductor, and product engineering under one powerful theme: "Shaping the Future Workforce".     This Industry-Academia Leadership Conclave featured a high-impact panel discussion among top industry professionals, "Building Sustainable Talent Pipelines: The Role of Institutions in a Changing Workforce." The panelists delved into the structural shifts shaping long-term r...