Premium

Among the listed insurers, ICICI Prudential Life Insurance saw a 14.5 percent YoY decline in new premium to Rs 892.31 crore in August. HDFC Life Insurance saw a 44.7 percent YoY increase in new premium to Rs 1,903.96 crore, while SBI Life saw a 26 percent YoY growth to Rs 1,805.8 crore. … [Read more...] about Signs of normalcy: Life insurers post 15% rise in new premiums in August

Mumbai: India’s market for premium motorcycles — those priced above ₹1 lakh — crossed the 1-million-unit annual sales milestone in fiscal 2018, growing at a much quicker pace than the overall bike segment.India is the world’s biggest twowheeler market and premium bikes make up for just 5% of the overall sales. But that share is set to increase, say industry experts, as more and more buyers are looking at larger and more powerful bikes than just the mass-market commuter options.In the year ended March 31, 2018, the premium segment of bikes displacing 150 cc to 2 litres grew 20% to 1.02 million units, compared with a 14% expansion in overall market.This outperformance is a clear sign of a maturing market, say experts. Not only people are upgrading to big bikes, but the youth of today is willing to move straight to premium and highperformance bikes due to easy access of finance.Rishad Cooper, a two-wheeler expert and former editor for bikes at Autocar India, … [Read more...] about Enfield Drives Premium Bike Sales to 1 m

Ducati, the Volkswagen Group-owned Italian superbike maker, aims to sustain double-digit growth momentum in India where it sees volume growing 100% in the next 3-4 years. The iconic brand, which re-entered India in 2013, is actively expanding product portfolio and sales network as Indians increasingly lap up superbikes. Apart from introducing four new products this year, Ducati will be adding showrooms in Chennai and Hyderabad and is contemplating starting a used-bike vertical with 2,000 Ducati bikes already plying on Indian roads. India is a very strategic market for the brand and the company is investing here to be prepared for a take-off in the premium-bike market, Ducati India managing director Sergi Canovas told ET . "The premium-bike segment is not big enough, but it has a big potential to grow. India is a country with 1.3 billion population (and) can give you big scale in the future," Canovas said. "The spending power is growing, the passion for biking is amazing - it is not … [Read more...] about Ducati Gears up for Premium Take-off

Due to the COVID-19 epidemic, consumers are paying more attention to health risks, and the premium of accidental health insurance reached 15.53 billion yuan in H1, up 35.76 percent year-on-year, according to the association. … [Read more...] about China’s online property insurance premium shrinks 2.73% in H1

Max J’s tweet has an image that has 'Kebab2’ written on it. Kebab is said to be the code name for OnePlus 8T. In replies to the tweet, Max J says that OnePlus 8T Pro may not be coming. The handset is widely expected to succeed the OnePlus 8 Pro. Earlier this month, some likely specifications of OnePlus 8T surfaced on the web. As per these the ‘T’ series phone of OnePlus 8 will run on Qualcomm 865+ processor and offer 120hz refresh rate. Readers must note that OnePlus first launched ‘Pro’ variant in 2019 with OnePlus 7 series phones. The company launched two handsets — one standard and one Pro variant in both 7 as well as 7T series. While OnePlus 7 and OnePlus 7 Pro arrived in the first half of the year; OnePlus 7T and OnePlus 7T Pro came in the second half. Earlier this year too, OnePlus launched two variants of ‘8 series’ -- OnePlus 8 and OnePlus 8 Pro. Before 2019, OnePlus launched its flagship smartphone in the first half of … [Read more...] about OnePlus may ‘settle’ for change in its ‘premium strategy’