CURRENT AFFAIRS

Detailed explanation-1: -Headquartered in Mumbai, IndiaFirst Life Insurance Company Limited (IndiaFirst Life), with a paid-up share capital of ‘ 663 crore, is one of the country’s fastest growing life insurance companies.

Detailed explanation-2: -We’re happy you decided to get to know us better. Headquartered in Mumbai, IndiaFirst Life Insurance Company Limited (IndiaFirst Life), with a paid-up share capital of INR 754.37 crore, is one of the fastest growing private life insurers in India in terms of New Business IRP in Fiscal 2022.

Detailed explanation-3: -IndiaFirst Life has two large public-sector banks as shareholders, Bank of Baroda (65% stake) and Union Bank of India (9% stake) whose footprint and experience continue to fortify the value proposition it offers to all stakeholders.

Detailed explanation-4: -Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai.

Detailed explanation-5: -R. M. VISHAKHA. Vishakha RM has helmed IndiaFirst Life as its MD & CEO since March 2015.