Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Future Generali India Life Insurance declares ₹84.43 crore bonus for FY25
Future Generali India Life Insurance has declared a bonus of Rs 84.43 crore for its eligible policyholders for the financial year 2025. This is a significant announcement for the company's participating policyholders, as it represents a share in the profits of the company. A bonus is typically declared annually for traditional life insurance policies, such as endowment and money-back plans. This payout will be added to the policyholders' benefits, either as a terminal bonus at the time of maturity or as a reversionary bonus that accrues each year. The declaration of a substantial bonus is a positive indicator of the company's financial health and its investment performance. It also serves as a key feature to attract and retain customers in the competitive life insurance market by enhancing the returns on their policies.