Aathira Varier

Gross direct premium underwritten by non-life insurers rose to ₹31,397.6 crore in July, as growth at multi-line general insurers moderated from the previous month

Bajaj Life Insurance CEO Tarun Chugh topped India's life insurance sector with ₹33.66 crore in FY26 as Irdai tightens scrutiny of executive pay and links incentives to customer outcomes

The Supreme Court's proposed longer mandatory cover could raise upfront costs and insurer commission pressure, while doing little to address uninsured commercial vehicles

Bajaj Life CEO Tarun Chugh earned Rs 33.66 crore in FY26, more than three times the remuneration of the next-highest-paid chief executive, as regulatory scrutiny of insurer executive pay increases

Life insurers' new business premium rose 20.7% in July, led by strong growth in LIC's group business and steady expansion by private insurers

State-owned LIC reported a 23 per cent rise in Q1FY27 net profit as premium and investment income grew, while value of new business surged 61.3 per cent

S&P Global Ratings says reforms and low insurance penetration support long-term growth, but underwriting pressures and weak profitability remain key risks for insurers

Partnership will use Swiss Re's international platform to offer structured risk solutions to Indian companies

The Reserve Bank of India will soon issue draft guidelines for on-tap licensing of urban co-operative banks, setting stringent eligibility norms for credit co-operative societies seeking conversion

Shares of general insurers advanced after the Supreme Court directed the insurance regulator to consider longer Motor Third Party insurance tenures and measures to improve insurance coverage.

Indian companies filed proposals to raise $6.08 billion through external commercial borrowings and foreign currency convertible bonds in June, led by Microsoft India and Power Grid.

The proposed framework seeks to standardise loan pricing, benchmark reset dates and interest calculation practices while strengthening transparency and consumer protection

Governor Sanjay Malhotra says the RBI's revised bulk deposit framework seeks to improve transparency and standardise deposit rate disclosures without making major changes to existing norms.

The proposed framework sets capital, asset quality and governance criteria for cooperative credit societies seeking to become urban cooperative banks after a two-decade pause

Shares tumbled nearly 9% on Tuesday even as bids worth over Rs 36k cr recd; settle at an over two-month low

Legal experts say the revised regulations could require more insurance share transfers to seek prior regulatory approval, despite higher thresholds under the SBSR Act

Most claims are expected from property insurance, with motor claims likely to follow, but insurers do not expect the losses to trigger a revision in property insurance rates

The board approved Bajaj Finserv's entry into reinsurance, subject to Irdai approval, as competition intensifies in a market long dominated by GIC Re

The regulator has mandated greater sales traceability and disclosures for intermediaries while allowing insurers more flexibility in investment across select asset classes

Lender plans to deploy over 300 AI use cases in FY27 and targets Rs 40 trillion in assets under management over the next decade