Public-sector general insurers saw underwriting losses rise 58.3 per cent, while private general insurers recorded an 18.9 per cent increase and standalone health insurers a 63 per cent jump
LIC's new business premium rose 45.26 per cent in August, while private insurers recorded nearly 20 per cent growth, lifting the industry's overall premium mobilisation
Oriental Insurance has covered around 100 Ganpati pandals this year, up from 20-30 last year, as organisers seek protection against calamities and accidents
From policy and claims records to intermediary and grievance data, Irdai's proposal sets out what the registry could connect and how access would be controlled
Proposed registry will provide an interoperable access layer to verified insurance data, helping streamline policy servicing, claims and regulatory oversight
Fire insurance premiums fell 28.5 per cent YoY in April-July as steep discounts and strong reinsurance capacity intensified competition and raised profitability concerns
The company said IndiaFirst Life is likely to revisit its IPO plans after regulatory approval for BNP Paribas Cardif's stake acquisition and the new shareholder structure is in place
Regulator's action on EOM breaches signals tighter scrutiny of operating and distribution costs, though experts expect limited short-term business impact
Life insurance surrenders have surged, with early exits concentrated in the first two years. Why are policyholders leaving policies early despite tighter disclosure and suitability rules?
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
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
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.
Legal experts say the revised regulations could require more insurance share transfers to seek prior regulatory approval, despite higher thresholds under the SBSR Act
Insurance body says the advisory follows ICMR and health ministry guidelines, aims to curb unnecessary hospital admissions and does not restrict doctors' clinical autonomy
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 regulator has mandated greater sales traceability and disclosures for intermediaries while allowing insurers more flexibility in investment across select asset classes
