The regulator has proposed permitting insurers to invest a portion of surplus shareholders' funds in eligible private companies while tightening promoter-group exposure norms
The regulator has proposed a transition framework for existing third-party administrators, along with an annual fee mechanism under the SBSR Act regime
The working group will guide insurers on AI adoption, governance and oversight while ensuring policyholder interests and data protection remain safeguarded
Industry executives expect war-risk insurance rates to soften further if the US-Iran agreement leads to sustained reopening of the Strait of Hormuz and lower regional tensions
The insurer clarified that the use of E20 fuel does not affect the validity of motor insurance policies and will not be treated as negligence while assessing claims
Industry premium growth moderated to 5.1 per cent in May as group single premiums normalised and LIC's growth slowed, though private insurers continued to gain market share
Improved loss experience and rising competition among reinsurers are strengthening insurers' negotiating position during ongoing crop insurance renewals
Industry NBP rose 5.15 per cent year-on-year in May, with weak growth in group insurance premiums weighing on both LIC and private-sector life insurers
Gross direct premium underwritten by non-life insurers rose to Rs 24,194.56 crore in May, supported by steady growth in general insurance and strong gains in health insurance
Gross premiums underwritten by IFSC Insurance Offices in GIFT City rose fourfold in FY26, driven by rapid expansion in reinsurance business and a doubling of insurance entities
Health insurance is driving a surge in insurance complaints, with grievance filings rising sharply despite the segment accounting for a relatively small share of premiums
Insurers are increasingly shifting to bond forwards linked to state development loans, attracted by higher yields and the RBI's new framework for managing interest-rate risk
Share of policies above Rs 2 crore jumps to 34 per cent in FY26 from 24 per cent in FY25, as cheaper premiums prompt Indians to reassess coverage needs
Irdai's revised compensation norms linking executive pay to customer outcomes and compliance metrics have sparked concerns over growing regulatory intervention
As extreme heat damages yields, quality and farm incomes without triggering formal crop failure, experts say India's insurance system is struggling to adapt to climate reality
