Insurance

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?

Collect evidence at accident site, file FIR, avoid hasty settlements, and file MACT claim against driver and registered owner

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

The Supreme Court has proposed stricter measures to tackle the growing number of uninsured vehicles on Indian roads. From automatic e-challans using technology to a possible pilot

In a significant verdict, the Supreme Court on Tuesday took serious note of a large number of vehicles plying without third-party insurance cover and directed the Centre to evolve a pilot project by which fuel for vehicles can be refused at petrol pumps until valid insurance is obtained. The top court took note of the number of road accidents on national highways and also the effect of long queues at toll plazas, and directed the Centre to implement pilot projects on certain corridors, substituting the process of stopping at toll plazas with automatic detection of vehicles passing through toll points. A bench of Justices Sanjay Karol and Prashant Kumar Mishra, which flagged the lack of compliance of provisions of the Motor Vehicles Act requiring all vehicles to have a valid insurance policy covering third parties, said it is shocking to learn that nearly 56 per cent of vehicles plying on Indian roads remain uninsured according to the Report of the Standing Committee on Finance ...

Combine a robust base health plan with a super top-up, critical illness cover and a dedicated medical corpus to protect household finances from soaring treatment costs

Ajay Seth says deceptive digital practices erode consumer trust and urges insurers to improve transparency, informed consent and customer-first design across online platforms

War-risk insurance premiums on Gulf shipping routes have surged amid renewed West Asia tensions, raising costs for vessels avoiding high-risk corridors

Do not get into investment-linked insurance plans until you have cleared the basic hurdles of protection

Your protection premium (health plus term) should not exceed 5-8% of your annual income

RBI's Financial Inclusion Index improved to 70 in FY26 from 67 a year earlier, driven mainly by higher usage, while all three sub-indices registered growth

The insurer says its decade-long bancassurance partnership with Standard Chartered remains strong despite speculation following Prudential Plc's Bharti AXA Life acquisition

India's 100% FDI regime for insurance opens the sector to global players, but faster approvals, stronger oversight and AI safeguards will determine its long-term success

US insurer Nationwide has opened its Global Services Center in Hyderabad, expanding its global footprint and strengthening technology, engineering and business capabilities

Vishal Gupta, part of PhonePe's founding team, has stepped down as the fintech integrates its insurance business with its consumer payments business

The insurance regulator is expected to propose staggered commission payouts over the life of a policy and link remuneration to advisory and after-sales services

GIC Re chief Hitesh Joshi outlines plans to strengthen underwriting, diversify globally, expand specialty reinsurance and capitalise on emerging risk opportunities

Irdai Chairman Ajay Seth says Bima Sugam will roll out initial motor, health and term insurance products by September-end as insurers complete technology integration with the platform

The insurer plans to focus on profitable growth by expanding retail health, fire and SME insurance while reducing exposure to intensely competitive group health business

In this session, Gaurav Banka, Chief Risk Officer, Aviva India, talks about the insurance sector and provides career tips to the B-Schoolers.