Insurance Industry

Currently, 50 per cent of life insurance investment is allocated to government securities and the balance 50 per cent to other alternative investments

he insurance industry saw both positives and negatives from GST reform, with increased affordability driving growth in retail term and health, while ITC changes hit profitability

Policies typically reimburse cancellations for reasons such as medical emergencies, death of an immediate family member, or natural disasters

Irdai has raised concerns over rising complaints, urging insurers to improve grievance redressal systems, standardise classification processes

Industry leaders emphasise the need for dynamic, data-focused models and protection for new infrastructure, like EV charging stations

Regulatory shocks and withdrawal of a tax benefit slowed down growth, nudging firms to focus on affordability, efficiency and chasing more customers

Industry leaders say phased deadlines through 2027 give them time, but the compliance effort will require major process redesign

A new NCPEDP white paper reveals that most persons with disabilities in India remain uninsured, face high rejection rates and encounter discriminatory practices across public and private schemes

These concerns reflect a deeper structural challenge. India's insurance penetration remains low at 3.7 per cent of gross domestic product, roughly half the global average

The JV aims to offer long-term savings and protection solutions tailored to the diverse and growing needs of India's population, in line with India's 'insurance for all' vision by 2047

Life insurers saw a 12% YoY rise in new business premium to Rs 34,006.9 crore in October 2025, supported by GST exemption benefits and robust individual and group segment growth

According to data released by the General Insurance Council, standalone health insurers (SAHI) reported 38.3 per cent Y-o-Y growth in premiums for October, reaching ₹3,738.34 crore

Irdai Chairman Ajay Seth said the regulatory process must integrate policyholders' expectations and strengthen coordination among regulators to address overlaps and systemic financial risks

The capital received will be utilised to expand Kshema's offerings to reach a wider number of uninsured farmers and their crops, strengthening its underwriting capacity.

IRDAI chief outlines priorities on GST reforms, capital efficiency, Bima Sugam rollout, and risk-based supervision, promising orderly growth and stronger policyholder protection

Bima Sugam will unify India's insurance market, boost rural reach, and make policies more transparent and affordable, said experts

PB Fintech shares rose after the company reported a strong September quarter (Q2FY26) performance, driven by robust growth in its insurance segment.

CEO Rakesh Jain says health segment to rise to 38% of overall portfolio as GST relief boosts demand and retail health gains traction

In her role as Asia CIO, she managed investment functions across 12 countries with assets under management totalling about $50 billion, significantly boosting investments in Indian public markets

Robust group segment performance led by LIC and private players drives 14.8 per cent year-on-year growth in new business premium for life insurers