Insurance Sector

LIC reported a 23 per cent rise in fourth-quarter profit on higher premium and investment income, while FY26 profit touched a record Rs 57,419 crore

Regulator's action follows unmet 'expense of management' targets

Anand Roy talks regarding its ambitious plans to focus on tier II and tier III cities, the rising role of artificial intelligence, and security measures after the data breach incident

Experts said lack of a strong bancassurance or agency network could remain a structural hurdle for Bharti Life Insurance, even as Prudential brings capital strength and experience in India

Irdai said fresh regulations and amendments to existing insurance norms will be completed within six months of implementing the amended insurance law framework

SBI Managing Director Ashwini Tewari says insurance firms should prioritise protection products over ULIPs and calls for stronger safeguards against mis-selling

Zero GST on retail health insurance boosts affordability, driving a sharp shift toward high-value policies as rising medical costs push demand for larger coverage

Chubb, Old Mutual, Tiger Global Management, and Bain Capital are assessing India opportunities

Canara HSBC Life Insurance plans to reduce reliance on Canara Bank as it scales alternate distribution channels and sustains growth momentum

Rising geopolitical tensions are driving higher premiums, tighter underwriting and reinsurance costs, making risk pricing a structural shift for India's insurance sector

India's white-collar hiring grew by 6 per cent year-on-year in April this fiscal, mainly driven by insurance, BPO/ITeS, and real estate sectors, according to a report released on Friday. Insurance led the sectoral hiring by registering 21 per cent year-on-year growth, followed by BPO/ITES (15 per cent), real estate (12 per cent), healthcare (11 per cent), and education (9 per cent), according to the Naukri JobSpeak Index report. However, telecom and banking sectors continued their four-month decline, falling to 11 per cent and 10 per cent, respectively, in April, while IT, pharma and auto remained largely flat, the report said. Even hiring in the Global Capability Centre (GCC) witnessed a 4 per cent dip in April, it added. The Naukri JobSpeak Index report is a monthly index that tracks trends in India's job market and hiring activities. When it came to geographies, among the top metros, southern cities dominated the trajectory, with Hyderabad recording 12 per cent growth, followed

Irdai's 'Insurance for All by 2047' vision aims universal coverage, but falling penetration, rural access gaps and affordability challenges raise questions over achieving the target

SBI General targets 10% private market share, banking on retail growth and disciplined underwriting despite pricing pressures and rising acquisition costs

Irdai Chairman Ajay Seth advocates smart regulation and deregulation to balance compliance with growth and strengthen economic activity in India

SBI Life Insurance reported a marginal decline in Q4 FY26 profit, while premium income rose 16 per cent year-on-year amid improved demand and evolving product mix

Life insurance stocks decline after DFS suggests banks avoid exclusive tie-ups, raising concerns over bancassurance models and potential impact on costs and margins

As India's insurance sector evolves, experts call for a dedicated parliamentary panel to address emerging risks, consumer protection and regulatory gaps

Insurance companies have shared the data on distributor commissions with Irdai as the regulator reviews distribution models amid concerns over high costs but are yet to get a response

The insurer's profit after tax rose to 5.47 billion rupees ($58.55 ​million) for the three months ‌ended ​March 31, ‌from 5.10 billion rupees ‌a year ‌earlier

GST-led input tax credit loss and weak equity markets may weigh on insurers' Q4 FY26 profitability, with life insurers facing sharper impact while general insurers see demand support