IRDAI

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

Regulator's action on EOM breaches signals tighter scrutiny of operating and distribution costs, though experts expect limited short-term business impact

Medical inflation of roughly 12% to 14% a ​year puts pressure on families and prompts authorities to hunt ways to standardise pricing and ‌coverage

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?

Rising life insurance policy surrenders highlight weak policy persistency, underscoring the need for reforms focused on better products, sales practices and consumer retention

The court has proposed linking fuel purchases, number-plate cameras and police enforcement to insurance databases as 56 per cent of vehicles in India remain uninsured

Legal experts say the revised regulations could require more insurance share transfers to seek prior regulatory approval, despite higher thresholds under the SBSR Act

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 board approved Bajaj Finserv's entry into reinsurance, subject to Irdai approval, as competition intensifies in a market long dominated by GIC Re

The regulator has mandated greater sales traceability and disclosures for intermediaries while allowing insurers more flexibility in investment across select asset classes

Regulator clears acquisition of Magma General Insurance from Sanoti Properties, with Patanjali to acquire a 73.56% stake and DS Group 24.50%

Regulator also approves reforms covering investment norms, intermediary registration, capital raising, governance and policyholder protection measures

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

Dark patterns continue to influence online consumer decisions, with a study finding 95% of listed firms use them. Sebi and Irdai are stepping up action to curb deceptive practices

The central bank has proposed a one-time approval mechanism for mutual funds, insurers and pension funds to acquire major shareholding in banks, replacing repeated approvals

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

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

The Prudential-HCL Group joint venture becomes India's eighth standalone health insurer, with the regulator issuing its third registration of calendar year 2026