Insurance Industry

Insurance intermediaries with high commissions may see payouts drop

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

Robust growth, valuations to drive gains for general insurance companies

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

Travel insurance: If an airline cancels a flight, it pays, not the insurer

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

Irdai asks insurers for customer-centricity, stricter grievance compliance

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

Govt, industry need to act on new age risks: General Insurance CEOs

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

Insurance industry seeks stability amid regulatory and tax turbulence

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

DPDP norms nudge insurance firms to boost tech systems, consent frameworks

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

80% of Indians with disabilities lack health insurance, warns NCPEDP

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

High claims, low payouts: Why India's health insurance cover isn't enough

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

Mahindra, Manulife to set up 50:50 JV for life insurance in India

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' new business premium rises 12% in October on GST relief

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

Pent-up demand boosted retail health insurance segment in October

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

Policyholders' views needed to make rules: Irdai Chariman Ajay Seth

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

Kshema General Insurance to receive $20 million capital infusion from GCF

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.

As insurance regulator, I have an open mind: Irdai Chairman Ajay Seth

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

BS BFSI Summit: Bima Sugam to transform insurance sector, says industry

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

PB Fintech share zooms 5% on robust Q2 insurance growth; buy, sell or hold?

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

Reliance General aims to double health insurance business in 3-4 years

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

Allianz appoints Ritu Arora as country head for India effective immediately

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

Life insurers' new business premium rises 14.8% in September 2025

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