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General insurance premium shows 'healthy' rise in June
Tue, Jul 08, 2025     Source : Economic Times
The general insurance industry reported a 5.8% year-on-year rise in gross premium income in June, driven primarily by strong growth in retail health insurance.
INSURANCE NEWS
Can I buy a group health insurance cover for my retired employees?
Mon, Jul 07, 2025     Source : Mint
It is possible to structure a group health insurance policy for your retired employees.
INSURANCE NEWS
Life Insurance Council to spend Rs.160 cr yearly on awareness drive
Thu, Jul 03, 2025     Source : Business Standard
The three-year campaign aims to bridge the protection gap and improve life insurance penetration, which fell to 2.8 per cent in FY24 despite industry premium growth
INSURANCE NEWS
Mis-selling of life cover not at alarming levels: Irdai
Thu, Jul 03, 2025     Source : Economic Times
The Insurance Regulatory and Development Authority of India (Irdai) has said that mis-selling in the life insurance sector is not at alarming levels, citing grievance data published in its annual report.
INSURANCE NEWS
Why is life insurance losing lustre as a savings scheme for India's youth?
Wed, Jul 02, 2025     Source : Business Standard
As life insurance loses share in households' financial savings, insurers are rushing to create new products, mostly in health insurance, to stay engaged with a younger demographic
INSURANCE NEWS
Experts say its time to simplify and educate to improve health insurance penetration
Sat, Jun 28, 2025     Source : Mint
On the occasion of Insurance Awareness Day, several insurance providers and experts in an exclusive conversation with ANI shared their insights on the challenges facing the insurance sector in India, espec...
INSURANCE NEWS
Irdai flags issues at 8 insurers over health master circular norms
Fri, Jun 27, 2025     Source : Business Standard
Regulator begins phased inspections of health insurers; issues linked to claims settlement and compliance with the new Health Insurance Master Circular
INSURANCE NEWS
Life insurers see the shine, seek Irdai nod to invest in gold ETFs
Fri, Jun 27, 2025     Source : Economic Times
Several life insurers have approached the Insurance Regulatory and Development Authority of India (Irdai) seeking approval to invest in gold exchange-traded funds (ETFs), according to people familiar with ...
INSURANCE NEWS
‘Health insurers yet to crack retail OPD coverage,’ says Mayank Bathwal
Wed, Jun 25, 2025     Source : Financial Express
Aditya Birla Health Insurance CEO Mayank Bathwal discusses FY25 milestones, profitability, and challenges in retail OPD coverage.
INSURANCE NEWS
Marine insurers monitoring Israel-Iran war, may have to up coverage rates
Wed, Jun 25, 2025     Source : Business Standard
In case the war escalates, insurers can cancel war risk coverage, and increase marine insurance rates
INSURANCE NEWS
Air India crash risks fueling up to 30% jump in insurance premiums
Mon, Jun 23, 2025     Source : Economic Times
Indian insurance policy sellers expect the cost of coverage for airlines to spike as much as 30% after the deadliest aviation crash in more than a decade.
INSURANCE NEWS
Centre likely to relax the board regulations for foreign insurers
Sat, Jun 21, 2025     Source : Business Standard
The official stressed that while the reforms are not intended to open the floodgates to foreign control, they signal a more welcoming approach to global participation in leadership roles
INSURANCE NEWS
Govt plans 10% hike in third-party motor insurance premium
Fri, Jun 20, 2025     Source : Economic Times
Talks to raise third-party motor insurance premiums have picked up pace again, with the ministry of road transport and highways considering an average increase of around 10%, people familiar with the matte...
INSURANCE NEWS
How to switch health insurance without losing benefits
Fri, Jun 20, 2025     Source : Mint
Insurance regulator allows you to switch health insurers without losing benefits like waiting period credits and bonuses.
INSURANCE NEWS
AIC seeks GST exemption on all rural general insurance plans
Fri, Jun 20, 2025     Source : Economic Times
India's largest rural insurer has called for the removal of the goods and services tax (GST) on all rural-focused general insurance products covering agriculture and allied risks to enhance affordability a...
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