Indian life and health insurers project a landmark growth year in 2026, fueled by the 18% GST exemption on individual…
Indian life insurers paid a record ₹60,800 crore in commissions in FY25, with commission growth (18%) significantly outstripping premium growth…
Cap on insurance commission will enable competitive pricing of policies.
PB Fintech, HDFC Life, and SBI Life shares were in focus after the government tabled the Insurance Amendment Bill giving…
But exclusion of composite insurance licences in the Bill shows India’s strange insistence on maintaining silos
Parliament has passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, a landmark reform that permits 100%…
Compliance mechanisms are sharpened with higher penalties, including daily fines for violations capped at ₹10 crore, and mandatory public disclosure…
For customers, this Bill’s provisions could slowly translate into more insurance companies entering India, better and more innovative insurance products,…
The government believes this move will help attract long-term global capital, increase competition, and improve services for policyholders.
The Insurance Laws (Amendment) Bill, 2025 is set to be tabled in the Lok Sabha after receiving Union Cabinet approval.…
The Cabinet also approved a new policy for auctioning coal for any industrial use and exports.
A formal Cabinet briefing on the approval is likely to take place at 4 pm today.
The Association of Healthcare Providers—India (AHPI) has warned that its member hospitals will suspend cashless services for Star Health Insurance…
Shriram Life Insurance sold 56,493 policies during the quarter ended June 30, 2023.
After its latest banking crisis, the US is having a relook at its deposit insurance ecosystem—it is even mulling over…
It is pertinent to mention that the tweaks allow an insurer to distribute other financial products as specified by and…
Lighter, transparent regulations, coupled with targeted reforms in the insurance industry, is going to be transformational.
With digitised insurance policies, banks will find it easy to give loans against such policies