Government permits 100% FDI in the insurance sector while retaining a 20% foreign investment cap in LIC, signalling reform with…
Life insurance industry posts 16% growth in FY26 with NBP at ₹4.6 lakh crore, driven by GST exemption on policies…
Nomura favours Piramal over L&T Finance among NBFCs amid Middle East crisis—discover which stocks could benefit as tensions shift.
The industry has been registering high double-digit growth since the government exempted individual life insurance policies such as term life…
The PM RAHAT Scheme offers up to Rs 1.5 lakh cashless treatment for seven days to eligible road accident victims.…
LIC posted a 17 per cent YoY rise in Q3 FY26 profit as premium income, new business, and margins improved…
‘This quarter itself, our loan growth is 14.7%. Corporate credit, which was relatively muted in Q1 and Q2, picked up…
These measures would help boost insurance penetration, channel long-term savings into annuity and retirement products, and encourage wider adoption of…
Iyer stated that the regulator aims for the industry to reduce costs at all stages of the insurance life cycle.…
Motilal Oswal sees Canara HSBC Life Insurance as a multibagger with 23% upside—discover why this life insurer could outperform; read…
India’s insurance sector is entering a more mature phase as reforms improve transparency, trust, and protection-led growth, reshaping how insurers…
With this transaction, the Bajaj Group’s ownership in both insurers has risen to 97% from 74%, while Bajaj Finserv now…
The non-life insurance industry reported a 14% year-on-year (y-o-y) increase in gross direct premium income to Rs 28,446.82 crore in…
Insurers had been claiming ITC on distribution commissions, reinsurance, promotional spends and operational expenses. However, they can no longer claim…
India’s life insurance penetration fell to 2.7% of GDP in FY25, marking its third consecutive year of decline despite a…
There is much to be learnt for the insurance sector, particularly by the private sector insurers, from endeavours like the…
Among standalone health insurers, Niva Bupa saw the highest jump (67%) in premium collection to ₹687.77 crore while Aditya Birla’s…
Individual premium collections remained largely steady at ₹930 crore, compared with ₹915 crore in the year-ago period.