Strong demand, rise in complex treatments, GST exemption on health insurance to drive 15% growth in private hospitals: Crisil
Irdai plans major steps to lower insurance costs Revamp of distribution structures, higher disclosure, digital stack in 4-6 months Updated: February 26, 2026 06:41 IST
‘Product & channel diversification key to cut distribution costs’, says Naveen Chandra Jha , MD & CEO, SBI General Insurance Managing Director and CEO Naveen Chandra Jha discusses with Narayanan V about the segments contributing to the growth, industry’s high distribution costs and focus areas.… Updated: February 20, 2026 12:02 IST
Health insurers lift non-life premium growth in December 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… January 7, 2026 20:47 IST
Explainer: The merits of a risk-based insurance premium model The RBI has approved a landmark shift from flat-rate to risk-based deposit insurance premiums. Learn how this new framework rewards… Updated: January 5, 2026 06:53 IST
Insurers shell out Rs 1 lakh crore in commissions in FY25 Indian life insurers paid a record ₹60,800 crore in commissions in FY25, with commission growth (18%) significantly outstripping premium growth… January 1, 2026 23:52 IST
Insurance Bill to deter mis-selling Cap on insurance commission will enable competitive pricing of policies. Updated: December 20, 2025 08:01 IST
Cabinet clears Insurance Amendment Bill; FDI cap set to rise to 100%: Report A formal Cabinet briefing on the approval is likely to take place at 4 pm today. Updated: December 12, 2025 16:26 IST
IRDAI chief appeals to pvt insurers’ innovative streak with examples of impactful govt schemes There is much to be learnt for the insurance sector, particularly by the private sector insurers, from endeavours like the… Updated: November 23, 2025 22:27 IST
Explainer: How Bima Sugam can be a game-changer for insurance Nearly three years after the idea was first proposed, the Insurance Regulatory and Development Authority of India (Irdai) has taken… Updated: September 24, 2025 09:02 IST
Health and life insurance now tax-free: Know how much you save on premiums with zero GST Health and life insurance premiums no longer attract 18% GST, making policies cheaper. While policyholders will immediately benefit, experts warn… September 22, 2025 12:18 IST
Nil GST: Insurance gets 18% cheaper now, yet THESE policyholders won’t benefit – check if you are one of them From September 22, 2025, life and health insurance premiums will no longer attract 18% GST, making policies cheaper for millions.… Updated: September 22, 2025 08:00 IST
Go for rider to cover adventure sports Adventure sports like rafting, skiing, and scuba diving are often excluded from standard travel insurance. Adding a low-cost rider ensures… September 14, 2025 19:41 IST
Insurance surety bonds for NHAI contracts cross Rs 10,000 crore As India is poised to become the world’s third-largest construction market, the requirement of Bank Guarantees in the Indian Infrastructure… September 12, 2025 05:30 IST
56th GST Council Meeting: Life and health insurance premiums get full GST exemption, big relief for policyholders The move is also part of the broader GST rationalisation plan, under which the Council has tried to simplify the… September 3, 2025 23:33 IST
Lower GST without ITC may make insurance costlier: Insurers Industry leaders caution that without ITC, expenses subject to 18% GST—like office rentals and technology costs—would become stranded costs. Updated: August 19, 2025 10:36 IST
SBI Life launches ‘flexible’ term insurance with THESE unique features – Details inside SBI Life – Smart Shield Plus claims to offer “a flexible and scalable term insurance plan” that adapts seamlessly to… August 14, 2025 18:35 IST
Govt considering lower GST on LIC premium? Here’s what Finance Ministry says Minister of State in the Ministry of Finance Pankaj Choudhary said that any decision on GST rates on any goods… August 4, 2025 13:32 IST
5 common reasons why term insurance claims get denied Term insurance offers a vital financial safety net for your loved ones. But what happens if the claim gets rejected… July 14, 2025 17:33 IST
Emkay Global predicts 32% surge in this solar stock challenging China’s dominance – Bets on $2 billion ‘backward integration’
‘No sudden petrol price hike’ – Oil Minister Hardeep Puri clarifies, says India no longer import-dependent for LPG
West Delhi to get major metro boost: New corridor between Dhansa Bus Stand and Nangloi to cut traffic and travel time
