India
PNB MetLife launches pension multicap fund with Policybazaar
PNB MetLife launches pension multicap fund with Policybazaar
It will be open for subscription from 1 to 15 April at a NAV of ₹10.
Health insurance coverage in India projected to reach 50% by 2025
Yet, rural healthcare infrastructure and trained talents remain key challenges.
Insurance Brokers Association of India unveils new President
He takes over from outgoing President Sumit Bohra.
The increasing number of affluent individuals in India and their evolving insurance needs
As India’s affluent population continues to grow, their insurance needs will become increasingly complex.
Peak Re obtains reinsurance branch license to operate in India’s GIFT IFSC
The approval allows Peak Re to conduct both property and casualty (P&C).
BFSI sector leads cyber insurance adoption at 35% to 40% share
This was followed by the technology and IT sector at 30%.
India’s PhonePe unveils new vehicle insurance for as low as $0.012
Customers can save up to ₹4,000 on a two-wheeler insurance, PhonePe claims.
India non-life insurers face impact from 1/n rule transition: CareEdge
Despite decline, experts predict premiums for to exceed Rs3 lakh.
Bajaj Allianz launches exclusive insurance for women
The plan covers critical illnesses, maternal and reproductive health, and wellness.
Private insurers offset LIC premium drop amidst policy changes
The decline was driven by adjustments to the sum assured and commissions.
Prudential, Vama Sundari Investments to establish health insurance firm in India
Prudential Group Holdings will hold a 70% stake in the joint venture.
India’s life insurance first-year premiums fall 11.6% in February
Meanwhile, number of policies and schemes for the month dipped by 22.22% YoY.
Allianz to sell 26% stake in Bajaj insurance units for $3b
The stake will be acquired by the Bajaj Group.
Term insurance uptake by women in India rises to 18%
Salaried women make up nearly half of buyers.
India’s non-life insurance sector dips 2.82% in February
General insurers, the largest share, recorded a contraction.
Indians face higher premiums on spiralling healthcare costs
Hospital expenses keep rising due to inflation and demand for sophisticated treatments.
Prudential Services India to expand, adding over 400 tech professionals
These professionals should specialise in data, AI and cyber security.
Thought Leadership Centre
In Association with
Most Read
1. Where is cyber insurance growing fastest across regions? 2. Great Eastern outlines 2025 priorities with focus on value creation 3. Hannover Life Re to acquire Swiss Re’s direct life portfolio 4. Dai-ichi Life acquires 15.1% stake in Challenger for $560m 5. Manulife appoints new Chief ActuaryResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
Event News
Enterprisers struggle with cumbersome loan requirements and high collateral.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs