India
India’s PhonePe unveils new vehicle insurance for as low as $0.012
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.
6 hours ago
India non-life insurers face impact from 1/n rule transition: CareEdge
Despite decline, experts predict premiums for to exceed Rs3 lakh.
2 days ago
Bajaj Allianz launches exclusive insurance for women
The plan covers critical illnesses, maternal and reproductive health, and wellness.
2 days ago
Private insurers offset LIC premium drop amidst policy changes
The decline was driven by adjustments to the sum assured and commissions.
5 days ago
Prudential, Vama Sundari Investments to establish health insurance firm in India
Prudential Group Holdings will hold a 70% stake in the joint venture.
5 days ago
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.
6 days ago
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.
Tata AIA’s new plan offers flexible financial security, wealth creation
It also ensures continued benefits if the policyholder passes away.
ICICI Lombard General’s capitalisation steady in the medium term
The company is expected to enhance its underwriting risk selection.
5% face over 30% health premium hike in India
Half see an annual increase of less than 10% and continue renewing their policies.
Hyundai India partners with Magma for motor insurance
It will be offered across 600+ dealerships across the country.
Digit Insurance launches AQI-based policy for Delhi workers
Claims are triggered if the Air Quality Index surpasses 400 more than twice.
InsuranceDekho boosts agent network by 92% in 2024
It also aims to expand its footprint to six lakh villages.
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1. Bajaj Allianz launches exclusive insurance for women 2. Manulife unveils IUL product tied to S&P 500 returns 3. Singapore general insurance increases 6.3% YoY in 2024 4. Prudential net profit rises 41.1% to $2.4b in FY 2024 5. India non-life insurers face impact from 1/n rule transition: CareEdgeResource Center
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