India
Tata AIA unveils digital engine to automate life insurance underwriting
Tata AIA unveils digital engine to automate life insurance underwriting
Policy approvals that once took weeks can now be completed within hours.
3 days ago
PNB sells 10% stake in Canara HSBC Life
The divestment involved the sale of 9.5 crore shares.
Phoenix Mills secures India’s first pandemic business cover
The parametric insurance policy was launched by New India Assurance.
PNB MetLife launches pension fund with Policybazaar partnership
The fund is priced at $0.11 (₹10) per unit.
Transactional risk insurance claims rise in India as M&A deals grow
Insurers have so far paid out about $1m, with other claims still being processed.
India’s non-life insurers rebound as premiums rise 13.2% in September
The recovery was supported by higher renewals in core segments such as motor.
IRDAI issues new 2025 framework to tighten fraud monitoring rules
Insurers must implement a board-approved Anti-Fraud Policy.
India’s life insurers post 14.8% rise in new premiums in September
This marks a rebound from the 5.2% decline seen in August.
GIC Re India enjoys strong balance sheet and favorable business profile
Shareholder equity has increased in the past five years.
LIC partners with RBL Bank to expand bancassurance reach
This will enable RBL Bank customers to access LIC’s life insurance products.
India exempts individual health insurance premiums from 18% GST
The change lowers costs for policyholders.
How India’s two-wheeler insurance claims rose 15% in 2024
EV-related claims are 18% to 20% more frequent than petrol bike.
India non-life insurance premiums growth eases to 1.6% in August 2025
Growth in health, fire, and engineering insurance partly offset the decline.
India non-life insurers post 1.63% growth in August 2025
General insurers, which make up the bulk of the market, posted $0.23b.
IRDAI urges insurers to pass GST relief fully to customers
The Chairperson urged insurers to develop products for different population groups.
Tata AIA launches index funds on India’s top 500 firms
Both funds are open for subscription at ₹10 per unit until 22 September.
What drove India's life insurance sector to rise 6.6% in August 2025?
But new business premiums fell 5.2% year-on-year in August.
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