India
SBI Life insurance pencils 27% YoY profit surge in FY 2025
SBI Life insurance pencils 27% YoY profit surge in FY 2025
New Business Premium stood at $426.92m.
1 day ago
India’s life insurers post 5.1% growth in FY 2025 premiums
CareEdge said premium growth is expected to remain volatile.
4 days ago
GAIP appoints Rohit Boda as India head, non-executive director
This is in line with GAIP's expansion goals in India.
4 days ago
India’s non-life insurance sees flat growth in FY 2025
It was dragged by the low passenger vehicle sales growth during the period.
5 days ago
India’s insurance penetration rises to 41% on public schemes growth
India’s healthcare and hospital sector is moving to aggressive expansion.
6 days ago
ICICI Lombard earnings surge 30% YoY in FY 2025
Gross written premiums for FY 2025 also climbed 10.4%.
Willis selects Anant Pawar to lead aviation insurance in India
He brings over 27 years of experience in the insurance and reinsurance industry.
Half of Indians risk financial strain by selecting insufficient health coverage
51% incorrectly believe that critical illness treatments cost less than Rs5 lakh.
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.
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Value migration to non-bank players with a "focused" model is accelerating.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs