India

Mahindra Manulife launches India insurance push

MMIL was incorporated after approval from India’s Ministry of Corporate Affairs.

Canara HSBC Life pays $27.1m bonus to policyholders

Around 233,000 PAR policyholders active as of 31 March are eligible.

Shriram General Insurance deal pushes protection into smaller towns

The customer outreach network spans 26 states and more than 13,000 pin codes.

Liberty Mutual raises stake in India’s Liberty General Insurance to 74%

India insurer targets expansion in retail and commercial lines.

Bharti AXA Life to pay $21m bonus amidst 44% premium growth

The bonus is allocated to participating policies as og March 2026.

Tata AIA Life lifts bonus payout 18% to $226m in FY 2026

The allocation will benefit more than 8.74 lakh participating policyholders.

IndusInd Nippon Life’s profit surges 15% to $25m in FY 2026

The company also plans to open nearly 200 new sales units across India.

Policybazaar rolls out annual insurance for India domestic travel

It covers lost checked-in baggage, trip cancellations, and even home burglary.

SBI General urges active planning as medical bills climb

SBI General Insurance offers cashless hospitalisation, amongst others.

Indian women shift to long-term risks as insurance cover rises

Women with four or more policies focused more on outbreaks and large disruptions.

Activ Yuva ties insurance to young Indians’ lifestyle

Coverage and rewards now shift with daily activity sleep and nutrition tracking.

Raise Financial acquires GILB in $15m bet to build direct insurance platform

Raise said that it has received all required regulatory approvals to acquire GIBL.

Navi adds 4 partners, expands cashless motor claims network to 1,600

ReadyAssist will provide 24/7 roadside assistance to over 19,000 pin codes.

Tata AIA plan covers 60+ critical illnesses with tax-free withdrawals

Market-linked returns support fund accumulation before medical needs arise.

SBI General profit hits INR553 crores as share reaches 7.17%

Health segment grew 27% whilst the accident business expanded 40%.

India insurers reject 20% of recent claims

Six in ten respondents waited 6 to 48 hours for approval and hospital release.