India

FDI cap for Indian insurers rise to 100%: Finance minister

The increased limit will apply only to companies that invest the entire premium within India.

HDFC Life, SATYA MicroCapital to boost life insurance in rural areas

The venture aids SATYA MicroCapital’s mission to help women entrepreneurs.

India Post Payments Bank, PNB MetLife India Insurance ink bancassurance deal

The collaboration will leverage IPPB’s network of 650 banking outlets.

Canara HSBC introduces real-time sales task management

The platform helps sales teams plan, execute, and monitor activities.

India's non-life insurers premiums surges 13% in FY 23-24

Health insurance remained the largest segment with a 40.29% share.

Generali expands corporate insurance in India

Shib Shankar Saha has been appointed as head of GC&C India.

SBI General Insurance 9M 2025 profit skyrockets

The company’s gross written premium (GWP) rose by 10.9% YoY.

India life insurance premiums rise 6.1% in FY 2023-24

Insurers also issued 291.77 lakh new policies under individual businesses.

Prudent Insurance Brokers appoints new chief to expand global business

He has a Bachelor of Commerce in Business Management from R.A. Podar College.

Aon launches life and health reinsurance practice in India

Renuka Nar has been appointed head of broking for the new practice.

WTW appoints new head of FINEX India

Gupta will collaborate with the FINEX team in India and Asia to deliver insurance solutions.

India's non-life insurance premiums dip slightly in December 2024

Because of revised reporting requirements that defer long-term policy recognition.

India’s general sector premiums seen to rise in the medium term

The sector has also benefitted from favourable investment conditions.

SBI Life Insurance 9M 2024 profit catapults 48% YoY

Annualised premium equivalent also jumped by 11% YoY.

IRDAI reforms focus on modernising insurance oversight

The Regulatory Sandbox framework has also been updated.

India's life insurance annual premium equivalent drops 2.3% in December

This was in contrast to the 13.6% YoY increase in December the previous year.