India
Shriram General Insurance unveils Shri Health Suraksha Plan
Shriram General Insurance unveils Shri Health Suraksha Plan
The policy covers hospitalisation expenses such as room charges.
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.
Commentary
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