India

Indian Gen Z leads Millennials in health insurance knowledge: survey

Nearly 1 in 3 Indian Gen Zers said they are very confident about their understanding of it.

Chola MS General Insurance expands North India presence with new office

The New Delhi facility is Chola MS’s 17th company-owned office in India.

Cyber insurance in 2025: What every business needs to know

On average, Indian companies were subject to 2,807 weekly cyberattacks in early 2024. Alarmingly, this figure marks a 33% jump from the previous year. 

India life insurance ownership hits record 78% in latest IPQ survey

Three in four urban respondents now prioritise coverage over cost.

Prudential plans to improve health access in support of 2047 goal

The company also expanded its footprint in Bengaluru. 

AI slashes issuance time for nearly half of clients: Policybazaar

AI is also used to manage over 30% of first-contact customer queries.

Zurich Kotak General Insurance reveals two new appointments

Both appointments will focus on the company’s Commercial Insurance unit.

India’s non-life premiums rise 6.5% YoY in May

CareEdge expects standalone health insurers (SAHIs) to continue leading in the retail.

LIC fast-tracks claim payouts for Air India Flight 171 victims

The insurer has introduced concessions to ease the claims process.

IRDAI directs insurers to expedite Air India Flight 171 claims

Settlement is to be made directly to nominees listed in policies.

Air India crash raises pressure on global aviation reinsurers

Claims from this single event could potentially exceed the entire annual premium.

Sing Re secures IFSCA nod to launch GIFT City reinsurance unit

Sing Re will offer treaty and facultative reinsurance solutions.

Dai-ichi Life, Capgemini set up tech centre to support global IT

Dai-ichi Life aims to eventually bring operations in-house.

India’s insurance domestic investments grow 6.5% YoY in FY 2025

It was due to a slowdown in economic activity and vehicle sales.