India
How India’s two-wheeler insurance claims rose 15% in 2024
How India’s two-wheeler insurance claims rose 15% in 2024
EV-related claims are 18% to 20% more frequent than petrol bike.
India non-life insurance premiums growth eases to 1.6% in August 2025
Growth in health, fire, and engineering insurance partly offset the decline.
India non-life insurers post 1.63% growth in August 2025
General insurers, which make up the bulk of the market, posted $0.23b.
IRDAI urges insurers to pass GST relief fully to customers
The Chairperson urged insurers to develop products for different population groups.
Tata AIA launches index funds on India’s top 500 firms
Both funds are open for subscription at ₹10 per unit until 22 September.
What drove India's life insurance sector to rise 6.6% in August 2025?
But new business premiums fell 5.2% year-on-year in August.
Why Indian insurers are expanding plans with outpatient health benefits
Regular outpatients have 5% to 10% fewer hospitalisations.
Tata AIA launches Shubh Maha Life with flexible retirement cover
The plan offers higher life cover during working years.
Canara HSBC Life Insurance unveils pension product for retirement planning
Key features include zero allocation charges.
India’s non-life insurance premiums rise 2.4% in July 2024
The Bima Trinity initiative is expected to drive further sector growth.
SBI Life Insurance launches flexible term cover with three plan options
Death benefit payouts can be structured as a lump sum.
India life insurers post 22.4% rise in July new business premiums
The market is expected to grow 10% to 12% annually over the next 3-5 years.
Central Bank of India, TATA AIG to offer insurance for MSME payments
This partnership was forged on the eve of the 144th birth anniversary of the bank’s founder.
Edme merges with UIB India to expand wholesale and reinsurance reach
It will focus on tech investment, sector-specific offerings, and underserved markets.
Tata AIA launches Shubh Shakti for women with life cover
The launch follows rising female workforce participation in India.
India expands parametric insurance in climate-hit sectors
India’s parametric market is growing at a faster pace of 11.3% annually through 2028.
SBI Life, AU Small Finance Bank partner to expand insurance in rural India
AU SFB will offer SBI Life’s range of protection, savings, retirement, and investment policies.