India
Indians prioritise insurance for protection against rising health costs
Indians prioritise insurance for protection against rising health costs
A third also reported buying more coverage to supplement their corporate health plans.
India’s motor insurance market to hit $21.5b by 2030
Passenger vehicle sales reached record levels last year, increasing 6% YoY.
Policybazaar expands health insurance access for global Indian families
Health insurance in India is at least 35% cheaper than in other countries.
9 in 10 Indian policyholders seek auto-replenish feature in health insurance
Yet, 32% are still unaware of the details of their plans.
India's life insurers report 8.4% rise in premiums for April 2025
Growth in individual non-single premium policies declined by 13.6% YoY.
Future Generali expands health insurance offering amidst medical cost surge
Over 80% are uncertain about whether their current health insurance is sufficient.
Magma General expands motor insurance reach via Toyota Tsusho tie-up
TTIBI will distribute Magma’s motor insurance products through its network of 150 dealers.
What’s stopping Indians from buying travel insurance this year?
Security and peace of mind remain key motivators for insurance uptake.
Shriram General Insurance sees 13% profit growth in FY 2025
For the full year, policy issuance rose 3%.
India’s mental health insurance claims rise 30% amidst growing awareness
Most claims were for mild to moderate conditions.
Howden appoints new managing director, head of M&A for India
She has more than 20 years of experience.
SBI Life insurance pencils 27% YoY profit surge in FY 2025
New Business Premium stood at $426.92m.
India’s life insurers post 5.1% growth in FY 2025 premiums
CareEdge said premium growth is expected to remain volatile.
GAIP appoints Rohit Boda as India head, non-executive director
This is in line with GAIP's expansion goals in India.
India’s non-life insurance sees flat growth in FY 2025
It was dragged by the low passenger vehicle sales growth during the period.
India’s insurance penetration rises to 41% on public schemes growth
India’s healthcare and hospital sector is moving to aggressive expansion.
ICICI Lombard earnings surge 30% YoY in FY 2025
Gross written premiums for FY 2025 also climbed 10.4%.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness