India
India’s life insurance sector bags 12% CAGR in past five years
The life insurance penetration rate is at 3.8%.
India’s life insurance sector bags 12% CAGR in past five years
The life insurance penetration rate is at 3.8%.
Competition Commission of India clears central bank on acquisitions
The central bank proposed stakes in both life and general entities of Future Generali.
Indian life sector’s new business premiums expected to rise in FY 2025
The industry could maintain a growth rate of 13% in the next 3-5 years.
India’s LIC cuts first-year commission to 20%
This adjustment brings the total first-year commission down from 35% to 28%.
India's non-life insurance sector dips 6.53% YoY in September
Year-to-date, the sector rose by 7.02%.
Canara HSBC targets family security with new insurance plan
The plan comes in two variants.
GIC Re maintains strong capitalisation in FY 2024
In FY 2024, the company reported a consolidated ROE of 9.5%.
Indian health insurance sector slated for 12.8% CAGR by 2028
The industry is also forecast to grow by 15% in 2024.
India launches pension system for all ages, infancy to 70
NPS Vatsalya allows accounts to be opened for children.
Gen Zs, Millennials drive 85% of total insurance sales
Gen Z and Millennial advisors conduct most of their business online.
Mumbai broker expands in Dubai
The division will serve as a regional hub for MENA markets.
Public insurers lag behind private in Indian market
Health and motor insurance were key growth drivers for private insurers.
India eyes turnaround plan for public insurers
The upcoming Ind AS 117 is expected to recalibrate solvency ratios.
Allianz Commercial India appoints new head of cyber security
She has more than a decade's worth of experience.
ECGC’s risk-adjusted capitalistation at strongest level in medium-term
As a monoline credit insurer, it insures about 40% of total export credit by banks.
Indians regret delaying term insurance start
Only 11% review their coverage annually.
Sunshine Capital dives into insurance broking
This move aims to capitalise on the anticipated growth in India's insurance sector.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
