India
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
India approves health coverage for seniors aged 70 and above under AB PM-JAY
Eligible citizens will receive $6k (₹5 lakh) free health insurance coverage per year.
India gov’t to sell 6.8% stake in General Insurance Corp
The stake will be sold at a floor price of INR395 per share.
IRDAI sets 30-day free-look period for policies
Insurers are required to provide a tool on their websites for verifying authorised distribution channels.
Tata AIA Life opens offshore branch at GIFT City
The products offered target non-resident Indians (NRIs).
Allianz Partners India joins Pulse Energy for real-time EV charger access
An EV trip planner will map routes with available chargers.
IRDAI aims for accessible insurance by 2047
Innovations in the insurtech sector were discussed to meet insurance goals.
What will drive India’s general insurance sector this year?
The industry is slated to grow by 11.2% this year.
India’s insurance and pension market bolstered by B2B spending
Life Insurance Corp of India leads the sector.
Life Insurance Corporation of India’s Q1 profit up 9.6% YoY
Total premium income for Q1 2024 stood at $1.4b.
GIC Re's profit climbs to $12m in Q1 2024
Its assets grew to $2.22b.
Future Generali India welcomes new chief risk officer
He brings over two decades of experience.
India considers raising insurance FDI cap to 100%
Despite many industries open to FDI, the insurance sector remains partially restricted.
India’s general insurance sector slated to expand 11.2% in 2024
Motor insurance is anticipated to account for 31.1% of GWP.
Max Life's profit jumps 46% YoY in Q1 FY25
Embedded Value also grew by 30% YoY.
Life Insurance Corporation of India eyes ~3% growth in new business margin
It also announced plans to acquire a majority stake in standalone health insurance.
SBI General Insurance, HSBC seal bancassurance partnership
The bank will offer SBI General Insurance’s entire non-life offerings.
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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.
