India's No.1 insurer Life Insurance Corporation of India said it expected a recovery in net premium income in the current ...

Its unparalleled size, reach and government backing give it benefits no other insurance company enjoys. Yet LIC’s stock has ...

India raises FDI limit in insurance to 100%, attracting global insurers and boosting sector growth and innovation.

Choosing the right sum insured is not a one-size-fits-all solution. However, at least Rs 10 lakh as a minimum sum insured, especially in metro cities where treatment costs are much higher, is ...

On January 30, the Insurance Regulatory and Development Authority of India (Irdai) issued a circular directing insurers not ...

On February 1, 2025, the Finance Minister of India, in her Union Budget ... immediately and will require legislative and regulatory changes. The Insurance Act must be amended by both houses ...

Niva Bupa Health Insurance sees significant growth in premium and market share, CEO Krishnan Ramachandran shares insights ...

5. Is AI in health insurance safe and ethical? AI must comply with data privacy regulations and ethical guidelines. Insurers must ensure transparency, security, and fairness in AI-driven decisions ...

The regulatory body has stated that insurance companies must seek approval before discontinuation of individual health insurance products targeted towards senior citizens.

Shares of HDFC Life, SBI Life, LIC, New India Assurance have seen ... for clarity on key issues such as GST rate changes for retail and health insurance, amendments to the Insurance Act, and ...

has forecast 11.1 percent growth for India's insurance sector from 2024 to 2028, attributing this to an expanding middle class, technological advancements, and supportive regulatory frameworks.

He added that they also hold an insurance corporate licence regulated by the Insurance Regulatory and Development Authority of India (Irdai ... the most significant change observed, and fintechs ...