Goyal said that the existing Expense of Management (EoM) framework had failed to achieve its intended objective of reducing expenses, with ...

The company’s management had previously noted that in the last five years there has been no increase in third-party motor insurance rates, ...

Life Insurance Corporation of India reported a 21.52% increase in net profit for the first half of FY27. Total premium income rose by 11.64...

Exciting changes are coming to motor insurance in India! Starting December 15, 2026, policyholders can enhance their coverage with legal li...

Robotic surgery is increasingly covered by health insurance in India, but not without complications. Despite having a high sum insured, pol...

Irdai will implement a four-tier structure for motor insurance covering private cars and two-wheelers. Customers will have the option to se...

The insurance sector grapples with pressing issues like mis-selling and customer complaints, which hinder the efficacy of policies. However...

Irdai has implemented stricter rules regarding employee stock option plans for insurance companies to regulate ownership stakes. Senior exe...

State-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government a...

The regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, w...

As hospitals grapple with soaring costs in drugs, supplies, and labor, the integration of AI emerges as a vital necessity.

The growth was led by Policybazaar's insurance distribution business, where demand for health and term insurance remained strong. Total ins...

Standalone health insurers have requested that mandatory insurance products be excluded from expense-of-management calculations. They argue...

IRDAI chief Ajay Seth criticises the approach of some digital platforms, warns high commissions leave less in the risk pool, push up premiu...

The industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps o...

The regulator is engaging with different stakeholder groups and has not reached a conclusion on the proposals, IRDAI chairman Ajay Seth had...

In a strategic move to streamline hospital cash flow, HealthRail is offering expedited access to accrued revenues. This initiative specific...