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IND AS INSURANCE REPORTING
SBI General Insurance Q1 GDPI rises to Rs 3,506 crore; comprehensive income jumps 17%SBI General Insurance reported 10.9% year-on-year GDPI growth to Rs 3,506 crore in Q1 FY27. Comprehensive income rose 17.4% to Rs 573 crore...
Skyways Air IPO opens today; GMP at 23%: Key details. Should you subscribe?Skyways Air Services’ Rs 582.8 crore IPO opens on August 24, 2026, with a price band of Rs 131–Rs 138 per share. The logistics company plan...
Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...
You don't need to be an accountant. You just need to ask three questionsA loss can exist long before the accounts admit it, because management decides when to admit it. This story shows how that delay works, the...
Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
Cashless health insurance claim rejected? You may still get your claim settled; here’s howCashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reaso...
Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
India's office leasing to remain resilient, to hit 85-90 million sq ft in 2026-27India's office property market is set for strong growth. Leasing activity is expected to reach 85-90 million sq ft by 2026-27. Global capab...
IRDAI proposes Ind AS financial reporting for insurers from April 1; check what policyholders should knowIndia's insurance regulator, IRDAI, is proposing a significant shift in financial reporting for all insurers. Starting April 1, 2026, insur...
IRDAI proposes Ind AS adoption for insurance sector from April 2026IRDAI has proposed mandatory adoption of Indian Accounting Standards (Ind AS) for all insurers by April 1, 2026. This move aligns India's i...
Insurance Regulatory and Development Authority of India clears risk-linked capital, new accounting norms for insurersIndian insurance companies are gearing up for significant changes. From April 2026, new rules will link capital requirements to specific ri...
Reshaping India’s insurance landscape: How Ind AS 117 presents an opportunity for transformationIndia’s insurance industry is at a turning point. With Ind AS 117 set to align financial reporting with global standards, insurers have a c...
IndusInd International to list insurance units of Reliance Capital in 2-3 yearsIndusInd International Holdings (IIHL) on Tuesday said it will list the insurance units of Reliance Capital in two to three years, after it...
IndAS117: Challenges and opportunities for Indian insurersThe implementation of IndAS117 has cost the insurance industry around $20 billion. Although challenging, it promises enhanced transparency ...
NFRA reviews proposals for new accounting standards for insurance contractsNFRA will share its recommendations with the ministry of corporate affairs, which will consider the Ind AS 117 and notify the standards und...
Hot Stocks: What should investors do with IndusInd Bank, ICICI Lombard and ICICI Prudential Life Insurance post Q3 results?Jefferies maintained its buy rating on IndusInd Bank post the December quarter results with a target price of Rs 1600.
NBFCs to meet RBI on Ind AS implementationRBI deferred the implementation of Indian Accounting Standards by one year for banks.
Indian Accounting Standards: Insurers seek clarity on many issues as deadline nearsVarious industry players and sectoral experts cite taxation issue as the most teething concern coupled with the impact on solvency, determi...
Government to implement of globally accepted accounting standards for banks, insurance companiesThe government has issued the roadmap for implementation of globally accepted accounting standards (Ind AS) for commercial banks, insurance...
- Insurers want more premium in cash
The reporting norms for insurers to track individuals who are using unaccounted money to buy insurance policies are up for review.