Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-p...

Indian insurers are seeking greater flexibility in using equity derivatives, including allowing exposure to be aggregated across multiple f...

Prasol Chemicals has raised nearly Rs 150 crore from anchor investors ahead of its Rs 500-crore IPO, which opens on September 8. The specia...

RNFI Services has received in-principle RBI authorisation to operate as a Payment Aggregator-Physical (PA-P), allowing it to expand into of...

California wildfire survivors gain new protections with the Smoke Damage Recovery Act. This legislation establishes the nation's first scie...

China’s planned $53.6 billion recapitalisation of state-owned insurers and banks could ease solvency pressures and strengthen insurers’ cap...

The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...

ICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. ...

China's finance ministry is injecting over fifty billion dollars into state-owned financial institutions. This coordinated push aims to str...

Nepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage f...

A consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite di...

Nepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...

Public sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation a...

SBI General Insurance will not chase fire insurance business at unsustainable prices. The company aims to improve profitability and maintai...

IFFCO-TOKIO General Insurance Company has appointed Tatsuya Fujimoto as its new Managing Director and Chief Executive Officer, replacing Su...

InsuranceDekho and RenewBuy are merging to create an AI-enabled insurance distribution platform with over ₹6,600 crore in premiums, 600,000...

A motor insurance claim was rejected by HDFC General Insurance over driver's license concerns. The West Bengal Consumer Commission found in...