Insurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...

Analysts note that companies involved in environmental adaptation and mitigation have already outperformed the broader market significantly.

"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...

The central government has notified 100% Foreign Direct Investment (FDI) in insurance companies under the automatic route, allowing foreign...

The finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...

In response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...

Indian ministries are creating a sovereign-backed insurance plan. A $100 million Bharat Marine Pool is being formed by insurers to cover sh...

Indian companies are increasingly integrating insurance into their broader corporate risk strategy, moving beyond a traditional, finance-ce...

Corporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...

Allianz Jio Reinsurance Ltd, a new venture by Jio Financial Services and Allianz Group, has begun operations in India. This partnership aim...

India is poised to emerge as a major player in the global reinsurance landscape. M Nagaraju, Secretary of Financial Services, has encourage...

India's ₹50,000-crore reinsurance sector is set for disruption with the entry of two new domestic players—Jio-Allianz, a joint venture betw...

Valueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory approval in India. ...

IRDAI has simplified the format of the reinsurance program and brought in tandem the regulations for Indian insurers, Indian reinsurers, Fo...

Net premium rose to Rs 38,215.52 crore from Rs 33,221.19 crore, while the earned premium stood at Rs 36,476.66 crore, up from Rs 32,622.80 ...

The study says that the country will benefit enormously if it develops itself as a global reinsurance hub.

International reinsurers, looking to start operations in India, may soon be able to set up branches with a minimum capitalisation of Rs 5,0...