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INSURANCE INDUSTRY
India's economic pillars show 'no fragility', says Finance Minister Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic gro...
Experts say health technology, preventive healthcare at inflection point, India ready to leverageWith a focus on preventive healthcare and wellness, India is on the verge of harnessing new technological innovations. Sangita Reddy from A...
Irdai to weigh 650+ responses on insurance commissionsThe regulator had extended the deadline earlier by a week after receiving more than 650 responses to its September 23 consultation paper, w...
Cyberattacks on banks, including AU Small Finance Bank, worry insurers as claim risks riseCyberattacks targeting financial institutions have raised concerns about security vulnerabilities and potential losses. AU Small Finance Ba...
Good intentions, unintended consequences: The cost of regulationRegulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business...
New India slips into red with 1,267 cr loss in Q2New India Assurance Company has revealed a concerning net loss of ₹1,267 crore for the September quarter, sharply contrasting with last yea...
AU Small Finance Bank hit by a likely breach of 'limited' dataThe lender is investigating a potential breach of "limited data" pertaining to its vehicle-loan customers. The data was hosted on a third-p...
Sabarimala: TDB announces Rs 2 lakh life insurance cover for pilgrimsThe Travancore Devaswom Board has announced a new life insurance scheme for Sabarimala pilgrims. This insurance will cover up to Rs 2 lakh ...
India's services economy stays resilient as 17 sectors post growthIndia's services sector recorded widespread growth in August, with 17 of the 19 tracked segments expanding and 13 registering double-digit ...
Bandhan Bank to face a Rs 200 crore hit from insurance norm changeFacing an anticipated Rs 200 crore dip in income from proposed cuts to insurance commissions, Bandhan Bank's managing director, Partha Prat...
Star Health and Allied Insurance reports 232% profit surge at Rs 264.4 croreStar Health and Allied Insurance achieved a net profit of ₹264.4 crore for the September quarter of FY27. This profit reflects a 232% incre...
- Dynamic pricing's unacceptable in insurance, big payouts erode value: IRDAI chief Ajay Seth
IRDAI chief Ajay Seth criticises the approach of some digital platforms, warns high commissions leave less in the risk pool, push up premiu...
Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
Non-life insurance to play a bigger role in financial planning over the next 25 years: ICICI LombardGeneral, or non-life, insurance is expected to play a more integral role in financial planning over the next 25 years, shows an ICICI Lomba...
Insurance commission: NBFCs seek 5-year transition period to reduce selling feeThe industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps o...
Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressureIn the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by ...
Motor third-party insurance growth slows to 9%; Kotak flags possible impact of SC compensation rulingMotor third-party insurance premiums exhibited a sluggish growth rate of 9 percent year-on-year in September 2026. Insurers have reportedly...