Medical inflation in India is soaring, making health insurance unaffordable and leading to higher out-of-pocket expenses.

Investments have quadrupled, and total premium growth has gone up from Rs 7.6 lakh crore in FY20 to Rs 11.9 lakh crore in ...

IRDAI’s latest report highlights widespread life insurance mis-selling in India, as RBI data shows rising early policy exits and surrender-led payouts.

In a significant relief for senior citizens, the Insurance Regulatory and Development Authority of India (IRDAI) has imposed a limit on annual health insurance premiums. The regulator has stated that ...

India's insurance industry, currently at 3.7% GDP penetration, anticipates structural reforms like GST rationalization and composite licensing in the 2026 Union Budget.

Insurance tech and digital insurance platforms are likely to be compelled into recalibrating their life insurance products, ...

IRDAI has permitted insurers to block funds in a customer’s bank account via UPI for premium payments for life and health insurance policies In a circular, the insurance regulator said that the ...

IRDAI mandates AYUSH coverage for hospitalisation, OPD consultations for alternative therapies are generally excluded unless specifically offered by the insurer ...

Key opportunities in India's online insurance market include leveraging smartphone proliferation for policy purchases, utilizing UPI-based payment systems, and exploring IRDAI's regulatory sandbox for ...