Insurance tech and digital insurance platforms are likely to be compelled into recalibrating their life insurance products, ...
IRDAI’s latest report highlights widespread life insurance mis-selling in India, as RBI data shows rising early policy exits and surrender-led payouts.
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 ...
IIM Kozhikode's report emphasizes that achieving "Insurance for All by 2047" requires a national mission and collaborative efforts.
The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has ...
Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for overshooting the prescribed limits on expenses, which mainly include commissions. The ...
By shedding quasi-investment plans, the digital insurer aims to drive transparency and consumer trust with pure term life ...
India's insurance industry, currently at 3.7% GDP penetration, anticipates structural reforms like GST rationalization and composite licensing in the 2026 Union Budget.
The run-up to the Union Governments Budget Presentation (1 February) for the coming fiscal year is causing volatility in life insurance stocks because of the precedent created by budgets over the last ...
According to Irdai, the non-life insurance industry’s overall ICR stood at 82.88 per cent in 2024–25, slightly higher than ...
Axis Max Life Insurance and Max Financial Services boards have given in-principle approval for their amalgamation, subject to ...