India
IRDAI sets 30-day free-look period for policies
IRDAI sets 30-day free-look period for policies
Insurers are required to provide a tool on their websites for verifying authorised distribution channels.
Tata AIA Life opens offshore branch at GIFT City
The products offered target non-resident Indians (NRIs).
Allianz Partners India joins Pulse Energy for real-time EV charger access
An EV trip planner will map routes with available chargers.
IRDAI aims for accessible insurance by 2047
Innovations in the insurtech sector were discussed to meet insurance goals.
What will drive India’s general insurance sector this year?
The industry is slated to grow by 11.2% this year.
India’s insurance and pension market bolstered by B2B spending
Life Insurance Corp of India leads the sector.
Life Insurance Corporation of India’s Q1 profit up 9.6% YoY
Total premium income for Q1 2024 stood at $1.4b.
GIC Re's profit climbs to $12m in Q1 2024
Its assets grew to $2.22b.
Future Generali India welcomes new chief risk officer
He brings over two decades of experience.
India considers raising insurance FDI cap to 100%
Despite many industries open to FDI, the insurance sector remains partially restricted.
India’s general insurance sector slated to expand 11.2% in 2024
Motor insurance is anticipated to account for 31.1% of GWP.
Max Life's profit jumps 46% YoY in Q1 FY25
Embedded Value also grew by 30% YoY.
Life Insurance Corporation of India eyes ~3% growth in new business margin
It also announced plans to acquire a majority stake in standalone health insurance.
SBI General Insurance, HSBC seal bancassurance partnership
The bank will offer SBI General Insurance’s entire non-life offerings.
TATA AIG stresses political risk insurance needs
Rising costs hit Indian exporters amid global crises
InsuranceDekho bags composite broking license
It plans to start its reinsurance businesses.
GIC Re’s underwriting losses widen by 71.1% YoY for end-March
Its combined ratio increased to 111.82%.
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Industry experts push for the rapid progress of unified customer data as a starting point.
