Vakrangee Limited has announced a strategic partnership with Shriram Life Insurance to make life insurance more accessible and affordable for customers across India, particularly in underserved and remote areas. Expanding…
Canara HSBC Life Insurance has launched its latest brand campaign, aimed at aligning with the evolving financial aspirations of modern consumers. The campaign emphasizes personalized and accessible solutions that cater…
Expansion into GIFT City Doha Insurance Group (DIG), a prominent provider of insurance and reinsurance solutions in the Middle East and North Africa (MENA) region, has received approval from the…
In a shocking incident, a 27-year-old man in Mysuru, identified as Pandu, has been arrested for allegedly murdering his father, Annappa, to claim insurance benefits. The incident occurred in Periyapatna,…
The Indian insurance industry is undergoing a monumental transformation under the guidance of the Insurance Regulatory and Development Authority of India (IRDAI), led by Chairman Debasish Panda. With a vision…
Rising Rejections and Repudiations In FY 2023-24, health insurance companies in India disallowed and repudiated claims worth ₹26,000 crore, marking a significant 19.10% increase from ₹21,861 crore in FY23. This…
A Decline in Insurance Penetration India's insurance penetration fell from 4% in FY23 to 3.7% in FY24, according to the Insurance Regulatory and Development Authority of India (IRDAI) annual report.…
Robust Growth in Premiums India's non-life insurance industry demonstrated impressive growth in FY 2023-24, with total direct premiums reaching ₹2.90 lakh crore, marking a 12.76% increase from the previous fiscal…
A Decade of Growth: Market Overview The India cyber insurance market is witnessing rapid expansion, with its valuation projected to increase from USD 296.3 million in 2023 to an impressive…
A Landmark Integration Aditya Birla Capital has set a benchmark in the financial services sector by becoming the first financial institution to integrate lending, insurance, and investment services on the…