Life Insurance News for May 2026
LIC approves 1:1 bonus issue to boost liquidity Life Insurance Corporation of India has approved a 1:1 bonus share issue, a move that will double its paid-up equity capital and…
Insurance Regulator Update for May 2026
Irdai notifies Ind AS transition norms for insurers The Insurance Regulatory and Development Authority of India has issued final regulations for the adoption of Indian Accounting Standards (Ind AS) by…
General Insurance News for May 2026
New India Assurance shares surge on FY26 growth update Shares of New India Assurance Company Limited jumped nearly 20% to close at Rs. 155.90 on the BSE after the insurer…
From the Desk of Editor-in-Chief for May 2026
The Indian insurance industry stands at a defining juncture where growth, innovation and risk management are evolving simultaneously. Recent developments-from the proposed marine war-risk pool to the rapid expansion of…
GIFT City: India’s Emerging Global Insurance Hub – Progress with Perspective
The rapid evolution of GIFT City as India’s International Financial Services Centre (IFSC) has opened a new chapter for the country’s insurance and reinsurance sector. In recent years, GIFT City…
Rising heat risks increase focus on climate and insurance protection
India’s intensifying summer temperatures are drawing increased attention to the economic, health, and operational risks associated with extreme heat events, highlighting the growing importance of climate risk management and insurance…
Navi General Insurance strengthens Motor Insurance Offering through strategic partnerships to deliver a ‘Cashless Anywhere’ claims
Navi General Insurance, the insurance arm of Navi, one of India’s fastest-growing digital financial services destinations, today announced strategic partnerships with GoMechanic, ReadyAssist, myTVS and AIS Windshield Experts to deliver a ‘Cashless…
IBEX India 2026 Concludes on a High Note, Strengthening the Future of BFSI Technology
7 - 8 April 2026-Mumbai, India Media Partner: The Insurance Times The 13th edition of IBEX India 2026, the International Trade Fair & Conference for the BFSI Technology & Fintech…
Bridging Skill Gaps in Insurance: The need for Risk, AI and Future-Ready Capabilities
Introduction The insurance industry is undergoing a profound transformation. Traditionally driven by actuarial science, underwriting discipline, and claims management, the sector is now being reshaped by risk complexity, digitalisation, and…
Insurance Caselaws for May 2026
Highlighting a Rs. 5,100 Crore Scam in Max Life's Transactions with Axis Bank, Subramanian Swamy petitions the Delhi High Court for an Expert Investigation. Case Title: Dr. Subramanian Swamy V.…