Prudential May Acquire 85% Stake in Bharti Life Insurance Arm
Prudential plc is reportedly in advanced discussions to acquire an 85% stake in the life insurance arm of Bharti Enterprises, in a deal valued between ₹7,000 crore and ₹8,000 crore.…
Insurance Gap Limits Access to Robotic Surgery in India
India’s growing adoption of advanced medical technologies is being constrained by a significant insurance coverage gap, which is limiting patient access to robotic surgery. According to the report, robotic-assisted procedures—despite…
IRDAI Retains Obligatory Reinsurance Cession at 4% for FY27
The Insurance Regulatory and Development Authority of India (IRDAI) has decided to maintain the obligatory cession for reinsurance at 4% for the financial year 2026–27, ensuring continuity in India’s reinsurance…
Jio Financial Services and Allianz to Form Insurance Joint Venture in India
Jio Financial Services has entered into a partnership with Allianz to establish a primary insurance joint venture in India, marking a significant development in the country’s insurance sector. According to…
Jharkhand Govt Employees Get Enhanced Cashless Health Cover via Tata AIG
The Government of Jharkhand has introduced an enhanced cashless health insurance scheme for its employees through a partnership with Tata AIG General Insurance, aimed at improving access to quality healthcare.…
India Launches Weather-Based Insurance for J&K Apple Growers
India has introduced a weather-based insurance scheme for apple growers in Jammu and Kashmir, aimed at protecting farmers against climate-related risks and income uncertainties. According to the report, the scheme…