General Insurance Corporation of India (GIC Re) has reappointed Shri Hitesh Rameshchandra Joshi as its Chairman and Managing Director (CMD), ensuring continuity in leadership at India’s state-owned reinsurer. The decision…
The government has announced key leadership changes in the insurance sector, aimed at strengthening governance, regulatory efficiency, and overall sector oversight. The restructuring is part of broader efforts to improve…
India’s motor sector continues to witness steady growth, driven by increasing vehicle ownership. The VAHAN registration data indicates nearly 20% growth in June 2026 compared to the previous year. As vehicles…
India has accounted for 33% of all transactional risk insurance claim notifications in Asia, highlighting the country’s significant role in deal-related insurance activity across the region. Transactional risk insurance typically…
Indian insurtech platform Turtlemint is reportedly preparing for an initial public offering (IPO) worth around $106 million, reflecting strong investor interest in the country’s rapidly growing digital insurance ecosystem. The…
Indian insurtech company Turtlemint is reportedly planning an initial public offering (IPO) worth around $106 million, seeking to capitalize on the rapid growth of the country’s digital insurance market. The…
ICICI Lombard General Insurance has flagged a suspected motor insurance fraud case in Assam, bringing attention to the growing challenge of fraudulent claims within the insurance sector. The insurer has…
Achieving long term financial milestones requires selecting proper asset channels alongside precision planning tools. Investors frequently utilize digital estimation software to project their future corpus growth patterns accurately. Understanding the…
As artificial intelligence becomes increasingly embedded in insurance operations, regulators are shifting their attention from broad AI principles to operational accountability and governance. Industry experts note that insurers are now…
ICICI Prudential Life Insurance has launched a new guaranteed market-linked insurance plan designed to offer customers a combination of life protection, guaranteed benefits, and the potential for market-linked wealth creation.…