August 2026

India's First Monthly Journal on Insurance • Since 1981 THE INSURANCE TIMES August 2026 Issue Vol. XXXXVI  |  No. 08  |  ISSN 0971-4480 Inside This Issue Get expert commentary, in-depth…

Life Insurance Demand Expected to Remain Strong in FY27: Keki Mistry Demand for life insurance products is expected to remain healthy in FY27, supported by India’s favourable demographics, rising financial…

Bengal Government Launches Rs. 5 Lakh Health Coverage Scheme The West Bengal government has introduced the Mukhya Mantri Swasthya Bima Yojana (MMSBY), providing health insurance coverage of up to Rs.…

IRDAI Creates Rs. 800 Crore Fund to Strengthen Policyholder Awareness The Insurance Regulatory and Development Authority of India (IRDAI) has proposed the creation of a dedicated Policyholders’ Education and Protection…

Non-Life Insurance Premiums Rise 16% in June, Led by Health Segment Growth India’s non-life insurance sector recorded its strongest monthly premium growth in five months during June 2026, supported by…

India’s insurance sector continues to witness regulatory announcements, digital initiatives, new distribution models and ambitious plans for achieving “Insurance for All by 2047.” However, the real test of regulation is…

The Insurance Regulatory and Development Authority of India has constituted a seven-member working group to examine the adoption, governance and oversight of artificial intelligence in the insurance industry. It has…

Recent Supreme Court Judgments Affecting Insurance The Supreme Court has recently delivered several important judgments dealing with motor insurance liability, interpretation of policy conditions, compensation for accident victims and the…

IRDAI Grants Registration to New Standalone Health Insurer 01 July, 2026 The Insurance Regulatory and Development Authority of India (IRDAI), in its 136th Authority meeting held on 29 June 2026,…

Consumer Court Orders Rs. 20.25 Lakh Claim Payment After Early Policyholder Death A consumer court has directed an insurance company to pay Rs. 20.25 lakh to the family of a…