August 2026

The Government has clarified that health insurance claims in India will continue to be decided by insurers in accordance with the terms and conditions of the insurance policy, and there…

India’s newly launched Bharat Maritime Insurance Pool (BMI Pool) has received its first claim after a vessel covered under the arrangement was reportedly damaged in a drone attack in the…

The Insurance Regulatory and Development Authority of India (IRDAI) has cautioned general insurers against offering extreme discounts of up to 99% on fire insurance policies, warning that aggressive price-cutting could…

US-based private equity major Bain Capital is in advanced discussions to acquire up to a 25% stake in IndusInd General Insurance, in a transaction that could value the insurer at…

Health insurance claims in India will continue to be assessed by insurers according to policy terms, with the government ruling out any proposal to make the treating healthcare provider’s opinion…

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…