India’s non-life insurance sector reached a significant milestone in October 2024, recording premiums of ₹30,378 crore. This represents a 27.5% year-on-year growth, surpassing the ₹30,000-crore threshold for the first time…
Indian insurance companies are urging the government to issue sovereign debt instruments, including zero-coupon bonds, to diversify their investment options and improve the management of long-term liabilities. The proposal, presented…
Liberty General Insurance has joined hands with Profectus Capital to introduce tailored insurance solutions for micro, small, and medium enterprises (MSMEs) in India. This collaboration aims to integrate financial protection…
The Insurance Amendment Bill, currently under review, proposes transformative changes aimed at reshaping India’s insurance landscape. These changes are expected to enhance operational flexibility, encourage innovation, and promote competition, ultimately…
Medi Assist, a leading player in India’s Third Party Administrator (TPA) sector, is gearing up for significant growth as it consolidates its position in the fragmented market through strategic acquisitions.…
The Indian insurance industry is poised for transformative growth, with projections from a Boston Consulting Group (BCG) and India Insurtech report indicating it could reach an impressive ₹930 lakh crore…
The Coffee Board of India has proposed the inclusion of coffee under the crop insurance scheme to support coffee growers across the country. Chairman MJ Dinesh revealed this during the…
Liberty General Insurance (LGI) is taking bold steps to raise insurance awareness and accessibility across India, targeting both urban and rural regions with innovative campaigns and grassroots initiatives. Aligning with…
Major Tax Policy Changes Expected on Insurance and Consumer Products Key Highlights: Insurance GST Rate: The GST Council will discuss exempting or reducing GST on health and life insurance premiums.…
Unlocking Economic Growth Through Insurance Penetration Key Highlights: Savings Potential: Expanding insurance penetration to underserved populations and events could save the Indian government nearly $10 billion annually, according to a…