The recent regulatory focus on dark patterns, seller tagging and commission reforms marks an important moment for India’s insurance sector. IRDAI’s decision to examine manipulative digital practices through independent audits…
The Reserve Bank of India’s stricter framework on mis-selling of financial products, effective January 1, 2027, is a timely and necessary intervention in a market where banking, lending, insurance and…
India’s insurance sector entered June with a clear message: growth is no longer enough unless it is supported by affordability, governance and resilience. The month’s developments showed an industry expanding…
Artificial Intelligence is rapidly becoming a part of the insurance value chain. Insurers are using it for underwriting, claims processing, fraud detection, customer service, product recommendation, risk scoring and operational…
The Indian insurance industry stands at a defining juncture where growth, innovation and risk management are evolving simultaneously. Recent developments-from the proposed marine war-risk pool to the rapid expansion of…
The rapid evolution of GIFT City as India’s International Financial Services Centre (IFSC) has opened a new chapter for the country’s insurance and reinsurance sector. In recent years, GIFT City…
The ongoing conflict involving Iran has once again highlighted the deep interlinkages between geopolitics and the global insurance market. While wars have always been a source of uncertainty, the current…
The Indian health insurance sector has recently crossed a significant milestone, with premium collections surpassing Rs. 1.2 lakh crore. This achievement reflects not only the growing awareness of health risks…
[caption id="attachment_21693" align="alignleft" width="228"] Ram Gopal Agarwala[/caption] The Indian insurance sector is witnessing an active phase of regulatory reform. The Insurance Regulatory and Development Authority of India (IRDAI) has introduced…
[caption id="attachment_21720" align="alignleft" width="201"] Dr. Rakesh Agarwal[/caption] The Reserve Bank of India’s draft framework on mis-selling in financial services marks a significant and much-needed intervention at a time when bancassurance…