August 2026- Insurance Times

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,…

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…

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…

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…

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…

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.…

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…