June 2026-Insurance Times

Article 136 | Motion to suppress NCDRC's order pending in Exercise of Appellate/Revisional Jurisdiction refuted: Supreme Court Case Title: M/S Universal Sompo General Insurance Co. Ltd. V. Suresh Chand Jain,…

Claim repudiated for lack of link between insured risk and loss Maa Danteswari Cold Storage, a partnership firm established in 2008, had obtained a standard fire and perils policy from…

Orientation Programme for Insurance Ombudsmen May 21, 2026 With a view to strengthening the effectiveness of the Insurance Ombudsman mechanism and aligning it with the evolving expectations of the Authority…

Dr. Rakesh Agarwal, Director, RMAI and Editor, The Insurance Times, delivered a session on “Legal Preparedness for Insurance Surveyors” at the West Bengal Chapter training programme in Kolkata. He highlighted…

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…

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…

SBI General Insurance FY26 profit rises 9% SBI General Insurance reported an 8.6% rise in net profit to Rs. 553 crore for FY26, compared to Rs. 509 crore in the…

High commissions remain a concern: IRDAI Chairman Ajay Seth said the sharp rise in insurance industry commissions indicates that the sector continues to operate with a structurally high-cost distribution model.…

Young buyers exiting health insurance within 3 years: Survey More than half of young Indians aged between 24 and 34 who purchase health insurance discontinue their policies within the first…

SBI Life Q4 profit slips despite premium growth SBI Life Insurance reported a marginal 1.1 per cent decline in net profit to Rs. 804.6 crore in the January-March quarter of…