March 2026-Insurance Times

Cannot deny insurance to kin of person who drove after drinking and died: HC Insurers cannot deny compensation to the family of a fatal road accident victim merely because an…

Clarifications on provisions with respect to investment in Alternative Investment Funds (AIFs) February 12, 2026 1. Under the current provisions of para 1.5 of Master Circular on Actuarial, Finance and…

An insurer is not permitted to reject a claim based on the definition of "terrorism" in penal laws when the clause of exclusion defines it fully:The Supreme Court Case Title:…

2024-25 Growth, Profitability and Structural Shifts in a Changing Regulatory LandscapeIntroduction The Indian life insurance industry continues to navigate a phase of calibrated growth amid regulatory reforms, evolving consumer behaviour,…

At a time when India's insurance industry is expanding steadily yet remains under-penetrated compared to global benchmarks, Careers in General Insurance by Vishwas Prabhakar Sahasrabuddhe serves as a timely and…

Centre clears Rs. 11,640 crore payout for PSU insurers, RBI and NABARD The Centre has approved a retrospective wage and pension revision for employees of public sector general insurers, the…

Govt targets 30 million PMJAY hospital admissions in FY27 The Union Health Ministry has set an ambitious target of 30 million hospital admissions under the Ayushman Bharat-Pradhan Mantri Jan Arogya…

Axis Max Life, Max Financial approve merger plan The boards of Axis Max Life Insurance and Max Financial Services Ltd have granted in-principle approval for their proposed amalgamation. Under the…

[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…

[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…