Life Insurance News for May 2026
LIC approves 1:1 bonus issue to boost liquidity Life Insurance Corporation of India has approved a 1:1 bonus share issue, a move that will double its paid-up equity capital and…
LIC approves 1:1 bonus issue to boost liquidity Life Insurance Corporation of India has approved a 1:1 bonus share issue, a move that will double its paid-up equity capital and…
New India Assurance shares surge on FY26 growth update Shares of New India Assurance Company Limited jumped nearly 20% to close at Rs. 155.90 on the BSE after the insurer…
Jio Financial Services has entered into a partnership with Allianz to establish a primary insurance joint venture in India, marking a significant development in the country’s insurance sector. According to…
Term insurance purchases by non-resident Indians (NRIs) from India have doubled over the past two years, driven by rising awareness and geopolitical uncertainties, according to a report by Policybazaar. The…
Axis, Max Financial plan listing route for life insurance JV Axis Bank has entered into an agreement with Max Financial Services to unlock value from their joint venture, Axis Max…
Cent launches AI-driven early cancer detection platform Preventive health intelligence startup Cent has announced its launch with a focus on detecting life-threatening diseases such as cancer and cardiac conditions at…
India's general insurance industry continues to play a critical role in supporting economic stability, risk protection, and financial resilience across sectors. With expanding awareness, regulatory support, and increasing penetration of…
Tata AIA launches Shubh Flexi Pension Plan with lifetime income feature Tata AIA Life Insurance has introduced the Shubh Flexi Pension Plan, a retirement solution combining guaranteed lifetime income with…
Pay-as-you-drive (PAYD) motor insurance plans are witnessing increasing adoption, particularly among hybrid and remote workers, as changing work patterns reduce daily commuting and overall vehicle usage. According to the report,…
Navi, one of India’s fastest-growing digital financial services destinations, unveiled its Motor Insurance offering, further expanding its insurance portfolio and strengthening its focus on building simple, accessible, and customer-first financial…