The Government of India is reportedly considering increasing the insurance coverage available under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) as part of broader efforts to strengthen financial protection…
Insurance and pension systems will play a crucial role in building a resilient and economically secure “Viksit Bharat” as India progresses toward long-term development goals, according to recent policy discussions.…
India stands at a decisive crossroads in the evolution of its insurance sector. The regulatory changes, digital connectivity, diverse insurer options, and InsurTech innovations are the major driving forces behind…
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is playing a significant role in advancing the government’s vision of achieving “Insurance for All” by 2047, according to the Chief Executive…
India’s insurance sector is emerging as one of the country’s largest untapped financial opportunities, driven by low penetration levels and significant growth potential. According to the report, insurance penetration in…
Sri Lanka has set a target to achieve a 2% insurance penetration rate by 2035, signaling a renewed focus on expanding insurance coverage and strengthening the sector’s contribution to the…
Rural India is emerging as the primary driver of insurance growth, surpassing metro markets in terms of expansion and new customer acquisition, according to recent findings. The shift highlights changing…
Heirs Insurance Group and United Capital have partnered to advance financial inclusion initiatives specifically targeting women, reinforcing the growing focus on gender-inclusive financial strategies. According to the report, the collaboration…
Kotak Mahindra Life Insurance Company has entered into a strategic partnership with Utkarsh Small Finance Bank to distribute its life insurance products, strengthening its bancassurance footprint and expanding access to…
[caption id="attachment_30373" align="alignleft" width="137"] Dr. Ajay Verma[/caption] For many years, rural insurance in India has been primarily driven by intent. It is frequently mentioned in regulatory debates, inclusion goals, and…