PNB MetLife India Insurance Company Limited (PNB MetLife) has been recognized by Great Place To Work® India among India’s Top 20 Best Companies to Work For 2026, strengthening its standing…
Indian marine insurers are urging regulators and industry stakeholders to maintain the marine war risk insurance pool even after the recent ceasefire in conflict-affected regions. They argue that geopolitical uncertainties…
Insurance companies are boosting AI-related hiring by 32% even as broader workforce reductions continue in the sector, according to industry reports. The trend reflects growing reliance on artificial intelligence for…
Ageas Federal Life Insurance has secured the #1 position in the industry for Retail (Individual) Claim Settlement Ratio, recording a settlement ratio of 99.82%, according to the latest public disclosures for…
India’s motor sector continues to witness steady growth, driven by increasing vehicle ownership. The VAHAN registration data indicates nearly 20% growth in June 2026 compared to the previous year. As vehicles…
As artificial intelligence becomes increasingly embedded in insurance operations, regulators are shifting their attention from broad AI principles to operational accountability and governance. Industry experts note that insurers are now…
The Government of India has announced plans to sell up to a 5% stake in General Insurance Corporation of India (GIC Re) through an Offer for Sale (OFS). The stake…
Global insured catastrophe losses have exceeded $100 billion annually for six straight years, underscoring the increasing complexity of the risk environment facing insurers and businesses. Rising losses from natural disasters,…
General Insurance Corporation of India (GIC Re) reported a 3.27% increase in standalone net profit for the quarter ended March 2026, reflecting stable financial performance amid evolving market conditions. The…
Mahindra & Mahindra has incorporated a life insurance joint venture with Canadian financial services group Manulife, marking a significant step in expanding its presence in the financial services sector. The…