insurance news

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…

IRDAI clears Allianz Jio Reinsurance, Kiwi General Insurance The Insurance Regulatory and Development Authority of India has approved two new insurance entities—Allianz Jio Reinsurance Limited and Kiwi General Insurance Limited—to…

Insurers’ premium growth crosses 20% in November on GST relief India’s insurance sector recorded a sharp rebound in November, with both life and non-life segments posting over 20 per cent…

Tier-II, Tier-III cities drive bulk of new health insurance policies Tier-II and Tier-III cities have emerged as the primary growth engines of India’s health insurance market, accounting for 62 per…

Berkley branch becomes first P&C insurer in GIFT City with dual licences Berkley Insurance’s IFSC branch at GIFT City has become the first property and casualty insurer to hold both…

Key Developments Covrzy, a Bengaluru-based insurtech startup, operating under Bizcovr Insurance Broking Private Limited, has secured a direct broking (general) license from the Insurance Regulatory and Development Authority of India…

This is further to our Circular ref: IRDAI/SDD/MISC/CIR/248/11/2017 dated 8th November, 2017 with regard to the Prevention of Money-laundering (Maintenance of Records) (Second Amendment) Rules, 2017. The Central Government has…

The General Insurance (GI) Council is eying a 2.5% non-life insurance penetration by 2030 along with a target of premium collection of Rs 4 lakh crore by FY25. Presently the…

Kotak General Insurance has recently announced the launch of its unique Sandbox initiative based on the essentials of the preventive healthcare ecosystem. To help the customers to monitor their mobility…