The Insurance Regulatory and Development Authority of India (IRDAI) has formed a dedicated working group on artificial intelligence (AI) to guide the adoption, oversight, and governance of AI technologies within…
SBI Life Q4 profit slips despite premium growth SBI Life Insurance reported a marginal 1.1 per cent decline in net profit to Rs. 804.6 crore in the January-March quarter of…
Young buyers exiting health insurance within 3 years: Survey More than half of young Indians aged between 24 and 34 who purchase health insurance discontinue their policies within the first…
High commissions remain a concern: IRDAI Chairman Ajay Seth said the sharp rise in insurance industry commissions indicates that the sector continues to operate with a structurally high-cost distribution model.…
SBI General Insurance FY26 profit rises 9% SBI General Insurance reported an 8.6% rise in net profit to Rs. 553 crore for FY26, compared to Rs. 509 crore in the…
Orientation Programme for Insurance Ombudsmen May 21, 2026 With a view to strengthening the effectiveness of the Insurance Ombudsman mechanism and aligning it with the evolving expectations of the Authority…
Diabetes treatment options recently received a boost with multiple launches of generic semaglutide, a leading class of drug (GLP1) for diabetes. The weight loss variant of the same drug being…
About Mr. G. Srinivasan Mr. G. Srinivasan has over 4 decades of successful experience in General Insurance Industry across various regions of India and abroad in all facets of insurance…
About Mr. B.D. Banerjee At 84, Octogenarian Mr BD Banerjee remains as fit as a fiddle. What began as a stroke of serendipity evolved into one of the most distinguished…
Union Finance Minister Nirmala Sitharaman has called upon insurance companies to improve service delivery and ensure faster, more efficient support for policyholders, reinforcing the government’s focus on customer-centric financial services.…