Go Digit Life Insurance Limited (Digit Life Insurance), one of India’s leading new-age life insurance companies, announced its entry into the retirement segment, launching two variants of Digit Life Pension…
Marking another significant milestone in delivering on the true promise of insurance, Policybazaar has facilitated over ₹3,016 crore worth of term insurance claims since 2018. Despite being one of the…
The latest Swiss Re report projects that global insurance growth in 2026 will show a marked divergence between the non-life and life segments. The non-life insurance sector is expected to experience…
Union Home Minister Amit Shah announced the formation of a cooperative life insurance company aimed at expanding financial inclusion and providing accessible life insurance coverage across India. The initiative is…
A consumer court has directed an insurer to pay ₹20.25 lakh to the family of a woman who died just eight days after purchasing a life insurance policy. The insurance…
Aviva Plc has taken full ownership of Aviva India, months after the Indian government approved 100% foreign direct investment (FDI) in the insurance sector. The move consolidates Aviva’s position in…
NBFCs can distribute insurance without RBI approval The Reserve Bank of India (RBI) has allowed non-banking financial companies (NBFCs) to distribute insurance products without seeking prior approval from the central…
ICICI Prudential Life launches guaranteed market-linked plan ICICI Prudential Life Insurance has launched ICICI Pru Signature Secure, the Indian life insurance industry's first Unit Linked Insurance Plan (ULIP) to include…
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…
A policyholder secured a ₹20,000 compensation after Life Insurance Corporation of India (LIC) delayed the payment of ₹83,000 over 11 years. The dispute arose when LIC failed to disburse maturity…