Medical inflation in India is soaring, making health insurance unaffordable and leading to higher out-of-pocket expenses.

Insurance tech and digital insurance platforms are likely to be compelled into recalibrating their life insurance products, ...

Investments have quadrupled, and total premium growth has gone up from Rs 7.6 lakh crore in FY20 to Rs 11.9 lakh crore in ...

India's insurance industry, currently at 3.7% GDP penetration, anticipates structural reforms like GST rationalization and composite licensing in the 2026 Union Budget.

The Insurance Regulatory and Development Authority of India (IRDAI) has reconstituted the Reinsurance Advisory Committee (RAC) with immediate effect, as part of its continued efforts to strengthen ...

According to Irdai, the non-life insurance industry’s overall ICR stood at 82.88 per cent in 2024–25, slightly higher than ...

IRDAI’s latest report highlights widespread life insurance mis-selling in India, as RBI data shows rising early policy exits and surrender-led payouts.

Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for overshooting the prescribed limits on expenses, which mainly include commissions. The ...

According to the Survey, a central feature of the reform is the sharp increase in the foreign direct investment (FDI) limit ...

New Delhi, Jan 4 (PTI) Mis-selling is a significant concern in the insurance sector, and insurers need to conduct a root cause analysis to identify the underlying causes, the regulator Irdai said in ...