India is expected to receive below-normal monsoon rainfall in...
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IRDAI approves transmission of late Jhunjhunwala’s stake in Star Health
Star Health has received approval from Insurance Regulatory and...
New India names new CRO and CUO
New India Assurance has appointed Mary Abraham as its chief risk...
All insurance offices wil remain open on Mar31
The IRDAI has asked insurers to keep their branches open as per normal working hours on March 31, 2026.March 31 is a gazetted and public holiday in India owinng to Mahavir Jayanti.``The insurers may take note of the above and give adequate publicity to the special...
Navi launches Motor cover
Navi General Insurance has launched a Motor cover. Customers can purchase comprehensive, own-damage or third-party policies for cars and two-wheelers directly on the Navi app, with instant policy issuance, transparent pricing and zero commissions. ``Motor insurance is...
Shriram General Insurance launches Shri Health Suraksha 2.0
Shriram General Insurance Company (SGI) today announced the launch of Shri Health Suraksha 2.0, an enhanced health insurance suite engineered for greater flexibility and "all-inclusive" protection.Key Features of Shri Health Suraksha 2.0:Automatically restores the sum...
Go Digit gets GST demand notice of about ₹170 crore for FY18-FY22
Go Digit General Insurance on Saturday said it has received a demand notice of about ₹170 crore for short payment of goods and services tax (GST) for nearly five years.The company has received an order copy from the Office of the Commissioner of GST & Central...
TATA AIG launches Personal Accident policy
TATA AIG General Insurance today announced the launch of Accident Super Guard Plus, a flexible personal accident insurance solution designed to provide comprehensive financial protection against unforeseen events.The policy is available for individuals and families,...
Lockton in partnership with AdvantageClub.ai lauches employee wellbeing solution in India
Re/Insurance broker Lockton in partnership with AdvantageClub.ai, today launched ‘LocktonThrive’, its proprietary employee wellbeing solution powered by Lockton Services India designed to help organisations deliver a unified, personalised, and digital-first wellbeing...
Utkarsh Small Finance Bank’s strategic partnership with Kotak Mahindra Life Insurance
Utkarsh Small Finance Bank today announced a strategic partnership with Kotak Mahindra Life Insurance marking a significant milestone in the bank’s product expansion strategy. This collaboration significantly strengthens Utkarsh SFBL’s life insurance vertical,...
Aon sets up a new office in Mumbai
Rishi Mehra, CEO, India and Head of Strategy, Human Capital, Asia Pacific, Aon Global re/insurance broker Aon plc announced that it is combining its three existing Mumbai offices into a single, modern corporate location at One Unity Centre in Lower Parel, Mumbai. The...
DPIIT notifies 100% FDI in the insurance sector
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce and Industry Ministry has notified 100% foreign direct investment (FDI) in the insurance sector following the enactment of legislation in this regard.The Government of India has...
New Sabki Raksha (Amendment of Insurance Laws) Act, 2025 comes into force from Feb 5
The government notified that Sabki Raksha (Amendment of Insurance Laws) Act, 2025 will be implemented from Feb 5 The entire new act will come into force except section 25, said the Department of Financial services.. Also Section 32A of the Act has been kept in...