According to provisional data from the Life Insurance Council's...
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Rs 8.5 lakh crore DII inflows dwarf FPI outflows in FY26: SEBI
The strong domestic participation helped push DII ownership in the...
IRDAI should fast-track risk-based capital framework; GST on insurance needs rationalisation: Parliamentary panel
The Committee noted that the 18 per cent GST on insurance products...
Aviva buys out Dabur’s 26%, takes full control of its Indian life JV
The acquisition follows recent regulatory foreign direct investment ("FDI") changes in India, which now allow foreign insurers to increase their shareholdings in local insurance companies to 100% This is the second deal in the Indian insurance sector in a week when a...
AIC conferred 17th Impact Leadership Award 2026
L-R:Haribhau Kisanrao Bagde,Governor, Rajasthan, Dr Lavanya Mundayur, CMD, AIC, Rajnath Singh, Union Defence Minister,Justice P Sathasivam,Former Chief Justice of India and Former Governor of Kerala at the the Agriculture Leadership Awards ceremony on Wednesday in New...
AI’s biggest challenge is restoring trust in Indian insurance industry: PwC
L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC's new...
LIC highlights stronger profitability, market leadership in investor presentation
Outlining its future priorities, the corporation said its strategy would focus on increasing the share of non-participating products, strengthening profitability, expanding bancassurance and alternate distribution channels, accelerating digital transformation, and...
Amit Shah announces new cooperative life insurance firm, ‘Bharat Taxi’ expansion to 500 cities
"We will be setting up a life insurance company in the cooperative sector. This will help in the growth of cooperatives in the insurance sector."Union Minister Amit Shah New Delhi:Union Minister Amit Shah on Monday said a cooperative life insurance company will be set...
ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
As per the current law, an entity cannot be a promoter in two insurance ventures. As a result, Prudential has to reduce its shareholding in ICICI Pru Life to under 10 per cent from around 22 per cent at present. Mumbai:The decision with regard to re-classification...
AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy
Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...
India seeks to quell public backlash on ethanol-mixed fuel after ‘experiment’ remark
The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi's government and motorists in the world's third-biggest car market. NEW DELHI: India's government on Friday sought...
World’s biggest domain seller fears India’s fake site crackdown could damage internet
Starting in 2019, lawsuits were brought by dozens of Indian and global firms - Amazon against fake shopping sites trading on its name and McDonald's complaining against bogus sites offering franchises. In December, an Indian court blocked more than 1,100 such...
IRDAI plans commission overhaul to curb insurance mis-selling
There have been concerns that hefty upfront commissions encourage distributors to prioritise sales volumes over customer suitability, resulting in mis-selling and customers being pushed into purchasing policies frequently. MUMBAI: India's insurance regulator is...