Kasturi Sengupta, Secretary General, General Insurance Council...
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Indian general insurance industry grows almost 10% to Rs 3.36 trillion in FY 26, Health Insurers record faster growth
One of the noteworthy features of the industry, in FY26, is the...
RBI holds rates,lowers GDP growth for FY 27 to 6.9%; hikes Inflation outlook to 4.6% due to West Asia crisis, spike in crude prices
“Higher input costs associated with an increase in energy prices...
Insurance sector remains constrained by a high-cost distribution model inflating protection cost:Economic Survey
Nirmala Sitharaman Union Minister for Finance and Corporate Affairs The insurance sector stands at a pivotal juncture, as it remains constrained by a ‘low-penetration, high-cost’ equilibrium driven by a high-cost distribution model that has inflated the cost of...
India’s economy projected to grow at 6.8 to 7.2 pc in FY27: Economic Survey
The growth projection has taken into consideration the cumulative impact of policy reforms over recent years that appear to have lifted the economy’s medium-term growth potential closer to 7 per cent New Delhi: The Economic Survey on Thursday projected the GDP growth...
Urban Company and HDFC Pension forge partneship to secure future of 50,000 service professionals
As part of the affiliation, HDFC Pension will manage pension contributions providing a seamless digital experience for on-boarding, account management and long-term retirement planning, while Urban Company will facilitate awareness and access to the program across its...
Digit Insurance pays first moisture index-based parametric insurance claim to Rajasthan farmers
The total policy sum insured for excess moisture and drought parametric coverage was Rs 1.5 crore for around 2,200 acres of land spread across four districts: Tonk in Rajasthan and Gorakhpur, Jaunpur and Varanasi in Uttar Pradesh. Bengaluru: Go Digit General Insurance...
SC agrees to hear pleas related to June 12 Air India plane crash
On September 22, while entertaining the plea of the NGO, the top court termed as “unfortunate and irresponsible” the selective publication of a preliminary report on the Air India crash, which outlined lapses on the part of pilots and paved the way for a “media...
Crashed aircraft killing Ajit Pawar solely insured by ICICI Lombard General for Rs50 crore, has reinsurance support
ICICI Lombard General Insurance has reinsurnace support for providing the cover to the business aircraft by ceding manadatory four per cent to state owned GIC Re along with a treaty policy wth Munich Re The Learjet 45 (LJ45), a mid-size business jet aircraft produced...
RBI proposes rules for banks to implement relief measures during natural disasters, to kick in from April 1
India ranks sixth globally in climate vulnerability, according to the Germanwatch Global Climate Risk Index 2025, which tracked events between 1993 and 2022.During this period, India experienced over 400 extreme weather events, resulting in at least 80,000 deaths and...
PFRDA constitutes 9-member panel to review and modernise NPS investment framework
It will benchmark these norms against global pension systems and assess them in the context of India’s evolving investment ecosystem. The objective is to strengthen the NPS investment architecture to support long-term retirement wealth creation, enhance...
IRDAI’s mandatory online Reinsurance Exchange begins on Apr1, to include brokers, offline payment
This innovative system, with a view to transforming India’s reinsurance landscape, brings together all key stakeholders (Cedants(insurers) , Intermediaries and Reinsurers) onto a single, unified platform that transforms how reinsurance transactions totalling Rs 1.14...
NHA chief emphasises strategic importance of building a trusted, federated AI ecosystem for healthcare
Citing AB PM-JAY (Ayushman Bharat Pradhan Mantri Jan Aarogya Yojana) and the Ayushman Bharat Digital Mission (ABDM), Barnwal underscored the importance of developing AI solutions that are context-ready, inclusive, and reflective of India’s demographic and regional...