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Health insurance prm hits Rs1.37 trillion,surges 15.4 % in FY 26, Fire replaces Crop as 3rd largest industry portfolio

Health insurance prm hits Rs1.37 trillion,surges 15.4 % in FY 26, Fire replaces Crop as 3rd largest industry portfolio

by AIP Online Bureau | Apr 20, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance

With No1 position, Health Insurance share in the Indian general insurance industry has inched up to 40.80 per cent in FY 26 from 38.63 per cent in FY25 In a noteworthy development, though, there has been no premium hike in the premium of mandatory TP Motor cover, for...
New India ends FY26 with a global premium of around Rs 47,000 crore

New India ends FY26 with a global premium of around Rs 47,000 crore

by AIP Online Bureau | Apr 5, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation

Girija Subramanian, CMD, New India Assurance Recovering from a slow growth, Indian general insurance industry is expected to touch Rs 3.35 trillion of premium in FY 26 `New India Assurance is on track toward achieving Rs 50,000 crore premium milestone. Strong growth...
Singapore general insurance market’s gross written premiums rise 8.4% to S$6.09 billion in 2025

Singapore general insurance market’s gross written premiums rise 8.4% to S$6.09 billion in 2025

by AIP Online Bureau | Mar 26, 2026 | Eco/Invest/Demography, Health, International News, Non-Life

Despite the higher claim environment, the domestic segment strengthened its underwriting performance. Underwriting profit rose 32% to S$289 million in 2025, up from S$219 million in 2024. This reflects the continued resilience of Singapore’s general insurance market....
Govt notifies wage revision for PSU general insurance industry

Govt notifies wage revision for PSU general insurance industry

by AIP Online Bureau | Feb 11, 2026 | Indian News, Non-Life, Policy, Reinsurance

The overall hike in wage bill will be 12.41 per cent with an increase of 14 per cent on existing basic pay and dearness alowance.A total of 43,247 PSGIC employees will benefit from this revision.The total outgo for the six companies will be to the tune of Rs 8170.30...
Budget 26-27:Repositioning general insurance as essential economic and social infrastructure

Budget 26-27:Repositioning general insurance as essential economic and social infrastructure

by AIP Online Bureau | Jan 26, 2026 | Articles, Eco/Invest/Demography, Reinsurance, Technology

Significant focus on insuring houses and SME/MSMEs is also critical to ensure that the asset and lifestyle creation of India is not at risk due to physical or economic volatility. With rising climate linked events, rapid urbanisation, and increasing asset ownership...
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