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Indian general insurance industry grows almost 10% to Rs 3.36 trillion in FY 26, Health Insurers record faster growth

Indian general insurance industry grows almost 10% to Rs 3.36 trillion in FY 26, Health Insurers record faster growth

by AIP Online Bureau | Apr 9, 2026 | Eco/Invest/Demography, Indian News, Reinsurance

One of the noteworthy features of the industry, in FY26, is the growth story of seven Standalone Health Insurers(SAHI), which have, led by Start Health Insurance,grown their total premium by 19.40 per cent to Rs 45,865 crore and have expanded their market shares to...
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...
West Asia Crisis: War-risk insurance premium for Indian airlines moderates after reaching sky-high

West Asia Crisis: War-risk insurance premium for Indian airlines moderates after reaching sky-high

by AIP Online Bureau | Apr 3, 2026 | Eco/Invest/Demography, Indian News, International News, Non-Life

The additional war risk premium stood at approximately Rs 30,00,000 per round trip for a narrow-body aircraft and Rs 90,00,000 per round trip for a wide-body aircraft for a few days but nobody had paid it, said sources New Delhi: After shooting up,because of the...
Govt cheers OIC crossing Rs 20k gross premiumin in Fy 26, reiterates its continued support for PSU insurers

Govt cheers OIC crossing Rs 20k gross premiumin in Fy 26, reiterates its continued support for PSU insurers

by AIP Online Bureau | Mar 27, 2026 | Indian News, Non-Life, Policy

OIC poised to introduce forward-looking solutions like Sarvatra Suraksha Parametric Insurance Policy, Nil Depreciation Comprehensive Policies, including long-term variants and Surety Bond Insurance, aligning with evolving risk landscapes and national priorities. New...
Health insurance premium hikes driven by ageing policyholders,higher coverage, enhanced features and not due to inflation, says Govt

Health insurance premium hikes driven by ageing policyholders,higher coverage, enhanced features and not due to inflation, says Govt

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

As per Bima Bharosa portal of IRDAI, during FY 2024-25, 1,37,361 general and health insurance grievances were reported, out of which 1,27,755 (93%) were disposed of during FY 2024-25 itself. New Delhi: What is is forcing the insurers to jack up the health insurance...
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