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Here is a masonry blog layout with no sidebarLIC launches an attractive offer for revival of lapsed policies
LIC has come up with an attractive offer for revival of lapsed policies. A Special Revival Campaign has been launched from Jan 01,2026 to Mar 02, 2026 for individual lapsed policies. Concession is being offered in late fee for all Non-Linked Insurance Plans upto 30%...
MeitY writes to X over “misuse of Grok AI” for obscene content, seeks action taken report within 72 hours
"Failure to observe such due diligence obligations shall result in the loss of the exemption from liability under section 79 of the IT Act, and you shall also be liable for consequential action as provided under any law including the IT Act and BNS," the letter said....
Jan1 Renewals:Most areas of market record price decreases, Conditions expected to persist into 2026, says Howden
This backdrop brings opportunities across the value chain. Buyers are benefitting from rate reductions and improved terms as supply exceeds demand in most areas whilst underwriting performance remains strong, delivering healthy profits and returns on capital.Buyers...
2025-one of 3 hottest years on record
WWA(World Weather Attribution) scientists identified 157 extreme weather events as most severe in 2025, meaning they met criteria such as causing more than 100 deaths, affecting more than half an area’s population or having a state of emergency declared. Of those,...
Planet-warming greenhouse gas emissions kept rising in 2025 and country pledges to cut them are nowhere near where they need to be to avoid catastrophic climate change, but there were silver linings too. The world is decarbonizing faster than was expected 10 years ago...
Govt probes insurers paying excessive distribution commissions without growing business
The Department of Financial services (DFS) has sent letters to general insurers and life insurers through their respective councils- General Insurance Council and Life Insurance Council- after both- the insurance regulator IRDAI and the banking regulator Reserve Bank...
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MCA relaxes KYC norms for directors, replaces annual filing with 3-yr cycle
A revised KYC form has been introduced, which can be used not only for KYC compliance but also for updating mobile numbers, email addresses and residential addresses, as well as for reactivation of the Document Identification Number (DIN). New Delhi: The Corporate...
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Aviation regulator issues notice to Air India crew over safety issues
The notice by the Directorate General of Civil Aviation (DGCA) pertains to operations of flight AI-357 from Delhi to Tokyo and AI-358 from Tokyo to Delhi New Delhi:India’s aviation regulator has issued a show-cause notice to Air India cockpit crew for operating...
Scheduled commercial banks allowed to become sponsors of Pension Funds
This will enhance competition and safeguard subscriber’s interests. The proposed framework seeks to address existing regulatory constraints that had limited bank participation till now. By introducing a clearly defined eligibility criteria based on net worth, market...
Indian auto industry closes 2025 on firm footing, broad-based sales growth reported in December
Maruti Suzuki India, the largest car maker in India, reported total sales of 217,854 units in December 2025, up from 178,248 units a year earlier. Domestic sales touched an all-time high of 182,165 units, underlining strong demand for compact cars and utility...
GIC Re set to expand its global business in Jan1 renewals
Globally reinsurance buyers enter the January renewal season with strong momentum. Exposures are evolving, demand is growing, capacity is abundant backed by industry capital is at record levels. Despite lingering headwinds, the market is well-positioned to support...
RBI faults Indian insurers’ high-cost distribution strategies
Premium growth in the Indian insurance industry has been increasingly driven by high-cost distribution-led strategies rather than operating efficiency. In non-life sector, commission growth has significantly outpaced other operating expenses, the RBI said mentioned in...
Domestic reinsurance capabilities through regulatory incentives need to augmented:RBI
In its Financial Stability Report, the central bank has cautioned the growing reliance on cross-border reinsurance suggests that the domestic market’s capacity may not be keeping pace with the specialized or large-scale risk transfer needs of Indian insurers,...
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