Insurance Reforms Needed in Budget to Bridge Coverage Gap
India's insurance penetration lags at 3.7% of GDP. Experts urge tax parity for pensions, wealth products & stamp duty relief in rural areas to enhance financial inclusion.
India's insurance penetration lags at 3.7% of GDP. Experts urge tax parity for pensions, wealth products & stamp duty relief in rural areas to enhance financial inclusion.
India's insurance sector is poised for robust growth in 2025, fueled by government reforms, digital adoption, and rising awareness. Leaders highlight key trends shaping the future. Read more.
Insurer rejected a bacterial meningitis claim? Learn the steps to successfully challenge the denial, from policy review to ombudsman. Expert advice from Insurance Samadhan.
Orange Biotech Private Limited unveils a nationwide PCD pharma franchise with high-profit margins, monopoly rights, and extensive product portfolio for entrepreneurs. Start your own pharma business today!
Discover crucial yet often overlooked travel insurance covers in India, from adventure sports to mental health. Ensure you're fully protected on your next trip. Read more!
Noida's consumer court directs Cigna TTK Health Insurance to pay a ₹35,000 claim with interest for wrongly labeling it as fraud. The insurer failed to verify documents properly. #ConsumerRights #HealthInsurance
Stanford Professor Susan Athey highlights India's unique chance to lead in customised AI solutions. Global models lack local context, creating a massive domestic market for implementation-focused innovation.
Haryana govt reveals Rs 116+ crore in PMFBY crop insurance payouts are stuck for 2022-25. Bhiwani district worst affected. Steps taken for digital resolution.
Starting April 2025, term insurance premiums will be GST-free. Learn how this tax change impacts your financial planning and boosts insurance affordability in India.
Lok Sabha passes key insurance bill, raising FDI limit to 100% and strengthening IRDAI. Can it bridge India's low insurance density gap without over-regulation?
Learn how the principle of contribution in marine insurance impacts claim settlements when multiple policies cover the same risk. Essential reading for Indian shippers and exporters.
Parliament has approved the Insurance Amendment Bill 2025, amending three key laws: the Insurance Act, 1938, LIC Act, 1956, and IRDA Act, 1999. Read about the sector's transformation.
Dense winter fog in North India increases accident risks. Learn how investing in a dashcam can provide crucial evidence and streamline your motor insurance claims process.
The Sabka Bima Sabki Raksha Bill 2025 marks India's biggest insurance reform, allowing 100% FDI, new intermediaries, and stronger policyholder protection. Read the full analysis.
LIC, Niva Bupa, and ICICI Lombard shares rallied after the Lok Sabha passed the Insurance Laws (Amendment) Bill, 2024, boosting investor sentiment for the sector's growth.
The Indian government is considering a fresh capital infusion of up to ₹5,000 crore into three struggling state-owned general insurers to shore up solvency and enable future reforms like consolidation or sale. Read the full analysis.
The Lok Sabha has passed a crucial bill to increase the foreign direct investment limit in the insurance sector to 100%. This move aims to boost capital inflow and enhance insurance penetration in India. Read more for details and analysis.
PB Partners, a leading PoSP insurance advisor, has inaugurated a new Experience Center in Delhi's Rajendra Place. The center aims to simplify insurance and provide expert guidance to customers.
Finance Minister Nirmala Sitharaman tables bill to raise FDI in insurance to 100%, sparking protests. Get the latest updates on the parliamentary debate.
The Indian government introduces a landmark bill to allow 100% foreign direct investment in the insurance sector. Learn about the Sabka Bima Sabki Raksha Act and its potential impact.
The new insurance bill aims for 100% FDI, easier access, and universal protection by 2047. Discover how it changes rules for LIC, IRDA, and policyholders.
Finance Minister Nirmala Sitharaman introduces Insurance Laws Bill, 2025, aiming for 100% FDI, enhanced policyholder protection, and 'Insurance for All by 2047'. Read the key amendments.
The Sabka Bima Sabki Raksha Bill 2025 aims to transform India's insurance sector with 100% FDI, niche licences, and a shift to regulation-driven oversight. Read the key changes.
A district finance head in Latur allegedly murdered a drunk man, burning him alive in a car to fake his own death and claim a Rs 1 crore insurance payout to clear Rs 97 lakh debt. Police cracked the case in 24 hours.
Essential guide for NRIs on term insurance in India. Learn about coverage, tax benefits under Section 80C & 10(10D), and crucial policy guidelines for financial security.
Galaxy Health Insurance announces its foray into travel insurance. MD & CEO G. Srinivasan reveals a ₹400 crore Gross Written Premium target by FY27 and launches a new integrated health product.
A debt-ridden Latur resident arrested for murdering a drunk man to stage his own death and claim ₹1 crore insurance. Police unravel the chilling plot.
Karnataka RERA directs builders to insure common areas, ruling they cannot leave residents to foot disaster repair bills. A recent fire case highlights the mandate.
Ernakulam consumer court rules denying claim for road accident treatment as unfair practice. Insurer ordered to refund Rs 94,276 with interest & compensation. Details inside.
India's life insurers are boosting trust with faster, digitized claim settlements. Explore the drivers, regulatory changes, and persistent challenges like nomination gaps. Learn what truly counts in life insurance.