Moody's Ratings reports India's insurance sector will benefit from government recapitalization and merger plans for state-owned insurers, boosting profitability and easing pricing pressures amid strong economic 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.
Health insurance claims surged 21% in FY25, but settlements grew only 13%, reveals Irdai data. Public sector insurers paid more than premiums collected. Read about the growing gap.
Britain plans new sanctions targeting shipping insurers facilitating Russian oil exports, closing loopholes in existing price cap measures. Learn how this affects global energy markets.
India's life insurance industry achieved 21% annual premium growth despite October slowdown due to GST waiver removal. Private insurers lead with 26% growth. Read full analysis.
In a dramatic market shift, public sector insurance companies have increased their collective market share to 58.4% during April-September 2025, marking significant growth and reversing previous trends against private insurers.