Women are actively engaged in managing their finances but continue to face gaps in financial guidance, so a more tailored, life-stage-based advisory solution is needed, according to a study report by HSBC.
The obligatory cession for the financial year 2026-27 will be retained at 4% and will be entirely placed with the state-owned Indian reinsurer GIC Re.
Insurance claims related to liver diseases in India have doubled over the past three years and this surge reflects not only increasing disease severity but also the widening demographic and geographic spread of the disease, according to a new analysis by Indian health insurer Care Health Insurance.
Prudential Health India has appointed: Mr Amit Dave as CEO and Managing Director, subject to regulatory approval, and Mr Abhishek Saraf as COO.
Term insurance purchases by non-resident Indians (NRIs) through India have doubled over the past two years, with younger customers accounting for a growing share of buyers, according to a report by Policybazaar.
Axis Max Life, formerly known as Max Life Insurance, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score (NPS) of 61.
Health risks are on a rising trajectory in India, however, the financial preparedness for these rising risks is still lagging, according to a new survey conducted by TATA AIG General Insurance to coincide with World Health Day which is celebrated every year on 7 April.
The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a sub-committee aimed at reviewing the current landscape of private health insurance in India. The move is part of its efforts to boost the penetration of health insurance.
India treaty renewals at 1 April took place in a well-capitalised and increasingly competitive environment, with reinsurer appetite remaining strong across most lines, according to a report published by Gallagher Re.
The financial protection gap for critical illnesses is widening, even as employers and insurers step up preventive care efforts and introduce cost-sharing measures to help manage rising treatment costs, according to a report released by Aon.