Brokers’ body IBAI Writes to PM Modi on IRDAI Proposals, Flags Risk to 10 Lakh Livelihoods
New Delhi: The Insurance Brokers Association of India (IBAI), the apex body of India's 798 licensed insurance brokers, has written...
Insurance News
Latest insurance news from the US, Europe and India covering life, health, motor, general insurance, regulations, insurers, brokers, claims and the insurance industry.
On a ₹5 Lakh Hospital Bill, ₹50,000 Would Be Yours: Insurers Weigh Compulsory 10% Co-Pay From 2027
Hospital Bill: A family handed a ₹5 lakh hospital bill would pay ₹50,000 of it themselves, even if the policy...
One Day Late, Zero Cover: What Happens the Moment Your Car Insurance Lapses
Car Insurance: For a policyholder whose car insurance ran out at midnight, the next morning looks no different. The car...
No National ID, No Health Insurance: Nepal Sets December 16 Deadline
Nepal: From mid-December, a Nepali citizen who wants to join the government's health insurance scheme, renew a policy or use...
Health Insurance Buyers May Have to Pay 10% of Hospital Bill Soon
Health Insurance: For years, the promise of a comprehensive health policy in India has been simple: get admitted, get treated,...
IRDAI Wants Premium, Reinsurance and Claim Money to Skip the Middleman
IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) has proposed that insurance premium move directly from the customer's...
Car Dealers Earn Up to 38% Commission on Your Insurance. IRDAI Wants to Cut It
Car Insurance: Most new-car buyers in India reach the same moment at the showroom. The paperwork is nearly done and...
Sidharatha Mishra to head ICICI Life as Anup Bagchi moves to HDFC Bank
Sidharatha Mishra: ICICI Life Insurance Limited, formerly ICICI Prudential Life Insurance Company Limited, has appointed Sidharatha Mishra as its next...
Gopal Snacks Gets Insurer’s Final ₹36.40 Crore Approval for Rajkot Fire Claim
Gopal Snacks: Almost 22 months after a fire broke out at one of its production units in Gujarat, Gopal Snacks...
Jio Allianz General Insurance Gets Rs 640 Crore Capital Boost From Both Partners
Jio Allianz: Five months after putting their names on a new general insurance company, Jio Financial Services Ltd and Allianz...
HDFC Bank appoints ICICI Prudential Life CEO Anup Bagchi as MD & CEO
HDFC Bank on Thursday appointed Anup Bagchi as its Managing Director and Chief Executive Officer for a three-year term, bringing...
India’s Insurers Are Spending Faster Than They Are Selling, McKinsey Finds
New Delhi, Insurers: India has opened bank accounts for nearly nine in ten adults, built a national digital identity system...
IRDAI Extends Deadline for Public Insurance Registry Feedback
IRDAI: The Insurance Regulatory and Development Authority of India (IRDAI) announced on 30 September 2026 that it has extended the...
IRDAI Chairman: Insurance Costs Have Crept Back Up, and the Sector Must Go Back to Being Efficient
New Delhi, IRDAI: Insurers are not resisting the regulator's plan to change how insurance is sold in India, IRDAI Chairman...
Anupam Mittal Questions IRDAI’s Commission Logic; Yashish Dahiya Says “It’s Not About Price”
Shaadi.com founder Anupam Mittal has questioned the reasoning behind the Insurance Regulatory and Development Authority of India's (IRDAI) proposed reforms...
