Indian insurance companies are set to experience a dip in profitability during the January-March quarter of FY26, primarily driven by the rationalisation of goods and services tax on retail ...
India has granted an interim extension of one month to four Russian insurers to continue to provide marine cover to ships arriving at its port, the website of its ...
Analysts said, according to the new code, there will be a restructuring in the salary structure and there should be an increase in the share of contribution towards basic ...
The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual ...
Insurance participation in IPOs has risen but MF allocations have grown even faster Illustration: Dominic Xavier/Rediff Issuers have allotted nearly four times as much to mutual funds (MFs) as ...
The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in ...
The 13th-month persistency rate of life insurers — an important metric indicating the retention of new policies — declined in the first quarter of 2025-26 (Q1FY26). Illustration: Uttam Ghosh ...
'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.' IMAGE: Debasish Panda, chairman, Irdai. Photograph: ANI ...
'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.' Questions are raised by insurance industry experts on the legality, ...
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025. These initiatives are planned amid anticipation of ...