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INSURANCE NEWS
IRDAI chief appeals to pvt insurers’ innovative streak with examples of impactful govt schemes
Mon, Nov 24, 2025     Source : Financial Express
There is much to be learnt for the insurance sector, particularly by the private sector insurers, from endeavours like the Indian postal department’s Rural Postal Life Insurance- an endowment product, says...
INSURANCE NEWS
Health insurers see frauds in Rs 50,000 claim segment
Mon, Nov 24, 2025     Source : Economic Times
Health insurers are reporting a sharp rise in fraud in small and mid-value claims, especially those around Rs 50,000 and below and in the digestive ailments as these segments have lesser scrutiny and easie...
INSURANCE NEWS
FinMin renews merger proposal of state-owned general insurance companies
Mon, Nov 24, 2025     Source : Economic Times
The Finance Ministry is considering an earlier proposal to merge the three state-owned general insurance companies into a single entity, following their improved financial health, to achieve better efficie...
INSURANCE NEWS
Super top-ups in health insurance: Match deductible with base sum insured
Fri, Nov 21, 2025     Source : Business Standard
When base and super top-up are from different insurers, the second insurer may offer reimbursement, not cashless
INSURANCE NEWS
Can my insurer deny claim for not disclosing an illness that was fully resolved before taking the policy?
Fri, Nov 21, 2025     Source : Mint
To invoke non-disclosure, insurers must show the condition was active when the policy was bought and medically linked to the current ailment.
INSURANCE NEWS
Ayurvedic hospitalization: Why insurers push back—and how to win claims
Thu, Nov 20, 2025     Source : Mint
Ayurvedic treatment claims face colser scrutiny form insurers due to cost and necessity concerns.
INSURANCE NEWS
Insurers asked to not give misleading ads on claim settlement
Thu, Nov 20, 2025     Source : Economic Times
India's insurance regulator has asked general and standalone health insurers to stop using misleading claim-settlement figures in advertisements and to jointly develop a standard formula that all companies...
INSURANCE NEWS
Govt mulls restrictionson medical cover costs; stricter disclosurenorms on the table
Wed, Nov 19, 2025     Source : Economic Times
The government has begun discussions with the insurance regulator, industry executives and hospital groups on ways to rein in surging health insurance premiums, as rising medical costs and uneven claim set...
INSURANCE NEWS
Life insurers should simplify products, extend rural reach: Irdai's Swaminathan Iyer
Wed, Nov 19, 2025     Source : Economic Times
India's life insurance industry should simplify products and push deeper into rural markets if it wants to meet the country's ambition of achieving insurance for all by 2047, Irdai member (life) Swaminatha...
INSURANCE NEWS
Term insurance: Pick insurer with consistently high claim settlement ratio
Wed, Nov 19, 2025     Source : Business Standard
A strong persistency ratio signals customer trust, better service and fewer disputes, while a high claim settlement ratio shows how reliably an insurer honours claims-key checks before buying term cov
INSURANCE NEWS
LIC seeks GST relief, tax-free premium hike to boost sales
Tue, Nov 18, 2025     Source : Economic Times
Life Insurance Corporation (LIC) has urged the government to make key tax and regulatory changes in the upcoming Union budget to boost policy sales, protect insurer margins after goods and services tax (GS...
INSURANCE NEWS
Insurers mull premium hike as claims mount due to rising air pollution
Mon, Nov 17, 2025     Source : Business Standard
Health insurers are weighing 10-15% premium hikes and city-based pricing as pollution-linked claims rise sharply across metros, driven by increasing health complications and higher medical costs
INSURANCE NEWS
GST cut lifts life, retail health insurance growth: Irdai member Sood
Sat, Nov 15, 2025     Source : Business Standard
Deepak Sood says zero GST on life and health insurance has sparked strong growth, with demand set to accelerate in H2FY26 as the industry pushes for deeper penetration and better distribution
INSURANCE NEWS
Non-life insurers told to work closely with states, build trust
Sat, Nov 15, 2025     Source : Economic Times
India's insurance regulator Friday urged general insurers to expand state-level partnerships and work closely with local administrations to strengthen policyholder trust.
INSURANCE NEWS
Mahindra & Mahindra, Manulife plan new drive, in life insurance
Fri, Nov 14, 2025     Source : Economic Times
Mahindra & Mahindra (M&M), India’s biggest SUV maker with diversified interests, would now enter the life insurance business through a 50:50 joint venture with Canada-based financial services group Manulif...
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