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News
Low insurance penetration, reforms to drive India's insurance growth; profitability challenges remain: S&P
3+ hour, 48+ min ago (228+ words) India's insurance sector is poised for significant long-term growth, supported by structural reforms, low insurance penetration, and a favourable regulatory environment, although macroeconomic headwinds and profitability pressures remain key risks, S&P Global Ratings said on Thursday. The report comes…...
Life insurance is no longer about preparing for the worst; it is about building financial stability
2+ mon, 4+ day ago (432+ words) Most people think of life insurance as something you buy for your family, a safety net that steps in when you are not around. And yes, it does that job incredibly well. But there is a much bigger story unfolding....
Prudential is moving from JV model to majority control in India’s insurance sector: Explained
2+ mon, 2+ week ago (322+ words) UK-based Prudential plc has announced the acquisition of a 75% stake in Bharti Life Insurance for ₹3,500 crore from Bharti Life Ventures Pvt. Ltd and 360 ONE Asset Management, in a move that signals a major restructuring of its India strategy. The development…...
Bajaj Life Insurance declares record ₹1,939-crore bonus for participating policyholders
2+ mon, 4+ week ago (234+ words) Bajaj Life Insurance has announced a record bonus of ₹1,939 crore for the financial year 2025–26, marking its highest-ever annual bonus declaration and a 5.8% increase over the ₹1,833 crore bonus announced in FY25. The bonus will benefit more than 11.89 lakh policyholders invested in the…...
Life insurers’ new business grows 15.7% in FY26 vs 5.1% in FY25; private players outpace LIC
3+ mon, 1+ week ago (387+ words) India’s life insurance sector staged a broad-based recovery in FY26, with new business premiums (NBP) registering a strong double-digit expansion, supported by regulatory normalisation, improved traction across segments, and a sharp year-end push. The momentum was especially visible in March 2026, when…...
Axis Max Life-IFC partner to make life insurance accessible for underserved communities
8+ mon, 3+ week ago (201+ words) To increase access to life insurance and promote greater financial inclusion in India, Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited, today announced a strategic partnership with the International Finance Corporation (IFC). IFC has invested…...
Consumers under 40 delay life insurance as marriage, parenthood come later: Capgemini-LIMRA report
10+ mon, 3+ week ago (331+ words) Consumers under 40 often ignore traditional life insurance plans, citing a mismatch with their life stage, according to the World Life Insurance Report 2026, a joint study by the Capgemini Research Institute and LIMRA. The report shows that, although 68% of adults under…...