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News
India's non-life insurance growth moderated despite health, motor boom
8+ hour, 52+ min ago (200+ words) Asianet Newsable According to the report, motor insurance growth remained steady at 14 per cent, supported by motor own-damage premiums, which rose 17 per cent, and third-party premiums, which increased 12 per cent. The performance was broadly consistent with healthy vehicle sales. Commercial…...
India life insurance premium up 20.7% in July, policy growth flat
1+ week, 10+ hour ago (291+ words) India's life insurance industry recorded a sharp rise in new business premium in July 2026 even as growth in the number of policies remained nearly flat, with higher group business emerging as the key driver of premium growth, according to data…...
SBI Life, J&K Bank partner to expand insurance access across India
2+ week, 7+ hour ago (236+ words) SBI Life and J&K Bank partner to bring comprehensive life insurance solutions closer to families across India. Under this strategic corporate agency tie-up, over 1,000 branches of J&K Bank will offer the entire suite of SBI Life's protection, savings,…...
India's non-life insurance sees sharp recovery in June on health, motor
4+ week, 2+ day ago (89+ words) Asianet Newsable "The non-life industry recorded strong growth in June 2026, with GWP growth at 18% yoy (ex-crop), primarily driven by health premiums (up 23% yoy) and motor insurance (up 14% yoy), while commercial lines such as fire and marine hull remained weak," the…...
Life insurance grew 2.5x in decade, major reforms on horizon: IRDAI
1+ mon, 2+ week ago (334+ words) Though the rollout of the Bima Sugam platform is running slightly behind schedule, Seth mentioned that the final integration of products by September end is poised to alter the distribution landscape. Crucially, the Bima Sugam model does not depend on…...
India’s Insurance Density at $72: What the Gap Means for Individual Financial Security
2+ mon, 4+ week ago (547+ words) Life insurance density is calculated by dividing the total premium collected in a country by its population. Basically, it helps indicate how widely insurance products are being used and how financially prepared households are overall. Countries with higher insurance density…...
Retail health insurance booms, drives non-life sector growth in India
2+ mon, 4+ week ago (399+ words) Asianet Newsable Retail health insurance booms, drives non-life sector growth in India Retail health insurance premium growth surged to 31% YoY in April 2026, anchoring the non-life industry's 9% GWP growth. Private insurers and SAHIs captured market share from PSUs, with motor insurance…...
NBBL onboards Postal Life Insurance on Bharat Connect for easy payments
3+ mon, 4+ week ago (290+ words) NPCI Bharat BillPay Limited (NBBL) has onboarded Postal Life Insurance (PLI) as a biller under the insurance category on the Bharat Connect platform, enabling over 1.25 crore policyholders to pay premiums through digital and offline channels. A biller is a service…...