Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise yo
The framework, released on February 6, 2026, replaces the existing flat premium rate of 12 paise per Rs. 100 of assessable deposits (AD) with a differential pricing structure. Under the revised system, banks will be categorised based on risk scores derived from the Deposit Insurance and Cred
Bengaluru (Karnataka) [India], February 17: Happy Pet, India's first pet technology company, has raised a strategic investment from Dr. Devi Shetty, Founder and Chairman of Narayana Health, along with his family. The investment signals strong confidence in Happy Pet's vision to modernize Ind
Noida (Uttar Pradesh) [India], December 30: When it comes to car insurance, many insurers have introduced multiple attractive features in their policies to ensure that every car is insured. No Claim Bonus (NCB) is a feature or reward that allows car owners to make considerable savings on the
From FY15 onwards, growth resumed as insurers adapted to the new regulatory environment and diversified their product mix and channels. Private sector Annual Premium Equivalent (APE) recovered to Rs 250 billion in FY15 and increased steadily to Rs 286 billion in FY16, Rs 349 billion in FY17
Mumbai (Maharashtra) [India], December 8: Health insurance pricing is closely tied to the real costs of treatment. When hospitals revise tariffs or newer therapies become standard, claim values move accordingly, and premiums reflect that shift.
Mumbai (Maharashtra) [India], December 4: Vehicle insurance premiums are expected to rise as insurers face higher reinsurance costs. Reinsurance assists insurance firms in managing major and unforeseen claims by distributing the risk with international partners. As the charges are raised by
The life insurance industry witnessed a decline in new business premiums (NBP) in October 2025, primarily due to the recent Goods and Services Tax (GST) exemption on life insurance premiums.
Hyderabad (Telangana) [India], November 10: Shriram Life Insurance Company Ltd. (SLIC) reported a 17% year-on-year growth in Individual New Business Premium (NBP) in H1 FY26, rising from Rs. 542 crore in H1 FY25 to Rs. 635 crore in H1 FY26. In comparison, the private industry grew by 8% duri
Mumbai (Maharashtra) [India], October 30: If you have been pricing a new mediclaim policy or preparing for renewal, you have probably heard about the new Goods and Services Tax rules. From 22 September 2025, individual health insurance premiums carry 0% GST. That is a major regulatory change
Speaking at the Indo-Pacific Regional Dialogue (IPRD), Tripathi said that illegal, unreported, and unregulated fishing; piracy; arms and narcotics trafficking; human smuggling are issues faced in maritime suuroundings.
New Delhi [India], October 1: Life insurance is one of the most important ways to secure your family's financial future. Upto September 21, 2025, every policyholder had to pay an extra 18% GST on premiums, making protection plans costlier than the base premium. That changes from September 22