Search For "insurance sector"
India's insurance market poised to reach $222 bn by 2026, growing at 17% C
Updated : 1 year ago IST
India's insurance sector has witnessed significant growth and development over the past few years with the domestic insurance market grown at a CAGR of 17 per cent over the last 2 decades and is expected to reach a size of USD 222 billion by 2026, according to Teamlease Regtech report.
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Star Health Insurance Ranks Highest In Sustainability Among Indian Insuran
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], February 18: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest retail health insurance provider, has secured the highest sustainability score among insurance companies in the Indian Insurance sector in S&P Global Corporat
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Universal Sompo Prioritizes Customer Empathy in Claims Settlement
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 11: Universal Sompo General Insurance, a trusted service provider in the insurance sector, reaffirms its commitment to delivering a seamless claims experience built on speed, transparency, and care.
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Enough guardrails in Budget proposal to enhance FDI limit in insurance sec
Updated : 1 year, 1 month ago IST
She said while the exemption applies up to Rs 12 lakh, the rates across income bands have been reduced, ensuring lower taxes for all.
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Budget 2025: FDI limit for insurance sector raised to 100%
Updated : 1 year, 1 month ago IST
"The FDI limit for the insurance sector will be raised from 74 to 100 per cent. This enhanced limit will be available for those companies which invest the entire premium in India. The current guardrails and conditionalities associated with foreign investment will be reviewed and simplifie
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India's Insurance sector will be the fastest-growing among G-20 nations: E
Updated : 1 year, 1 month ago IST
India's insurance sector is expected to be the fastest-growing market among G20 nations over the next five years (2024-2028), according to the Economic Survey 2024-25 presented in Parliament on Friday.
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India's life insurance industry at an "inflexion point", poised to grow st
Updated : 1 year, 2 months ago IST
The life insurance sector in India is at an "inflection point" and is poised to grow due to a variety of good reasons. Financial services company Centrum Broking in a report asserted that it remains constructive on the life insurance industry owing to favourable macro factors.
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Adgully Launches the Inaugural FINIXX Summit & Awards to Celebrate Inn
Updated : 1 year, 3 months ago IST
New Delhi [India], December 12: Adgully has announced the launch of the FINIXX Summit & Awards, a premier event dedicated to recognizing and celebrating excellence and innovation in India's BFSI (Banking, Financial Services, and Insurance) sector. This maiden event will take place on 13t
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Govt proposes to raise FDI limit in insurance sector to 100%, seeks public
Updated : 1 year, 3 months ago IST
The central government has floated a few proposals for the insurance sector, including raising the FDI limit in Indian insurance companies from 74 per cent to 100 per cent, and enabling an insurer to carry on one or more classes of insurance business and activities.
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HDFC ERGO's Latest Film Celebrates the Unsung Heroes of Insurance Sector
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], November 28: HDFC ERGO General Insurance Company, India's leading private sector general insurer, has launched a heartwarming film to highlight the important role, which insurance advisors play in the lives of the customers. Featuring the conversations of rea
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Celebrating International Fraud Awareness Week 2024: Combating Insurance F
Updated : 1 year, 3 months ago IST
Pune (Maharashtra) [India], November 21: As we enter the International Fraud Awareness Week 2024, it's an opportune moment to reflect on the critical issue of insurance fraud along with the collective efforts required to combat it. The general insurance sector is intricately linked to most o
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India's insurance sector AUM projected to grow to USD 11 tn by 2047 from U
Updated : 1 year, 3 months ago IST
India's insurance sector is set to witness remarkable growth, with its Assets Under Management (AUM) projected to surge to USD 11 trillion by 2047 from USD 0.7 trillion in 2023, according to a report by Boston Consulting Group (BCG) and India InsurTech Association (IIA).
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