Indian Insurance Industry News & Updates
Bridging the affordability gap in term life insurance
India is home to several households where a single income often supports an entire family or even generations. Life insurance is one of the most important financial tools for protecting household income, with term insurance remaining its simplest and most affordable form. Yet, despite widespread awareness about its importance, India continues to remain significantly under-protected. Millions of households still either do not have adequate term cover or postpone purchasing it altogether.
El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD
The global macroeconomic environment remained challenging as the lingering impact of the West Asia conflict could weigh on global growth & inflation and the turn towards monetary tightening by major central banks remained a risk for global liquidity and growth, said India’s biggest private sector bank HDFC Bank’s MD & CEO Sashidhar Jagdishan in his message for shareholders in the bank’s latest annual report which was released on Saturday (July 11, 2026).
What's next for insurance after 100% FDI: Governance challenges ahead
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, read with the Foreign Exchange Management (Non-Debt Instruments) Amendment Rules, 2026, has dismantled the long-standing foreign direct investment (FDI) cap and enabled overseas investors to establish wholly owned Indian insurers under the automatic route. The response from global players has been swift. The Insurance Regulatory and Development Authority of India (Irdai) has already granted registration to Prudential Plc’s HCL Prudential Health Insurance, while QBE Holdings has secured approval to hold 100 per cent equity in its Indian general insurance arm.
SEBI employees will need to liquidate all ‘non-permitted investment’, disclose professional interests
Taking lessons from the controversy involving its former Chairperson, the Securities and Exchange Board of India (SEBI) has amended regulations governing employee service. A new clause has been added prescribing liquidation of all non-permitted investment at the time of joining. In addition, employees will need to disclose details of their professional interests during the last three years.
Expect moderate returns this year as macro headwinds mount: SBI Pension Fund CIO
A continuation of the conflict in West Asia could lead to further downgrades in corporate earnings, Sandeep Pandey, chief investment officer at SBI Pension Fund, told Mint in an interview. As companies face mounting margin pressures, they are likely to pass higher costs onto consumers, creating an inflationary environment, Pandey said. He added that currency volatility is another major risk, noting that if global interest rates rise faster than India's, it could put additional pressure on the rupee.
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