High premiums, low funds key barriers to buying health, term insurance
A survey of nearly 4,000 individuals, conducted by India’s leading insurance aggregator Policybazaar, revealed that 31 per cent of respondents cited high premiums, and 26 per cent pointed to insufficient funds as the primary reasons for not purchasing health, and term insurance. According to the “How India Buys Insurance” report, about 83 per cent of the respondents surveyed said they are aware of the need for a health insurance policy, but only 19 per cent actually own one, showing a gap between intent and ownership. While there is an increase in inclination towards health insurance, 30 per cent of the respondents neither own such a policy nor do they intend to buy it in the future.

ICICI Prudential hopes to outperform life insurance industry in terms of APE growth for medium term
The private sector life insurer feels it would be difficult to provide APE growth guidance for the current financial year at this point in time due to current market volatility.

SBI Life joins hands with Lucknow Traffic Police for a public awareness initiative in the city
 

CCI clears Patanjali, 5 other entities' proposal to acquire 98 pc stake in Magma Gen Insurance
Patanjali and 5 other entities get CCI clearance to acquire 98% stake in Magma Gen Insurance
The Hindu Business Line

United India Insurance, SIDBI in pact to offer insurance products for MSMEs
 

ICICI Lombard General Insurance Q4 net falls 1.9% on muted growth in gross premium
 

Life insurance is an interest area for us, says Star Health MD & CEO Anand Roy
Mumbai: India's largest private health insurer Star Health & Allied Insurance Co. Ltd plans to venture into life insurance business by potentially acquiring a life insurance company once the government allows composite licence for insurers in India, says Anand Roy, MD & CEO, Star Health.

Heath insurance in India ought to cover preventive care as well
India’s health insurance system ignores one of the most effective tools in modern medicine: preventive care. Despite overwhelming global evidence that early intervention reduces hospitalizations, disabilities and healthcare costs, Indian insurance policies rarely if ever cover the cost of preventive medication for chronic and life-threatening conditions. These are the very treatments that can keep patients out of hospitals—yet they remain out of reach for many simply because their value goes unrecognized.

Gensol promoters Anmol Singh, Puneet Singh Jaggi step down after Sebi order; co denies talk of merger or sale
Gensol promoters used firm like piggy bank for personal use, says Sebi order

Guardrails in place to check fraud: Sebi Chairman Tuhin Kanta Pandey
 

House panel asks labour ministry to evaluate EPS by the end of 2025
 

Nippon India Mutual Fund expands digital partnership with Adobe
New Delhi: Nippon India Mutual Fund (NIMF) has expanded its strategic partnership with Adobe to enhance its digital investor experience. By leveraging Adobe’s generative AI-powered content and digital asset management system, Adobe Experience Manager (AEM) Sites and AEM Assets, NIMF aims to create a more personalised, e-commerce-like, persona-driven journey for investors across its website and mobile app. NIMF’s digital transformation efforts focus on improving investor engagement through dynamic content delivery, streamlined asset management, and an omni-channel experience. AEM Sites will deliver tailored content across web and mobile platforms, while AEM Assets will optimise media management workflows, maintaining brand consistency and accelerating time to market. The company aims to reduce bounce rates and significantly increase website conversions.

Arpanarghya Saha, Chief Digital Officer at NIMF, emphasised the importance of digital innovation to enhance investor experiences. “As investors increasingly engage via digital channels, our partnership with Adobe enables us to create personalised, seamless interactions,” he said.

MFs pare holdings in IndusInd; FPIs, retail investors add
Mutual funds have cut their exposure to IndusInd Bank to 27.55% in the January-March quarter, from 30.31% in the October-December quarter. Promoter shareholding, too, saw a marginal decline to 15.83% from 16.29%, according to the latest shareholding data on the BSE.