Top Indian Insurance Industry News & Updates - 16 Dec 2025,Tuesday
🏭 Industry
Insurance Laws Amendment Bill to be tabled in Lok Sabha: What it means for India’s insurance sector
The Union Cabinet on Friday approved the Insurance Laws (Amendment) Bill, 2025, paving the way for its introduction in the Lok Sabha during the ongoing Winter Session of Parliament, which ends on December 19. The Bill has been listed in the Lok Sabha bulletin among key legislations scheduled for discussion.
📝 Cyber cover rush gathers pace as digital risks mount
📝 India holds road shows to explore share sale in state-run GIC, sources say
📝 100% FDI to deepen insurance penetration, not disrupt top players: Nitin Raheja, Julius Baer Wealth Advisors
📝 Lawmakers set to debate 100% FDI in insurance proposal
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🗎 Life Insurance
📝 HDFC Life accepts bids for bond issue
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🗎 General Insurance
Flight cancellations: Travel insurance pays for non-refundable expense
The widespread disruptions due to Indigo’s flight cancellations had left thousands of travellers stranded. For them the challenges stretched far beyond a cancelled flight.
Govt holds road shows in London to explore stake sale in General Insurance Corp of India
New Delhi: The Indian government held road shows in London to assess investor interest for a minority stake sale in state-run General Insurance Corp of India (GIC), two government sources familiar with the matter told Reuters. India plans to sell a total of 10 per cent stake in the insurer in tranches to meet the market regulator’s minimum public shareholding norm, Reuters reported last year. Out of this, the government offloaded its 3.4 per cent shareholding in the insurer in September 2024.
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🗎 Health Insurance
Galaxy Health estimates 5–6% bottom-line impact from GST cut
Galaxy Health Insurance, the country’s youngest standalone health insurer, is estimating a 5–6% impact on its bottom line following the recent Goods and Services Tax (GST) rate cut, according to a senior company official.
Galaxy Health Insurance launches outpatient care-driven insurance plan
Chennai: Galaxy Health Insurance, a standalone health insurance company promoted jointly by Star Health founder V Jagannathan and the TVS Group’s Venu Srinivasan, has in the last 14 months, since its launch, clocked around ₹85 crore of premium. The company has a target to achieve a Gross Written Premium (GWP) at around ₹400 crore in FY27. The insurer has settled around 1,500 claims, and now serves about 3.5 lakh customers with around 15,000 agents into their fold, G Srinivasan, MD & CEO, Galaxy Health Insurance, said at an event here on Monday.
📝 FDI hike to 100% in insurance to spur capital, competition and innovation: Aditya Birla Health CEO
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🏦 SEBI
Sebi mulls distribution framework for fixed income securities
The Securities and Exchange Board of India (Sebi) is planning to roll out a distribution framework for fixed income products soon, people aware of the development told FE.
Sebi, Amfi to ease SIF exam amid low distributor count
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🗎 Pension Funds/PF
Over 1.22 lakh central govt employees, including new recruits opt for Unified Pension Scheme
New Delhi: A total of 1,22,123 central government employees, including new recruits, serving staff and past retirees, have opted for the Unified Pension Scheme (UPS) as of November 30, 2025, Parliament was informed on Monday. Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha, said the government has provided a one-time, one-way option for employees who have opted for UPS to revert to the National Pension System (NPS) at any stage during their service, subject to specified conditions. However, this facility will not be available in cases of removal, dismissal or compulsory retirement imposed as a penalty, or where disciplinary proceedings are ongoing or contemplated.
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🗎 Mutual Funds / AMCs
HDFC AMC vs. Nippon Life: Which wealth manager wins the 2026 race?
Dalal Street is witnessing the rush of asset management companies (AMC) to get listed and currently a leading private sector AMC player is raising funds via its IPO.
ICICI Prudential AMC IPO oversubscribed, led by strong QIB, NII demand
Bengaluru: The initial public offering (IPO) of ICICI Prudential Asset Management Company (AMC) was subscribed 2.11 times on the second day of bidding, driven by strong interest from institutional and non-institutional investors, while retail participation remained muted.
MF margins to face pressure; volumes to compensate: ICICI Pru AMC
Source Credit: Prashant Mahesh, The Economic Times
Kotak Flexicap Fund delivers Rs 18.6% 5-Year CAGR, outpacing benchmark for direct growth investors
Key Takeaways
Investors using index v? funds for long term wealth creation: Pratik Oswal, chief of passive business at Motilal Oswal Asset Management Company
‘An Indo-US trade deal could bolster case for India’: Stephen Dover, chief market strategist at Franklin Templeton
SEBI plans phased roll-out of SWP, STP facility for demat MF units
The Securities and Exchange Board of India (SEBI) is planning a phased roll-out of the Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP) facilities for mutual fund units held in demat form, allowing only unit-based transactions in the first phase, while deferring amount-based plans and liquid fund STPs to a second stage, people familiar with the matter said.
📝 NCDEX gets Sebi nod for mutual fund platform ahead of equity launch
📝 Franklin India Flexi Cap Fund turns Rs 10,000 SIP to over Rs 17 crore in 31 years; nears Rs 20,000 Crore AUM
📝 Children’s Mutual Fund AUM surge by 160% in 5 years to Rs 25,675 crore; SBI Magnum Children's Benefit Fund top return chart: ICRA Analytics
📝 Mutual fund fee revamp, simplified IPO disclosures on Sebi Board agenda
📝 ICICI Group’s 5 epic IPOs: Rs 5,750 cr bank issue to Rs 10,602 cr mega AMC IPO – Full list inside
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🗎 Equities, Pvt. Equity / Hedge Funds
57 months of equity inflows
At the end of November 2025, the mutual funds industry’s asset under management (AUM) crossed INR80 lakh crore. This marked positive inflows into equity mutual funds for 57 months since March 2021, when the monthly inflow was just over INR9,000 crore, and the AUM stood at just over INR30 lakh crore. However, trends indicate that investors across equity, hybrid, and alternative mutual funds categories have continued to show strong confidence in professionally-managed portfolios, which reflect both the market performances, and rising retail participation.
Calm after the storm: Equity market sees fewer wild swings in H2CY25
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🗎 Govt Securities / Bonds
PSU bond issues hit pause as yields harden despite RBI rate cut
Mumbai : A growing disconnect between monetary policy signals and bond market pricing is forcing state-owned borrowers to step back from planned fundraisings.
IRFC scraps ₹5,000 cr 10-year zero-coupon bonds issue as cut-off rises
📝 India bonds steady as supply pressure offsets RBI's plan to buy liquid notes
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