Top Indian Insurance Industry News & Updates - 03 April 2026,Friday

🏭 Industry

IRDAI designates LIC, GIC Re, New India Assurance as D-SIIs for FY26
The Insurance Regulatory and Development Authority of India (IRDAI) has designated Life Insurance Corporation of India, The New India Assurance Company Limited and General Insurance Corporation of India as Domestic Systemically Important Insurers (D-SIIs) for FY 2025-26.
National Insurance Company CMD be made party in criminal case, orders SC
The court also ordered the formation of a Special Investigation Team (SIT) to investigate the matter.
Comply with guidelines to curb dark patterns, IRDAI asks insurers
Insurance regulator IRDAI has advised insurers offering products on e-platform to carry out a self-assessment on the status of compliance with the Guidelines on Prevention and Regulation of Dark Patterns and submit report within 15 days.
GIFT City's insurance, reinsurance premium ecosystem grows to $1.2 billion
 
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🗎 Life Insurance

HDFC Life partners with Kolkata Knight Riders this cricket season

Pritika Shah, Head-Marketing, HDFC Life, said, "Given India’s diversity, we have been building our brand through culturally relevant region focused efforts in India. This association with Kolkata Knight Riders continues that journey for us. KKR’s fantastic following gives us an opportunity to deeply connect with households across the country, especially in the East.” Binda Dey, Chief Marketing Officer, Knight Riders Sports, said, “We are delighted to welcome HDFC Life as our Official Partner for IPL 2026. The most meaningful partnerships are those built on shared values, and HDFC Life’s ethos of pride and respect strongly reflects what KKR stands for as a team. Just as our fans trust us to give our all on the field, HDFC Life empowers millions of Indians with the confidence to face life beyond it. Together, we look forward to a collaborative partnership that creates memorable moments and resonates deeply with fans across the country.” Over the course of this association, HDFC Life will roll out a series of high-impact visibility and engagement led promotions across digital, social, on-ground and other touch points in collaboration with Kolkata Knight Riders.
LIC, New India Assurance, GIC Re retain systemically important status
 
LIC, HDFC Life, Bajaj Finserv, ICICI Prudential Life hit 52-week lows
 
What are the best term insurance plans for working women?
If you are over 30 years old and have people who are dependent on your income, you must buy a term insurance plan at the earliest, because term insurance rates rise with age. However, once locked in, the premium stays the same for the policy tenure. A term cover can ensure that your family maintains its lifestyle and can meet its major financial goals—such as home loan repayment, children’s education, or ageing parents’ expenses — even if you are no longer around. Check out Policybazaar's table of the best premiums specifically for women professionals living in metros.
📝  ‘Will seek one-year forbearance on Ind-AS rollout’: Casparus JH Kromhout, MD & CEO, Shriram Life Insurance
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Insuretech

📝  Motor Claims Made Faster & Hassle-Free: Policybazaar's Assured Delivery Program in 186 Cities
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🏦 SEBI

Supreme Court asks Sebi to close case against Sandesaras or face action
 
Sebi proposes return of open market share buybacks after tax changes
 
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🗎 Mutual Funds / AMCs

Stoppage of SIP leads to averaging down investment, Franklin Templeton India chief
Franklin Templeton Asset Management (India) has reduced its cash position substantially and remains fully invested in equity even as the markets went on a topsy-turvy ride.
ICICI Pru balanced fund raises equity allocation to 5-yr high
Source Credit: Prashant Mahesh, (Delhi Print Edition)
‘RBI move working..’: Deepak Shenoy flags sharp rupee rebound to 93 levels: Capitalmind Mutual Fund
https://www.livemint.com/market/stock-market-news/stock-market-holiday-are-bse-nse-closed-today-for-good-friday-2026-11775178165258.html
SIP flows rise for Franklin Templeton as firm buys stocks on dip
 
Franklin Templeton MF launches Sapphire Equity Long-Short SIF strategy
 
📝  TVS Venu Group acquires PGIM India Asset Management
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🗎 Equities, Pvt. Equity / Hedge Funds

CapitaLand Investment Ltd outlines 23 m sq ft India pipeline across business parks, logistics
CapitaLand Investment (CLI) is sharpening the contours of its India strategy, with a growing tilt towards logistics, data centres and capital recycling, even as it continues to scale its core business parks portfolio.
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🗎 Govt Securities / Bonds

HDFC Bank shares in focus as report signals action against 12 more executives in mis-selling of AT-1 bonds case
The controversy surrounding HDFC Bank, India’s largest private lender, shows no signs of abating, with media reports indicating potential action against 12 more executives over the alleged mis-selling of additional tier-1 (AT-1) bonds.
India 10-year bond yield cross 7% amid surge in crude oil prices; likely to remain elevated
Indian government bonds declined on Thursday — the first trading session of FY27 — with the benchmark yield rising for the twelfth consecutive session, driven by a sharp uptick in crude oil prices and caution ahead of a scheduled debt auction.
RBI retains bond structure, upgrades operations for savings bonds
 
📝  FPIs pull out Rs 17,689 cr from FAR G-Secs amid crisis in Middle East
📝  India bonds fall before first FY27 debt sale as war keeps oil high
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