Top Indian Insurance Industry News & Updates - 21 Feb 2026,Saturday

🗎 Life Insurance

LIC raises holding in Cipla to 9%
State-owned Life Insurance Corporation of India’s has increased its holding in drugmaker Cipla from 7% to 9% in less than three months.
ICICI Prudential Life’s GST appeal dismissed; Rs 984 crore tax demand upheld
ICICI Prudential Life Insurance Company has received an unfavourable order from the Commissioner of CGST and Central Excise (Appeals-III), Mumbai, upholding a tax demand related to the reversal of input tax credit under the Goods and Services Tax (GST) law, as per the company’s filing with the stock exchange. 
Distributor commission revamp could raise policyholders' returns: Experts
 
Read More >>

🗎 General Insurance

‘Product & channel diversification key to cut distribution costs’, says Naveen Chandra Jha , MD & CEO, SBI General Insurance
SBI General Insurance has clocked the premium growth 1.7 times the non-life insurance industry in the first nine months of the current fiscal. Managing Director and CEO Naveen Chandra Jha discusses with Narayanan V about the segments contributing to the growth, industry’s high distribution costs and focus areas.

Excerpts:
Parametric insurance can help cushion climate-linked blows
A recent report highlights that India experienced extreme weather on nearly every day of the first nine months of 2025, heatwaves, storms, floods, and landslides left a deep human and economic impact. Nearly 4,000 lives were lost, 9.5 million hectares of crops destroyed, and almost 100,000 homes ruined. Each statistic reflects a story of hardship and uncertainty.
Read More >>

🗎 Health Insurance

CGHS medical reimbursement ceiling doubled to Rs 10 lakh: Big relief for central govt employees
In a major relief for central government employees and pensioners, the Ministry of Health & Family Welfare has enhanced the medical reimbursement ceiling under CGHS and CS(MA) Rules from Rs 5 lakh to Rs 10 lakh. The new order allows Heads of Departments (HoDs) to settle eligible medical reimbursement claims up to Rs 10 lakh without consulting the Integrated Finance Division (IFD), provided the claims strictly follow prescribed CGHS rates and no relaxation of rules is involved.
Read More >>

🏦 SEBI

Sebi clears 4 public offer proposals; Gaudium IVF IPO booked 88% on Day 1
The Securities and Exchange Board of India (Sebi) issued final observations on the draft red herring prospectuses (DRHPs) of four companies during the week, clearing them to launch initial public offerings (IPO). The firms include Integris Medtech, a medical technology platform, and Anjali Labtech, a lab-grown diamond producer.
Sebi’s lower social-impact entry bar raises retail mis-selling concerns
The Indian market regulator’s proposal to reduce the minimum investment limit in social impact funds (SIFs) has raised concerns that it might result in mis-selling for retail investors, even as the industry welcomes it as a step to increase participation in the segment.
Sebi pursues fund diversion allegations against Zee Entertainment
India’s market regulator has issued a show-cause notice to Zee Entertainment Enterprises Ltd. and its leadership, reviving allegations of fund diversion and governance lapses that derailed its planned merger Sony Pictures Networks India.
Sebi cautions against scams, mis-selling amid rising retail participation
 
SEBI looking at reshuffling of advisory committee members
The Securities and Exchange Board of India (SEBI) has started the process of reshuffling members of several of its industry and expert advisory committees, according to people familiar with the development. The exercise has begun with the Commodity Derivatives Advisory Committee (CDAC), for which invitations have already been sent to potential new members.
Read More >>

🗎 Pension Funds/PF

ICICI launches Swasthya Pension Scheme blending retirement and healthcare
 
Read More >>

🗎 Mutual Funds / AMCs

‘Improved earnings will reflect in the equity markets going forward’: Yogesh Patil, CIO-Equity, LIC Mutual Fund
The Indian stock market has been volatile for quite some time. However, Yogesh Patil, CIO-Equity, LIC Mutual Fund believes that once things are settling down in the global front, money will be flow back into emerging economies. He tells Kushan Shah that the industry should be consistently telling investors about benefits of long-term investing during such times. Excerpts: 
PPFAS Mutual Fund opens new branch in Borivali (West)
Mumbai (Maharashtra): PPFAS Mutual Fund has expanded its Mumbai footprint with the opening of a new branch office in Borivali (West), aimed at enhancing accessibility for investors and partners in the western suburbs and nearby regions. Mrs. Geeta Parikh Parikh and Mr. Neil Parag Parikh inaugurated the branch in the presence of employees of the Company.
LIC MF launches Technology Fund; SIP starts from ₹100: Who should invest?
 
Fund managers rebalance MAAFs after run-ups, so stay invested
 
Silver, Gold ETFs and SEBI’s measured framework
The Securities and Exchange Board of India (SEBI), in consultation paper, has proposed introducing price bands for exchange-traded funds (ETFs), particularly focusing on Gold and Silver ETFs. The market regulator put forward these measures in response to sharp fluctuations in global precious metal prices, driven by ongoing macroeconomic uncertainty and geopolitical tensions. These factors have significantly impacted silver ETFs, with some experiencing price declines of more than 20 per cent a few days back in a single day, leading to increased volatility in performance and investor valuations.
📝  SBI Funds to file $1.5-bn-IPO papers next month, listing to be concluded by Sep: Chairman
Read More >>

🗎 Equities, Pvt. Equity / Hedge Funds

JSW Infra approves equity fundraise to fuel growth, meet MPS norms
 
Read More >>

🗎 Govt Securities / Bonds

The rebirth of ‘Municipal Bonds’ could trigger new investment opportunities
For decades, India’s urban infrastructure was funded by a mix of state grants and bank loans, leaving the bond markets as a mere footnote.
Total corporate bond issuances declined 6% in 9MFY26 amid rising yields and shift towards bank credit: RBI Bulletin
 
NABFID Withdraws ₹5k-cr Issue amid demand for higher Yields
Mumbai : State-run corporate NABFID, which was in the market on Friday to raise up to ₹5,000 crore in three-year bonds, withdrew its issuance after the cutoff yield was higher than expected.
Read More >>

✈ International News

📝  India gives one month extension to four Russian insurers
Read More >>


Corporate Office

405, TSL Corner
Local Shopping Complex
Sector G Mayur Vihar Phase III
Delhi - 110096, India

Contact

contact@nurcmedianext.com
nurcmnx@gmail.com
nurcmedianext@gmail.com
+91-11-49849324, +91-9958949710