Top Indian Insurance Industry News & Updates - 28 Feb 2026,Saturday
🗎 Life Insurance
ICICI Prudential Life Insurance, SK Finance tie up to offer credit life solutions
SK Finance, a leading non-banking finance company, has announced a strategic partnership with ICICI Prudential Life Insurance Company to offer group credit protection insurance solutions for customers of SK Finance.
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🗎 General Insurance
📝 Drive electric with confidence: Royal Sundaram's EV protect add-on now available for comprehensive coverage
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🗎 Health Insurance
Galaxy Health Insurance set to close first full fiscal year with around ₹150 crore premium
Galaxy Health Insurance, a standalone health insurer just about 16 months into operation, is set to close FY26 with about Rs 150 crore in premium. Further, the company is looking to clock about ₹350 crore in premium for FY27. Jointly promoted by the families of TVS’ Venu Srinivasan and Star Health founder V Jagannathan, the insurer has currently recorded about ₹125 crore in premium, with one month remaining in the fiscal.
Strong demand, rise in complex treatments, GST exemption on health insurance to drive 15% growth in private hospitals: Crisil
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🏦 SEBI
Sebi move to discontinue solution funds set to disrupt 850,000 SIPs
CA body urges Sebi to address delays, restrictive norms in RA registration
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🗎 Mutual Funds / AMCs
Sebi revamps mutual fund categories: Experts explain changes for investors
Explained: What Sebi's new MF categorisation means for AMCs and investors?C
TRUST MF launches mid-cap NFO
📝 SIP muscle reshapes India’s IPO market as DIIs dictate valuations
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🗎 Equities, Pvt. Equity / Hedge Funds
Stride Ventures secures PIF backing, targets $1 billion global deployment
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🗎 Govt Securities / Bonds
Municipal bonds offer a good spread over G-Secs
With the public issue of several municipal bonds in the pipeline, retail investors can diversify their portfolio by adding exposure to urban infrastructure projects. Their repayment is linked to revenue streams such as property taxes, water charges, or project-linked cash flows.
Bank of Baroda to raise up to ₹10,000 cr via green infra bonds on March 4
State-owned lender Bank of Baroda plans to raise up to ₹10,000 crore through issuance of green infrastructure bonds on March 4.
Sri Lanka’s 1st Blue Bond dually listed on NSE IX at GIFT City
Sri Lanka’s first-ever Blue Bond — an LKR 3 billion issuance by DFCC Bank — has been dually listed on the NSE International Exchange (NSE IX) at GIFT City, marking the first blue bond to be admitted for trading within India’s International Financial Services Centre (IFSC) jurisdiction.
SEBI updates guidelines for independent reviewers of green debt securities
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