Top Indian Insurance Industry News & Updates - 16 March 2026,Monday
🏭 Industry
Of mis-selling and insurance for all by 2047: A bancassurance reality check
Recent steps by the finance ministry, the Reserve Bank of India (RBI), and the Insurance Regulatory and Development Authority of India (Irdai) are charting a path for curbing mis-selling in bancassurance. The focus is on plugging supervisory gaps, making banks accountable for every insurance policy sold through their counters, and fine-tuning audit and suitability checks as well as the incentive structure for bank employees.
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🗎 General Insurance
Marine insurance’s added cost of war
India’s general insurance sector is feeling the heat of the ongoing US-Israel war with Iran, with the conflict spilling over to multiple countries in West Asia.
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🗎 Health Insurance
Choosing a Health Insurer you can trust in 2026: 9 real-world checks (Hospitals, Cashless, Support)
Mumbai: Buying health insurance is not only about comparing premiums or picking a plan that looks popular online. What matters more is whether the insurer feels dependable when you need hospital care, cashless approval, policy clarity, and support during a stressful moment. If you want to choose health insurance with greater confidence in 2026, look beyond advertisements and focus on checks that reflect real policy experience. The points below can help you assess an insurer in a more informed and careful way.
‘After 5 years, health claims cannot be rejected unless fraud is proven’
Health insurance is only as good as the claims it pays. In an interview with bl.portfolio, Siddharth Singhal, Business Head – Health Insurance at Policybazaar.com, explains the basics to avoid claim rejections and flags common sticking points that delay or derail claims. Here are edited excerpts.
📝 Cancer care under Ayushman Bharat needs Rs 33,000 crore annually, far above current allocation: Study
📝 Star Health Insurance sees bigger role for AI in claim settlement, to invest more on tech
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🏦 SEBI
Sebi chief urges investors to stay patient amidst global market uncertainty
Citing past experience, Pandey said, "Markets experienced turbulence ... but they eventually stabilised."
SEBI sets conditions for intraday borrowings by mutual funds from April 1
‘Extreme volatility doesn’t last forever’: SEBI Chairman backs India’s market depth amid West Asia energy shock
📝 Sadanand Date takes charge as Sebi executive director
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🗎 Pension Funds/PF
Punjab Govt pensioners urged to submit Digital Life Certificate
The move aims to provide greater convenience to pensioners and bring transparency to the pension disbursement system, she said.
📝 Why pension planning can no longer be optional
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🗎 Mutual Funds / AMCs
PSU mutual funds defy market slump in 2026 with strong three- and five-year returns
With equities on a steady downward spiral due to a host of factors, including the war in the Middle East, is there any sliver of hope left in the space? While most equity mutual fund (MF) categories have slipped into the red during the short-term and have not generated great returns in the three and five-year timeframe, funds that invest in shares of PSUs (Public Sector Units) have been an exception.
Why it’s time to exit this large-cap fund
In the current market volatility following the war situation in West Asia, even large-cap indices have seen significant corrections.
DWS Group buys 40% in NAIF for ₹733 cr
📝 Volatility is a feature of equity markets, not a bug: Radhika Gupta urges new investors to stay calm
📝 Vedanta to raise ₹2,575 cr via NCDs; issue oversubscribed; ICICI, Kotak among key investors
📝 Groww MF launches Nifty PSU Bank ETF
📝 Vedanta to raise ₹2,575 cr via NCDs; ICICI, Kotak among key investors
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🗎 Equities, Pvt. Equity / Hedge Funds
India PE/VC funds tap domestic capital as global LPs grow selective
As global fundraising conditions remain uneven, the growing participation of domestic investors could play an increasingly important role in sustaining capital flows into India’s private markets.
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