For requisitioned vehicles, govt to pay third party damages: SC
New Delhi: Supreme Court has said that if a private vehicle requisitioned by a district administration meets with an accident, then liability would be fastened on govt and not the insurance company for payment of compensation , reports Dhananjay Mahapatra.

Credgenics expands into insurance with launch of AI-powered engagement platform CredInsure
New Delhi: As insurance companies expand their customer base and product portfolios, managing policyholder engagement across renewals, servicing, and premium collections has become increasingly complex. Many insurers still rely on fragmented systems, manual follow-ups, and person-dependent processes, which can lead to missed renewals, policy lapses, and inconsistent customer experiences. As improving persistence ratios and strengthening long-term policyholder relationships become key priorities, insurers are increasingly looking for more integrated and data-driven engagement frameworks.

Infosys to acquire Stratus, insurance tech firm, for $95 million
Infosys has announced a definitive agreement to acquire Stratus, a technology solutions provider for the property & casualty (P&C) insurance industry for up to $95 million, including upfront and earnouts, excluding management incentives, and retention bonus.

IPL insurance premiums likely to drop 15-20% this year on lower claims
 

Tata AIA Life Insurance launches three new funds: Large Mid Cap Innovation Fund, Large Mid Cap Innovation Pension Fund, and Global AI & Technology Leaders Fund
Mumbai (Maharashtra) [India], March 26: Tata AIA Life Insurance, a leading private life insurance company in India, today launched three new funds offering investors a unique opportunity to capitalize on India's growth potential and global technological advancements, all while benefiting from life insurance protection through Tata AIA's Unit Linked Insurance Plans (ULIPs).

Allianz Jio Reinsurance begins operations after approval from Irdai
 

India's health insurance premiums cross ₹1.2 lakh crore in 2024-25: Finance Ministry
New Delhi: India's health insurance sector continues to witness robust growth, growing at a rate of around 9 per cent, with total health insurance premiums volume exceeding ₹1.2 lakh crore in 2024-25, according to a statement released by the Ministry of Finance.

India's health insurance premiums cross Rs 1.2 lakh crore in 2024-25: Finance Ministry
New Delhi: India's health insurance sector continues to witness robust growth, growing at a rate of around 9 per cent, with total health insurance premiums volume exceeding Rs 1.2 lakh crore in 2024-25, according to a statement released by the Ministry of Finance.

Insurtech platform Plum bags ₹193 crore in a Series B funding round led by Peak XV Partners
Bengaluru-based insurtech player Plum has raised ₹193 crore in a Series B funding round led by Peak XV Partners, with participation from existing investor Tanglin Venture Partners, which increased its stake, and new investor GMO Venture Partners, a Japan-based global fintech investor.

Sebi begins review of former HDFC Bank chairman Chakraborty's exit letter
India's markets regulator has begun a preliminary review of the resignation letter of former HDFC Bank chairman Atanu Chakraborty for possible violations of rules governing directors of listed companies, two sources familiar with the matter said.

Centre appoints KVR Murty as whole-time member of SEBI

The appointment has been made under the provisions of the Securities and Exchange Board of India Act, 1992, read with the relevant rules governing the terms and conditions of service of the chairman and members of the SEBI.

Bank-sponsored pension funds to be a game changer for NPS, says PFRDA chief
Mumbai: Opening up pension fund sponsorship to banks could mark a turning point for the National Pension System (NPS), according to Pension Fund Regulatory and Development Authority (PFRDA) chairperson Sivasubramanian Ramann, signalling a push to scale up distribution and deepen investor reach.

Mutual fund distributors brace for earnings hit as new regime kicks in from April 1
Mumbai: Mutual fund distributors are staring at a sharp earnings hit from April 1 as a new Total Expense Ratio (TER) regime kicks in, slashing their take-home commissions by factoring in GST pay-outs.

FundsIndia surpasses ₹25,000 crore in AUM
Chennai-based investing platform FundsIndia has surpassed ₹25,000 crore in Assets Under Management (AUM) recording a year-on-year (y-o-y) growth of 58 per cent and a three-year CAGR of 38 per cent.

The “knot” restricting insurance and pension funds from investing in AIFs needs to be untied, says Kotak Alternate Asset Managers Chief
 

Founders of India's first ETF re-enter MF space with Lakshya AMC
 

‘Equity market extremes are creating rare contrarian opportunity’: DSP Mutual Fund
 

‘Valuations in mid and small caps reasonably expensive’: Axis MF equity head
The recent correction in Indian equity market following the global uncertainty due to the war in West Asia led to a drop in valuations across market caps. However, Shreyash Devalkar, head of equity, Axis Mutual Fund believes that while the correction led by sales foreign portfolio investors had corrected valuations for large-caps, it continues to be expensive for mid and small caps in certain pockets. 

FPIs remain in 'sell' mode
Foreign Portfolio Investors (FPIs) have net sold shares worth $11.7 billion (over ₹1.1 lakh crore) in March—the highest ever for a month. But they are not done yet. As of Wednesday, they held high short positions—85.5%—in index futures, up from 75% a month ago, according to Bloomberg data.