Bharat Maritime Insurance Pool: Underwriting capacity to be created will be inadequate: Industry experts
Hyderabad: The underwriting capacity of The ₹950 crore to be created under Bharat Maritime Insurance Pool (BMI Pool) by the Centre is `inadequate’ but good for making a beginning, according to industry experts. 

Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs
Domestic maritime insurance pool to lower costs, build expertise in complex marine risks

Parliamentary committees on insurance must expand scope, sharpen focus
 

Govt may hike FDI limit in pension sector; Bill likely in Monsoon Session

Irdai seeks detailed data on distributor commission of life insurers
Source Credit: Aathira Varier, Business Standard

Mumbai: Life insurance companies have submitted granular details on distributor commissions to the Insurance Regulatory & Development Authority of India (Irdai), which had sought the details, industry executives said.

IRDAI notifies obligatory cession for FY27
 

Irdai may revisit EoM guidelines
The Insurance Regulatory and Development Authority of India (Irdai) has collected granular data on operating expenses and distribution costs from life and general insurers and intermediaries, in what could be a precursor to a broader overhaul of expenses of management (EoM) guidelines and commission structure, industry sources said.
 

ICICI Lombard misses Q4 FY26 estimates on weak investment income
 

India’s non-life insurance sector grows 9.2% in FY26, health insurers lead
The Gross Direct Premium (GDP) underwritten by non-life insurers increased 9.20 per cent in the financial year ended March 2026 at ₹3.35 lakh crore compared to ₹3.07 lakh crore in the previous financial year.

Insurers need to make payouts quick and frictionless, says DFS Secretary
 

SC agrees to hear plea to implement disability-sensitive guidelines for welfare insurance schemes
The Supreme Court has sought responses from the Centre and the Life Insurance Corporation of India on a plea seeking a direction to the LIC to frame and implement disability-sensitive guidelines for welfare insurance schemes.

POSPs emerging as vital link in expanding insurance access
 

GST-led ITC loss, market swings to test insurers' profitability in Q4 FY26
 

West Asia conflict hits travel insurance: Rising premiums, war-related exclusions, and pre-existing disease risks for senior travellers

No policy details without ID: Delhi High Court backs LIC in RTI case
New Delhi: The Delhi High Court has observed that insurance details cannot be disclosed merely on the basis of a general request without providing basic identifying information, noting that it would be practically impossible for Life Insurance Corporation (LIC) to trace policies in such cases. The Court clarified in simple terms that while an insured person has the right to seek details of their policies, they must furnish minimum personal particulars to enable the retrieval of records.

West Asia conflict drives surge in NRI term insurance purchases from India, 35% m-o-m surge: Report
New Delhi: Purchases of term insurance by Non-Resident Indians (NRIs) from India have doubled over the past two years, driven largely by younger buyers, according to a report by Policybazaar.

Policybazaar and Tata AIA Reimagine Retirement with Stability and Market-Linked Returns
Gurugram: Bringing a unique blend of stability and market-linked growth to retirement planning, Tata AIA today launched Shubh Flexi Pension plan in association with Policybazaar. The plan is a variable annuity solution that seeks to reframe how Indians approach retirement planning by combining predictability with participation in market growth.

$100 mn marine insurance pool on cards for vessels sailing via war zones
 

Policybazaar, Tata AIA collaborate to transform retirement planning with balanced growth

The launch comes at a time when the traditional retirement approach is constantly evolving. Longer life expectancy is stretching retirement into multiple decades, while inflation continues to erode purchasing power. Against this backdrop, the Shubh Flexi Pension Plan introduces a dual-structure annuity. One part delivers a guaranteed income for life, which protects customers from longevity and reinvestment risks. The other is linked to the NIFTY 50, which allows a portion of the payout to grow in line with India’s equity markets. Customers can decide the balance between these two streams at the outset.

Irdai revises cyber security norms, mandates stronger governance
Mumbai: The Insurance Regulatory and Development Authority of India (Irdai) on Wednesday issued revised information and cyber security guidelines for regulated entities to strengthen the cybersecurity framework for insurers and intermediaries, mandating tighter governance, enhanced board accountability and more frequent risk reviews.

Dark patterns that you need to watch out for while buying insurance

War Impact: Centre lines up Rs 2.5 lakh crore credit cover, $1.5 billion reinsurance support
Stepping up fiscal support to West Asia war-hit businesses, the Centre will soon unveil two schemes, a Rs 2.5 lakh crore credit guarantee scheme similar to the Covid period’s ECLGS and another $1.5 billion guarantee fund to support reinsurance cover to Indian ships operating through war zones.

US-based insurance broker Lockton to expand reinsurance biz in India this fiscal
Kolkata: US-based Insurance broker Lockton is in the process of expanding into the reinsurance space in India, with a formal market entry expected in this financial year.

IRDAI forms panel to review health insurance
Hyderabad: As part of ongoing initiatives to improve policyholder experience and penetration of health insurance, the Insurance Regulatory and Development Authority of India (IRDAI) has constituted a sub-committee of the Insurance Advisory Committee to review the current landscape of private health insurance in India.

43% of insurance premiums paid in rural India as demand widens: Report
 

Buying insurance online? New rules aim to stop hidden charges and tricks
 

System readiness gaps: Insurers likely to seek forbearance for 1 year
 

M Pallonji Group gets IRDAI’s R1 nod for general insurance venture

Non-life insurers seen holding up better than life peers

As RBI gears up to issue guidelines to curb mis-selling, review of commissions mooted
The Reserve Bank of India (RBI) is likely to announce its final guidelines on ‘Responsible Business Conduct’, it’s term for mis-selling by banks, soon to protect the interest of citizens.