Hanwha Life Insurance Outlook Revised to Stable: In a significant development for the insurance sector, Moody’s Ratings has revised the outlook of Hanwha Life Insurance to stable, citing stronger profitability and robust capitalisation. This revision marks a vote of confidence in Hanwha Life’s ability to maintain its financial health in a changing economic environment. According…
Insurance Penetration Rises, but Indians Still Financially Exposed: India’s insurance landscape has undoubtedly evolved, with awareness and policy uptake on the rise. Yet, a new report—Suraksha Kavach Report 2025 by BajajCapital Insurance Broking Ltd.—uncovers a sobering contradiction. Despite increasing insurance penetration, a large majority of Indians remain financially vulnerable during real-world emergencies. While digital tools,…
Health Insurance in India Must Be Inclusive: India’s health insurance landscape has seen rapid evolution, yet several disparities remain unresolved. Health insurance accounted for a massive ₹1.18 lakh crore premium in FY 2024-25, forming about 36% of India’s general insurance premium. But a closer look at the data shows troubling asymmetries—both in terms of premium…
How Indians Are Paying Insurance Premiums in 2025: In a rapidly digitizing economy, Indian policyholders are embracing modern payment methods to fulfill their insurance premium commitments. According to a new report by Policybazaar, UPI (Unified Payments Interface) has emerged as the most preferred method for paying insurance premiums in India. The report reveals that in…
Govt to Bring Open Architecture for Individual Insurance Agents: In a significant move towards liberalizing and modernizing India’s insurance sector, the Indian Government is all set to introduce an open architecture model for individual insurance agents. The proposal comes as part of the upcoming Insurance Act Amendment Bill, aiming to unlock new opportunities and bring…
At Multi-Year Highs: On May 23, 2025, four prominent stocks from the Nifty500 pack achieved a significant technical milestone — they closed at their 5-year swing highs, according to StockEdge.com’s technical scan data. This event marks a noteworthy turning point for these stocks and may signal a bullish trend. A 5-year swing high is not…
Tamil Nadu Government Extends New Health Insurance: In a significant move to ensure continued healthcare protection for its workforce, the Tamil Nadu government has extended the New Health Insurance Scheme (NHIS), 2021 by another year. Initially set to expire on June 30, 2025, the scheme will now remain in force till June 30, 2026, offering…
Insurance Illusion: A recent survey conducted by InsurTech platform CoverSure has brought to light a startling revelation: 79% of Indian policyholders are unsure whether their current insurance policies offer adequate coverage. Released ahead of National Insurance Awareness Day on June 25, the survey draws attention to a growing crisis of insurance illiteracy and under-insurance in…
Marrying Tech and Traditional Insurance: Over two centuries ago, the Oriental Life Insurance Company marked the inception of life insurance in India. Established in Kolkata, it initially served the European community, but its legacy laid the groundwork for a deeply personal and relationship-driven approach to financial security. In those formative years, insurance was not just…
