This Week in Insurance

This Week in Insurance: Prudential’s New CEOs, Philippine Insurance Reforms, and India’s Health Coverage Awareness Gap

This Week in Insurance: The Asia-Pacific insurance landscape witnessed significant developments during the week of May 19–23, 2025. Two prominent leadership changes at Prudential plc highlight a strategic push to strengthen operations across emerging markets. Naveen Tahilyani has been appointed as the Regional CEO overseeing India, Africa, the Philippines, Cambodia, Laos, and Myanmar, effective July…

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How to Switch Health Insurance

How to Switch Health Insurance: Without Losing Benefits in India (2025 Guide)

How to Switch Health Insurance: Health insurance is not just a financial tool—it’s a lifeline during medical emergencies. However, not all policies serve the same purpose, and over time, you might realize that your current plan lacks crucial features such as room rent flexibility, better coverage for pre-existing diseases, or cashless claim efficiency. Thankfully, the…

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Insurance Illusion

Insurance Illusion: 79% of Indians Unsure What Their Policies Actually Cover – CoverSure Survey Reveals

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…

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Insurance Fraud Exposed

Insurance Fraud Exposed: Four Family Members Arrested in Prayagraj, Uttar Pradesh

Insurance Fraud Exposed: In a shocking revelation from Prayagraj, Uttar Pradesh, a family-run gang was busted for committing large-scale insurance fraud using fake documents and forged photographs of deceased individuals. The fraudulent activity was centered in Karchhana, where the family members allegedly took out insurance policies in the names of people who had already died…

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US Cyber Insurance Market Update 2025

US Cyber Insurance Market Update 2025: Rates Decline, Threats Evolve, and Cybersecurity Controls Strengthen

US Cyber Insurance Market Update 2025: The US cyber insurance market has entered a period of relative pricing stability, marked by a notable 5% average decline in insurance rates during the fourth quarter of 2024. This decrease continues a trend that reflects the increasing maturity of the cyber insurance industry, with rates stabilizing after years…

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SBI Card Major Policy Update: Air Accident Insurance Discontinued & Minimum Due Payment Rules Revised

SBI Card Major Policy Update: Air Accident Insurance Discontinued & Minimum Due Payment Rules Revised

SBI Card Major Policy Update: In a significant shift affecting lakhs of SBI credit cardholders, SBI Card has announced crucial changes to its credit card policies, effective from July 15, 2025. These updates mark the discontinuation of complimentary air accident insurance for several premium and co-branded cards, along with a revamped structure for minimum due…

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