HDFC Life to Max Financial: The Indian life insurance sector is turning heads in 2025 with an impressive rally in stock performance. Leading players such as HDFC Life, LIC India, ICICI Prudential Life, and Max Financial Services have delivered monthly returns ranging from 5% to 13%, contributing to year-to-date (YTD) gains of 20% to 35%….
Kerala High Court Clarifies: In a significant judgment that sets a precedent for insurance-related litigations, the Kerala High Court recently ruled that an insurance company is not obligated to issue a separate notice of cancellation if an insurance policy is canceled immediately after its issuance, especially when the insured party is aware of the cancellation….
Patanjali and DS Group Acquire Magma General Insurance: The general insurance industry in India is witnessing a significant transformation with the latest acquisition of Magma General Insurance by Baba Ramdev-led Patanjali Ayurved and Dharampal Satyapal Group (DS Group). This strategic move marks Patanjali’s entry into the financial services sector, expanding beyond its traditional stronghold in…
Government to Enable Value-Added Services in Insurance: In a significant move aimed at modernizing and broadening the scope of the insurance sector in India, the Ministry of Finance is expected to introduce a key amendment to the Insurance Act during the upcoming Monsoon Session of Parliament in July 2025. The amendment seeks to formally allow…
Global Health Care Policy: In today’s interconnected world, people travel across borders more than ever—be it for work, education, tourism, or medical needs. But while crossing international boundaries is easier, dealing with unexpected health emergencies abroad can be daunting and financially draining. This is where the Global Health Care Policy steps in—a comprehensive health insurance…
Zentiva and Euractiv Unite Policymakers to Transform EU Health Policy: In a pivotal moment for the future of European healthcare, Zentiva, a leading provider in the off-patent pharmaceutical sector, joined forces with Euractiv to host a high-level Health Policy Conference in Brussels on May 22, 2025. The event brought together top EU policymakers, health experts,…
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,…
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…
