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%….
Motor Insurance in India: India’s motor insurance industry is witnessing a paradigm shift, thanks to recent regulatory reforms spearheaded by the Insurance Regulatory and Development Authority of India (IRDAI). These transformative changes aim to simplify, standardize, and modernize the motor insurance ecosystem to make it more consumer-centric and technologically advanced. With the rise of connected…
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…
Air India Crash Insurance Coverage: In the aftermath of the tragic Air India crash in Ahmedabad, a pressing question has emerged among travelers and the aviation industry alike: what does airline insurance actually cover, and how long does it take for claims to be settled? According to Sourav Biswas, the Business Head of Aviation Insurance…
Insurers Struggle : The Insurance Regulatory and Development Authority of India (IRDAI) has imposed strict obligations on general insurance companies to expand their coverage in the motor third-party (TP) insurance segment. Insurers with a 5 to 10 percent share in the Motor TP market are required to increase their insured vehicles by 7.5 percent compared…
Why Home Insurance Prices Are Rising: Home insurance costs in the United States are rising at a faster pace than ever before. A growing concern among homeowners and home buyers, this surge is driven largely by a single, unavoidable factor—climate risk. As climate-related natural disasters like wildfires, hurricanes, and floods become more frequent and severe,…
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…
Drive Worry-Free This Monsoon Season: As the monsoon season sweeps across the country, it brings much-needed respite from scorching heat and adds a refreshing touch to everyday life. However, while the rains are a welcome sight for many, they also bring an array of challenges for vehicle owners. From flooded streets and waterlogged roads to…
Tier-III Cities Drive 62% of New Insurance Premiums: India’s insurance landscape is undergoing a seismic shift, and at the forefront of this transformation are Tier-III cities. According to the latest report released by Probus, one of India’s leading InsurTech and insurance broking firms, 62% of the total new insurance premiums for the current fiscal year…
