Insurance Gyan

📰 *Top 10 Insurance & IRDAI News Today*

1. India: Insurers welcome Federal Budget for 2026-27
India's insurance industry welcomes the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman, highlighting growth in insurable assets, infrastructure investments, climate resilience, and motor insurance reforms.[1]
📅 2026-02-02

2. Why Union Budget 2026 could be crucial for expanding insurance coverage in India
Experts from New India Assurance discuss expectations from Budget 2026, including tax incentives for health insurance, parametric solutions for climate risks, MSME protection, and digital distribution to boost pe*******on.[2]
📅 2026-02-02

3. Budget 2026 highlights: What the insurance sector expects from Finance Minister Nirmala Sitharaman
Insurance leaders call for increased Section 80D deduction limits to Rs 1-1.25 lakh due to rising medical inflation, and measures to improve affordability, prevention focus, and general insurance pe*******on in Budget 2026.[3]
📅 2026-02-02

4. India's GIFT City Attracts Lloyd's and Other Global Reinsurers
Global reinsurers like Lloyd's, Samsung Re, Kenya Re, and Mapfre Re seek approval to operate in GIFT City, with numbers expected to rise to 20 by March 2026, leveraging tax benefits to access India's insurance market.[4]
📅 2026-02-02

5. Leading Indian life insurer to implement Aon's modelling platform PathWise
ICICI Prudential Life Insurance partners with Aon to implement PathWise platform for actuarial modelling, enhancing efficiency, regulatory compliance, and strategic growth in India's life insurance market.[5]
📅 2026-02-03

📰 *Top 10 Insurance & IRDAI News Today*

1. Insurers’ premium growth crosses 20% in November on GST relief
India’s insurance sector recorded over 20% year-on-year premium growth in November FY26, with life insurers at 23% (₹31,119.6 crore) and non-life at 24.17% (₹26,897.4 crore), aided by GST reduction to zero.
📅 2026-01

2. New insurance law to catalyse sector growth: LIC chief
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 will make insurance more accessible, affordable, foster competition, and strengthen policyholder protection, says LIC MD R Doraiswamy.
📅 2026-01

3. LIC seeks tax relief, higher premium threshold for big-ticket policies
LIC urges government for tax changes in Union Budget, treating insurance as ‘zero-rated’ under GST to support sales and margins post GST exemption on life and health premiums.
📅 2026-01

4. India's Insurance Shake-up: 2026 to See Prevention and AI Redefine Coverage
Indian insurance sector to shift to proactive prevention, AI, and personalized coverage by 2026 across health, life, motor, and travel, focusing on customer engagement and risk management.
📅 2026-01

5. Year End 2025: How 2026 could be for India's insurance sector
General insurance projected 8-13% growth in 2026; health drives premiums amid 12% medical inflation; fraud losses ₹50,000 crore; GST removal aids affordability towards Insurance for All by 2047.
📅 2025-12

6. IRDAI flags gap between health insurance premium growth and protection outcomes in FY25
Health insurance premiums grew 9% to ₹1.17 lakh crore in FY25, covering 58 crore lives, but IRDAI notes lags in coverage quality and protection, especially individual policies.
📅 2026-01

7. Lok Sabha Passes Amendment Bill To Hike FDI In Insurance Sector
Lok Sabha passed Insurance Amendment Bill 2025 allowing 100% FDI in insurance (up from 74%), aiming for greater access, more players, and robust regulation.
📅 2025-12

8. When insurance reforms met reality: Hospitals, insurers and patients
2025 watershed year with Sabka Bima Sabki Raksha Bill boosting FDI to 100% and empowering IRDAI in Indian insurance reforms.
📅 2025-12

9. Insurance industry's premium growth tops 20% for the first time in FY26
Insurance premium growth exceeded 20% first time in FY26; general insurers up 6.5% Y-o-Y to ₹1.86 trillion, standalone health up 12.20% to ₹27,026.86 crore.
📅 2026-01

10. ICICI Prudential Life Insurance Company Ltd spurts 0.67%, gains for fifth straight session
ICICI Prudential Life Insurance shares rose 0.67%, continuing gains amid January 2026 insurance sector updates.
📅 2026-01

📰 *Top 10 Insurance & IRDAI News Today*

1. India Insurance Sector Demands Budget 2026 Reforms Beyond FDI
Industry leaders call for tax incentives on pure protection products, streamlined composite licensing, and GST relief to boost affordability, trust, and access, aiming to close the protection gap and achieve 'Insurance for All by 2047'.
📅 2026-01-10

2. Ahead Of Union Budget 2026, Emkay Identifies 4 Red Flags In India's Insurance Sector
Brokerage firm Emkay highlights concerns over high commission and operating costs, advocating for limits on new health insurance commissions and lower renewal commissions to keep premiums affordable.
📅 2026-01-09

3. Top Indian Insurance Industry News & Updates - 08 Jan 2026
General insurers recorded their second-highest monthly growth in gross direct premium collections in December, driven by a 39% rise in premiums from standalone health insurers.
📅 2026-01-08

4. India Insurers Demand Tax Parity, Micro-Insurance Push for Budget 2026
Key demands include tax parity for retirement products, stronger support for micro-insurance, and regulatory clarity on composite licensing to widen coverage and address the protection gap.
📅 2026-01-08

5. GST exemption on health insurance premium restricted to individual policies
Kerala High Court rules that GST exemption applies only to individual health insurance policies, not group policies, upholding the levy of 18% GST on group health insurance premiums.
📅 2026-01-10

6. Completion of divestment of first major tranche in Bajaj Joint Ventures
Allianz completes the sale of 23% shares in Bajaj General Insurance, signaling continued strategic moves in India's insurance sector.
📅 2026-01-08

7. When insurance reforms met reality: Hospitals, insurers and patients
2025 marked a watershed year for Indian insurance with the Sabka Bima Sabki Raksha Bill boosting FDI to 100% and empowering IRDAI.
📅 2026-01-08

8. India's Insurance Pe*******on Stagnates at 3.7% for FY25
India's insurance pe*******on remains unchanged at 3.7% in 2024-25, highlighting ongoing challenges in expanding coverage.
📅 2026-01-08

9. India: 2026 Union Budget may unveil special insurance scheme for rural women
The upcoming Union Budget may introduce a special insurance product for rural women, potentially linked to Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts.
📅 2026-01-08

10. Insurance Sector Foreign Direct Investment Cap Raised to 100%
India has increased the insurance sector foreign direct investment (FDI) cap from 74% to 100%, marking a significant liberalisation of one of the country's key sectors.
📅 2026-01-08

📰 *Top 10 Insurance & IRDAI News Today*

1. 2026 Insurance Outlook: Insurance reforms, capital rules to take centre stage
The Indian insurance sector is headed for regulatory reset in 2026 with reforms on capital adequacy, market structure, and governance, including risk-based capital from April 2026 and composite licensing.
📅 2026-01-05

2. Finance ministry notifies rules to enable 100% FDI in insurance sector
Finance ministry notifies rules allowing 100% FDI in insurance, marking a structural shift to attract long-term capital and expand coverage.
📅 2026-01-02

3. LIC Launches New Insurance Plan 'Jeevan Utsav' Effective January 12, 2026
LIC announces launch of single premium whole life insurance product 'Jeevan Utsav' starting January 12, 2026.
📅 2026-01-05

4. RBI warns insurance sector: Risks from rising costs, claims stress
RBI highlights rising claims in non-life insurance, high policy surrenders in life insurance, and falling pe*******on to 3.7% of GDP despite premium growth.
📅 2026-01-05

5. India Insurers Settle Record Claims, Average Payouts Shrink
Health insurers processed record 32.6 million claims in FY25 with 87% settlement ratio and total payouts of ₹94,248 crore, aided by IRDAI's push for efficiency.
📅 2026-01-05

6. Life insurance pe*******on slips for third year; overall insurance pe*******on flat at 3.7% in FY25
India’s life insurance pe*******on declined for third year while overall insurance pe*******on stayed at 3.7% in FY25, per IRDAI annual report.
📅 2026-01-02

7. Why India’s Decision to Allow 100% FDI in Insurance Marks a Structural Shift
Passage of Sabka Bima Sabki Raksha Bill 2025 allows 100% FDI to ease capital constraints and boost insurance coverage.
📅 2026-01-05

8. Indian life insurance industry is entering a new era - Outlook 2026
India's life insurers poised for growth with young population, amid reforms like DPDP framework and InsurTech innovations.
📅 2026-01-05

9. Axis Max Life launches ‘High Growth Fund II’ for long-term wealth creation
Axis Max Life launches new fund offer targeting midcap opportunities for wealth creation.
📅 2026-01-02

10. SPREE 2025 scheme deadline extended till Jan 31 for ESI coverage
ESIC extends deadline for Scheme for Promotion of Registration of Employers and Employees to January 31, 2026, to expand social security coverage.
📅 2026-01-02