According to data by the Insurance Regulatory and Development Authority of India (IRDAI), the new business premium (NBP) in life insurance's micro-insurance segment reached Rs 10,860.39 crore in FY24, ...

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Insurance companies disallowed and repudiated health policy claims worth Rs 26,000 crore during the year ended March 2024, ...

Private life insurers dominate the segment, accounting for over Rs 10,708.4 crore, while the state-owned Life Insurance ...

The Telecom Regulatory Authority of India (Trai) has implemented a framework to ensure traceability of commercial SMS, in an ...

Total premiums across all insurance categories reached Rs 11.19 trillion in 2023-24 while insurers paid out Rs 7.66 trillion ...

Insurance penetration in India, which is already low, saw a dip for the second successive year, shows the latest report by ...

India's insurance penetration fell to 3.7% in FY24 after peaking at 4.2% during Covid, with life insurance penetration ...

If you are planning to buy a new insurance policy or port your existing health insurance policy to a new insurer, do remember to check the latest claim settlement ratio of all insurers before ...

In FY24, commission expenses for life insurers increased by 22% and doubled for general insurers after IRDAI removed caps on ...

India's insurance penetration drops to 3.7% in 2023-24, despite IRDAI's efforts, with life insurance demand declining.