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TREND | 12 Sep 2025

No Input Tax Credit On Exempt Insurance Premiums: CBIC To Insurers

NDTV Profit

Top insurance brass met CBIC on Friday; ITC may be allowed on policies taxed before Sept 22; detailed notification torolloutsoon.

AHPI now raises cashless insurance concerns with Star Health Insurance

Business Line | 12 Sep 2025 1 more

Insurance

TREND | 12 Sep 2025

Andhra govt rescues over 150 Telugu people stranded in violence-hit Nepal

Business Standard

More than 150 Telugu people stranded in Nepal were rescued and brought back to Andhra Pradesh, with many thanking the state government for its efforts, the ruling TDP party said on Friday. Several evacuees narrated their ordeal on arrival in video clips shared with journalists, claiming that the hotel in Pokhara where they were staying was allegedly set on fire. Our hotel in Pokhara was allegedly burnt, but Andhra Pradesh officials guided us to safety and brought us back home, K Murthy, one of the passengers, said in the video byte. Another evacuee, P Srinivas, said his group of 10 was stranded in Pokhara when unrest broke out. The government of Andhra Pradesh helped us reach Vizag safely, he said. Prabhakar Reddy, who returned with his wife and 81 others, recalled, I saw people pelting stones and burning buildings in Kathmandu. It was worse than a nightmare. Many of the evacuees were Life Insurance Corporation of India (LIC) employees who had travelled on a planned tour. After th

Insurance

TREND | 11 Sep 2025

Star Health Unveils 'Know Your Policy': Simplified Guide To Health Insurance Coverage

NDTV Profit

The new feature offers a clear summary of what the policy covers, what it excludes and the waiting periods, as well as other key details.

Insurance

TREND | 11 Sep 2025

Stranded Abroad Amid War, Protests? Know What Your Travel Insurance Covers During Civil Unrest

NDTV Profit

Most standard travel insurance policies don't cover situations arising from civil unrest, political instability, or rebellion.

Non-life insurance premiums up 1.6% in August on crop insurance drag

Business Standard | 10 Sep 2025 2 more

Insurance

TREND | 09 Sep 2025

Life insurance sector posts 6% rise in new business premiums in August

Business Standard

Indian life insurers registered a 6.01 per cent growth in new business premiums (NBPs) in August 2025, driven by higher sales of both single and non-single premium policies, a release said on Tuesday. NBPs increased to Rs 1,63,461.52 crore in August this year, compared to Rs 1,54,193.76 crore in the corresponding period last year, according to data released by the Life Insurance Council. Individual single premiums grew 9.71 per cent, while individual non-single premiums rose 4.51 per cent during the period. Combined individual premium collections posted a 6.20-per cent growth on a YTD basis, it showed. The council said the growth was supported by insurers' focus on expanding coverage among first-time buyers and strengthening distribution. Life insurers added more than 4.37 lakh individual agents, though cumulative agent count registered a modest 2.75 per cent growth, due to attrition, the release said. Agent addition along with the rapid pace of digitisation is expected to further

Jio Financial, Germany's Allianz form JV to set up reinsurance business

Business Standard | 09 Sep 2025

Insurance

TREND | 09 Sep 2025

Axis Max Life, SBI Lead India's Life Insurance Premium Growth In Aug; LIC Top Drag

NDTV Profit

Axis Max Life Insurance Co.'s premiums grew to Rs 1143 crore, an increase of 19.6% year-on-year.

Insurance

TREND | 08 Sep 2025

Tata AIA unveils whole life savings plan with retirement income focus

Business Line

The non-linked insurance product offers flexible coverage that reduces during retirement as financial dependencies decline, while providing lifetime income through equity participation investments

Insurance

TREND | 08 Sep 2025

Angel One Gets 'Buy' From JM Financial As Brokerage Bullish On Expansion To Wealth Management, Insurance

NDTV Profit

One of the key highlights for Angel One is the transition from an offline broker to a digital market leader over the last decade, the brokerage noted.

Insurance

TREND | 07 Sep 2025

Bima Sugam can deepen insurance penetration, but must be fair, transparent

Business Standard

Bima Sugam aims to transform insurance with a digital one-stop platform for buying, managing, and claiming policies, targeting "Insurance for All by 2047

Insurance

TREND | 05 Sep 2025

New IRDAI Chief Ajay Seth to steer insurance industry to next round of growth

Business Line

A slew of ongoing and upcoming tasks await Seth