India’s insurance market is set for a sharp acceleration over the next five years, with real premium growth projected at 6.9% annually between 2026 and 2030, according to Swiss Re Institute. This growth rate would place India ahead of other major insurance markets, including China, the US and Western Europe.
The traffic stop is no longer where an uninsured vehicle gets caught. On 4 August 2026, the Supreme Court ordered ANPR cameras linked with insurance and registration databases to issue automatic e-challans nationwide. How the Camera Network Catches an Uninsured Vehicle The court’s order wires three systems together. ANPR cameras
The government’s LIC stake sale sent the stock falling 8%, but policy benefits, declared bonuses and the sovereign guarantee remain unaffected. Life Insurance Corporation of India shares came under sharp pressure during the government’s August stake sale, falling about 8% in intraday trade on August 4. The decline came as
In a landmark ruling on August 4, 2026, the Supreme Court directed IRDAI (Insurance Regulatory & Development Authority of India), the statutory body that oversees the insurance sector in India, to extend the term of mandatory third-party insurance coverage for two-wheelers to 6 years. The judgement overrules the earlier precedent
Buying a new car could get slightly more expensive upfront after the Supreme Court extended the mandatory third-party (TP) insurance period for new private cars from three years to four years. The change adds one more year of TP premium to the amount buyers have to pay when purchasing a
The Supreme Court has ordered stronger digital checks on uninsured vehicles. Here is how to check your policy status, the penalty for driving uninsured, and what happens if your cover has lapsed. India’s Supreme Court has ordered a tighter system for detecting vehicles that do not have mandatory third-party insurance,
