September 29, 2026

India’s Bharat Maritime Insurance Pool is expanding domestic marine insurance capacity for Indian-linked vessels, aiming to support uninterrupted trade during geopolitical and market disruptions. India has strengthened its marine insurance framework with the Bharat Maritime Insurance Pool (BMIP), a domestic facility designed to provide continued insurance coverage for vessels and

Tata AIA Life Insurance has introduced a new ULIP investment option that combines momentum and value strategies to offer diversified equity exposure alongside life insurance protection. Tata AIA Life Insurance has launched the Tata AIA Momentum Value 50 Index Fund, a new unit-linked investment option that combines momentum and value

Proposed IRDAI commission caps could reduce distribution costs for life insurers with high credit-life exposure, although restrictions on loan-linked insurance may affect policy volumes. Life insurers with significant credit-life insurance exposure could see lower distribution costs if the Insurance Regulatory and Development Authority of India (IRDAI) implements its proposed commission

Insurance stocks came under pressure on September 24 after IRDAI proposed changes to commissions, management expenses, digital sales practices and insurance distribution, raising concerns over the sector’s cost and revenue structure. Shares of several insurance stocks fell sharply on Thursday after the Insurance Regulatory and Development Authority of India (IRDAI)