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According to Oriental Insurance, the company has insured around 100 Ganpati pandals this year, compared to around 20-30 in the last year. The Business Standard reported that public sector insurers are playing a leading role in the festival insurance segment, with Oriental Insurance acting as the official insurer for Maharashtra’s

Life insurers recorded a 33.07% year-on-year increase in new business premium (NBP) to Rs 41,197.78 crore in August, according to provisional data from the Life Insurance Council. The growth accelerated sharply from July, when industry NBP had risen 20.7%. August marked the strongest monthly growth for the industry in FY27

IRDAI has proposed a Public Insurance Registry that would connect insurance records across companies without creating one central database. The consultation paper sets out how policy, claims and identity data could be linked, who could access it and what privacy controls would apply. The Insurance Regulatory and Development Authority of

The Supreme Court has directed all states to constitute dedicated Special Investigation Teams to examine suspected fraudulent motor accident claims, after finding that the same insured vehicle was being shown as the offending vehicle in multiple accidents. The court has also brought the insurance regulator, two ministries and the General

The Department of Financial Services has asked India’s public sector general insurers to bring down their incurred claim ratios, report against a common set of performance indicators every quarter and settle customer complaints faster. The instructions came at a review of their 2025-26 performance held on 2 September. What the

A road accident left a 26-year-old with a hospital bill of nearly ₹72 lakh against a ₹10 lakh health policy, reported on 3 September 2026. The figure reopens a hard question: whether a standard ₹5 lakh or ₹10 lakh cover still protects an Indian family. The Bill that Reopened the