SEBI cleared the National Stock Exchange’s roughly ₹30,000 crore IPO on 4 September 2026, ending a decade-long wait. Buried in the offer-for-sale structure is a smaller story: five public sector insurers stand to collectively gain around ₹7,200 crore by selling part of their NSE holdings, while LIC, the exchange’s biggest
The Department of Financial Services has launched India’s first sovereign-backed Protection & Indemnity insurance product, designed by New India Assurance, under the Bharat Maritime Insurance Pool. The product covers shipping companies against third-party liabilities up to USD 1.5 billion, with a sovereign guarantee of ₹12,980 crores and follows the pool’s
The Chandigarh State Transport Authority (STA) suspended the licences of Uber India Systems and Rapido for six months from September 8, citing alleged non-compliance with the Union Territory’s Motor Vehicles Aggregators Rules, 2025. The violations cited included insurance, fare and other regulatory requirements. The suspension has resuscitated the often-neglected question
Eleven insurance companies have begun implementing Indian Accounting Standards (Ind AS) in the financial year 2026-27, as India moves to a new accounting framework for the insurance sector and seeks to align domestic practices with global standards such as IFRS (International Financial Reporting Standard) 17. The phased transition, being overseen
LIC’s new-business premium rose 45.26% in August 2026, more than twice the 19.99% growth recorded by private life insurers. The sales gap was driven partly by LIC’s group single-premium business, while claims, product mix, persistency, complaints and servicing provide the sharper buyer comparison. India’s life insurers collected ₹41,197.78 crore in
A low motor or health insurance quote can save money upfront, but recent underwriting losses and aggressive discounting have put insurer pricing discipline under scrutiny. For buyers comparing policies, solvency, claims experience and complaint data provide a more useful check on an insurer than premium alone. India’s non-life insurers reported
India’s general insurers lost ₹45,279 crore on their core business in 2025-26, up from ₹31,043 crore a year earlier, according to General Insurance Council figures. Premium income rose 9% to ₹3.36 lakh crore over the same period, and among general and standalone health insurers, only Universal Sompo kept its combined
A recent Hyderabad consumer commission ruling has put the spotlight on what can happen when insurance is sold through a bank without adequate explanation of the product. The commission ordered an insurer to refund ₹10 lakh to a 73-year-old retired professor and directed the bank and insurer to jointly pay
Short-term disability insurance can be a crucial source of income when certain health issues make it impossible for you to work. This can include an illness, an injury, or any medical condition. Although it can be highly beneficial, most people really have no idea what short term disability insurance cost
“What if my job cancels my health insurance while still employed?” This is a situation that can feel confusing and stressful for you. You may still be working, paying premiums and using this cover for all your other important needs. Yet, your employer may stop or change the policy. It
