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Swiss Re, Bajaj General Join Hands on Commercial Insurance

Swiss Re, Bajaj General Join Hands on Commercial Insurance

The exclusive partnership will target complex commercial risks in high-tech and manufacturing while supporting Indian companies with international insurance programmes. Swiss Re Corporate Solutions has established an exclusive partnership with Bajaj General Insurance to expand commercial insurance solutions for Indian businesses. The arrangement will focus on complex risks across high-tech,

IRDAI Insurance Reforms May Reshape Distribution

IRDAI Insurance Reforms May Reshape Distribution

Proposed insurance distribution reforms could encourage life insurers to expand agency networks, while tighter commission caps may reshape health and general insurance distribution. India’s proposed insurance distribution reforms could accelerate the expansion of life insurance agency networks while putting greater pressure on health and general insurance distributors, according to Nomura

IRDAI Appoints Pant, Subramanian

IRDAI Appoints Pant and Subramanian as New Members

Dinesh Pant joins IRDAI as Member (Actuary), while Girija Subramanian takes charge as Whole-Time Member (Distribution), strengthening the regulator’s leadership across key insurance functions. The Insurance Regulatory and Development Authority of India (IRDAI) has appointed Dinesh Pant as Member (Actuary) and Girija Subramanian as Whole-Time Member (Distribution), bringing senior public-sector

India’s Bharat Maritime Insurance Pool

Bharat Maritime Insurance Pool Strengthens Sea Cover

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 Unveils New Momentum Value Fund

Tata AIA Launches Momentum Value 50 Fund

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

Credit-Life Insurers Commissions

Credit-Life Insurers May Gain From Lower Commissions

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 Fall on IRDAI Distribution Proposals

Insurance Stocks Fall on IRDAI Distribution Proposals

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)

IRDAI Proposes Major Insurance Distribution Reforms

IRDAI Proposes Major Insurance Distribution Reforms

IRDAI has proposed wide-ranging changes to India’s insurance distribution framework, covering commissions, operating costs, mis-selling, forced bundling and digital access for policyholders. The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a broad overhaul of insurance distribution rules to reduce costs, improve transparency and strengthen policyholder protection. The

Aditya Birla Health Sees Gains From Monitoring

Aditya Birla Health Study Finds Gains from Regular Health Monitoring

A two-year Aditya Birla Health Insurance study of 2.1 million adult policyholders found that regular biometric monitoring linked with measurable improvements in health indicators and lower risk levels. Regular health monitoring can support better health outcomes, according to a new study by Aditya Birla Health Insurance that analysed anonymised data

Oriental Insurance Targets Health, MSME Products

Oriental Insurance Targets Health, MSME Products

Oriental Insurance plans to expand its health insurance business, develop cost-effective MSME products and grow its surety bond portfolio as it seeks stronger business growth and financial performance. Oriental Insurance Company is turning to health insurance, MSME-focused products and surety bonds to drive its next phase of growth, Chairman and

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