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Business News/Insurance/ News

Insurance News

The government will introduce the bill in the Winter Session of the Parliament

Centre to table bill to raise FDI into insurance sector to 100% — Details

2 min read . 22 Nov 2025

The top court dismissed appeals filed by both the vehicle owner and the insurer, The New India Insurance Company Limited.

SC’s big ruling: Insurers cannot deny payout over vehicle’s route deviation

2 min read . 30 Oct 2025

The Bima Sugam India Federation (BSIF) has been touted as the 'first visible step' to building India's Digital Public Infrastructure for insurance and achieving 'Insurance for All by 2047'.

Bima Sugam India Federation website a major milestone for sector: IRDAI Chairman

1 min read . 18 Sept 2025

Cancer patient's ₹61 lakh cashless claim denied despite policy worth ₹2.40 crore? A post on LinkedIn claims policyholder 'abandoned when matters most'. (Pexels Photo / Representative Image)

Niva Bupa denies post alleging it rejected cashless claim for ₹2.40cr policy

3 min read . 06 Sept 2025

The central government's GST Council reduced the GST on insurance premiums from 18% to 0%.

GST 2.0: Health insurance firms may raise policy tariffs — here's why

3 min read . 06 Sept 2025

The Centre has removed GST on individual health insurance policies, including family floater policies, policies for senior citizens and reinsurance. The rule will take effect on September 22, Here's what that means for you. (Pexels Photo / Representative Image)

GST rate cut on insurance: Should you wait till September 22 to buy new policy?

4 min read . 05 Sept 2025

Does your car insurance cover damage cost caused by floods? Details here

4 min read . 31 Aug 2025

Amendments to clarify IBC, 2016, and changes to the Companies Act, 2023, are unlikely to make it to the coming session. (REUTERS)

Reform push: Insurance amendment bill heads to Parliament

5 min read . 11 Jun 2025

As on March 31, 2025, ICICI Prudential Life Insurance had an AUM of ₹3.09 lakh crore.

SBM Bank India ties up with ICICI Prudential for life insurance products

1 min read . 19 May 2025

Nearly 83% of respondents claim they understand health insurance as a financial product and recognise its importance.

In charts | The health insurance puzzle: 83% Indians aware but only 19% covered

1 min read . 18 Apr 2025

For insurers, investing in these 50-year on-tap bonds would provide them with a stronger financial cushion needed to operate a business that handles long-term contracts.

Ultra-long bonds: Centre mulls strategy to deepen insurance market

4 min read . 27 Feb 2025

Citing Swiss Re Institute’s projections, the survey said India’s insurance sector is expected to grow 11.1% and become the fastest-growing market among G20 nations over the next five years. (MINT_PRINT)

Economy Survey 2025: Insurance coverage lower than global average, notable gaps

7 min read . 31 Jan 2025

Federal think tank NITI Aayog recommended United India Insurance for privatization to a secretaries' panel in FY22, but that has not taken off. (istockphoto)

Privatization on the table: Govt may pick one PSU general insurer for sale

3 min read . 24 Jan 2025

Irdai member Deepak Sood said the regulator is considering a proposal to increase FDI in the insurance sector to 100% from 74%. Sood at the 17th edition of the Mint BFSI Summit and Awards on Friday. (Mint)

Mint BFSI Summit | 100% foreign direct investment in insurance in the works

5 min read . 17 Jan 2025

World Hear Day 2024: Know about leading causes of medical claims rejection in case of heart disease treatment.

What are the reasons for rejection of medical claims linked to heart disease?

3 min read . 29 Sept 2024

There has been an 80% rise in number of women term insurance buyers over past two years, says PolicyBazaar data.

Women term insurance sees 80% surge in 2 years; smaller cities lead growth

2 min read . 11 Sept 2024

Health insurance premiums may go up further by 10%.

Heat, floods and diseases: Will your health insurance premiums rise?

6 min read . 26 Aug 2024

'Sampoorna Raksha Promise' by Tata AIA Life Insurance This comprehensive product aims to provide enhanced financial security and flexibility to meet diverse customer needs.

This term insurance offers ₹3 lakh instant payout, terminal illness benefits

1 min read . 23 Aug 2024

The Bombay High Court said that Goenka was free to pursue the matter before Sebi in accordance with the law. (File Photo: HT)

HC dismisses Amit Goenka's plea against Sebi order in Shirpur Gold Refinery case

2 min read . 15 Aug 2024

Economic Survey 2024: Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the first day of the Parliament's Budget Session. (PTI via Sansad TV screenshot)

FM praises LIC while sharing these IRDAI findings in Economic Survey 2024

2 min read . 22 Jul 2024