Tamil Nadu’s new gig worker welfare drive offers a ₹20,000 e-scooter subsidy and accident insurance up to ₹5 lakh, aiming to boost mobility, safety, and earnings for delivery partners and ride-hail drivers.
IRDAI is expected to revive talks on standard term insurance pricing, especially for covers under ₹1 crore, to ensure more Indians can afford pure protection plans.
With PolicyBazaar losing rural traction post-tariff crisis, smaller digital-first insurers are targeting ₹25K income households using IRDAI’s micro-insurance rules.
After severe flash floods hit parts of Uttarakhand, public and private insurers have activated early response units to handle the expected rise in flood-related claims.
IRDAI’s latest flexibility rules on commissions have left LIC agents confused. Many are petitioning for clear guidelines to protect earnings and ensure fair payout structures.
Business leader Anand Mahindra raised concerns over rural insurance gaps at an industry roundtable, suggesting bundled plans as the future of inclusive coverage.
PM Modi’s strategic outreach to Beijing may trigger shifts in foreign investment rules — especially in insurance and fintech sectors. Analysts call it a “soft signal” to global investors.
The Trump administration’s 50% tariff on Indian exports could squeeze exporters with higher insurance costs — from marine cargo to trade credit. Indian insurers are watching for a spike in claim volatility.
Modern office lobby image representing UIB International’s exit from India and stake sale to Edme Services, an affiliate of Samara Capital.
A recent ruling by the Ghaziabad District Consumer Disputes Redressal Commission held that an insurer must compensate 75% of the insured declared value (IDV), plus ₹5,000 for distress, after a Tata 407 truck was stolen just four days before the policy…
