Revised IRDAI Audit Guidelines for Insurance Repositories
IRDAI has issued revised audit guidelines for insurance repositories in 2025, focusing on data privacy, claim transparency, and compliance checks. Here’s what it means for policyholders.
Shahrukh Khan
Life Insurance Premiums Jump 22% in July, Total ₹38,958 Crore
Visual comparison of LIC and private life insurers’ premium growth in July 2025, highlighting strong upward trends in India’s life insurance sector.
Consumer Forum Orders Star Health to Pay ₹1.1 Lakh for Denied Covid Claim
Ghaziabad’s consumer forum has ordered Star Health to pay ₹1.1 lakh for a Covid hospitalization claim it had denied, plus ₹5,000 in litigation costs, marking a win for consumer rights in health insurance disputes.
Axis Max Life Eyes 3–5% Higher Growth Than Industry in FY 2026, Targets Top 3 Spot
Axis Max Life Insurance aims to grow 3–5% above industry averages in FY 2026, backed by strong Q1 results, distribution expansion, and a push to enter the top 3 private life insurers.
General Insurance Shows Muted Growth in July; Health Segment Out performs
A visual comparison highlighting the muted growth in India’s motor insurance segment versus the strong double-digit rise in health insurance premiums in July 2025, reflecting the sector’s shifting growth drivers.
New Business Premium Growth Stalls Slightly, Policy Counts Still Lag Behind
A warm-toned visual showing rising premium values through coin stacks alongside stagnant policy volumes, representing the current trend in India’s life insurance sector.
PMFBY Boost: ₹3,200 Crore Crop Insurance Claims Credited to 30 Lakh Farmers
Government credits ₹3,200 crore to 30 lakh farmers under PMFBY with faster claim payouts, boosting rural confidence ahead of Kharif season.
Axis Max Life Unveils ‘Bharosa Talks’ — Measuring India’s Protection Mindset
Axis Max Life Insurance has launched ‘Bharosa Talks’, a flagship initiative designed to explore India’s evolving mindset toward financial protection. Partnered with the latest India Protection Quotient (IPQ) 7.0 study, this platform highlights real stories and data from across demographics…
Farmers to Get Continuity in Crop Insurance if States Default
The PMFBY update ensures farmers continue receiving crop insurance benefits even if state governments default on premium payments. This critical change protects farmers’ financial security and strengthens India’s agricultural insurance framework.
Medical Coverage Soars: Kerala’s MEDISEP Phase II Explained
Kerala’s state cabinet approved Phase II of MEDISEP, raising the insurance coverage from ₹3 lakh to ₹5 lakh annually. The scheme now covers over 2,100 procedures including major surgeries, offering enhanced medical benefits to government employees and pensioners.
