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Industry News

India’s Move Toward 100% FDI: A Game-Changer for the Insurance Sector

India’s insurance industry is poised for transformative growth as the government moves to allow 100% Foreign Direct Investment (FDI) in…

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Parametric Insurance: A protection trigger for Migrant Workers and Solar Firms

Across India’s sweltering summers and sun-drenched deserts, an insurance revolution is gaining ground. Parametric insurance — a trigger-based coverage that…

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India’s Non Life Insurance Premiums Grow 5.2% in June 2025

India’s non-life insurance sector reported a 5.2% year-on-year rise in gross written premiums (GWP) to ₹23,422.5 crore in June 2025, as…

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Cyber onslaught on India’s Insurance Sector in FY 25 – A wake up call

India’s insurance industry came under intense cybersecurity pressure in FY 25, experiencing its highest-ever volume of cyberattacks. Leading insurers like Star…

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India’s BFSI sector leads with 35% to 40% share in cyber insurance

In India, almost all cyber insurance customers are renewing their policies as a result of the increased awareness of cyber…

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India’s first private reinsurer, Valueattics Re gets approval of IRDAI

In a path breaking development for Indian insurance industry, Valueattics Reinsurance Ltd. will become India’s first reinsurer exclusively dedicated to…

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PSU General Insurers in India turns profitable in Q3FY25 with a combined profit of Rs 1,066 crore

Public Sector General Insurance Companies (PSGICs) in India earned a combined profit of Rs 1,066 crore in Q3FY25, marking a…

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Indian Insurance Industry – An Opportunity in Growth

Indian insurance market is on rise with the total insurance premiums growing by 7.7% in FY24 and reaching Rs 11.2…

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2025 ushers in double-digit growth for Non-Life Insurance industry of India

2025 ushers in with prospects of high growth in the Non-Life Insurance sector in India despite flat general insurance penetration….

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Insurance in India is poised for a breakthrough with 100% FDI

The Indian government is preparing to implement significant reforms in the insurance sector by permitting 100% foreign direct investment (FDI)…

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