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Industry News

India’s non-life insurance industry registers 14.9% growth in January 2026

In January 2026, premiums for non-life insurance in India increased by 14.9% year over year, totalling $3.67 billion (INR 33,346.3…

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India to become sixth largest insurance market in the world

According to Government estimates, India is expected to overtake established markets such as Germany, Canada, Italy and South Korea over…

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Policy and Technology shifts place Indian Insurance Industry at Inflection Point of Growth

In 2025, India’s insurance industry underwent transformative change, driven by major policy reforms, rapid digital adoption and evolving consumer demand,…

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India Permits 100% FDI in Insurance Sector

In a landmark move aimed at attracting global capital and boosting insurance penetration across India, Indian Parliament passed the Sabka…

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India to table Bill to hike FDI in Insurance sector

The Indian government is set to table a bill in the Winter session of Parliament, aiming to raise the foreign…

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India Pilots First Parametric Insurance to Protect Coastal Communities from Cyclones

In a landmark step toward strengthening India’s climate resilience, a new initiative is piloting the country’s first parametric insurance scheme…

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India’s Non-Life Insurance Sector Reports Premium Growth of Single Digit in First Five Months of FY26

India’s non-life insurance sector posted modest growth in the first five months of FY26, with total premiums reaching ₹1.34 trillion,…

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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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