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GENERAL INSURANCE NEWS

India recorded sharper reductions across major lines in US-based Global Insurance Market Index.

Commercial insurance rates fall by up to 25% in India

February 21, 2026 10:07 pm

India recorded sharper reductions across major lines, particularly in property and cyber insurance, reflecting strong re-insurer support and evolving risk dynamics.

The Delhi State Consumer Disputes Redressal Commission said that the denial of the claim cannot be based on conjectures or subjective perceptions.

Can insurer reject claim on ‘assumptions’? Delhi consumer body orders Rs 17.75 lakh payout for lost jewellery

January 23, 2026 5:42 pm

Insurance Claim Rejection Case: Delhi State Consumer Disputes Redressal Commission dismissed the appeal of Oriental Insurance Company Limited and upheld a consumer forum order directing Rs 17.75 lakh for lost jewellery.

Navya Naveli Nanda recalls her dadi gifting her life insurance for Christmas: 'You'll thank me when you turn 21'; 'Sweet,' says Jaya Bachchan

August 30, 2025 5:36 pm

"Yeah, she would pay the premiums and everything," Shweta Bachchan added

New India Assurance also increased its market share from 14.67 per cent in June 2024 quarter to 15.51 per cent in the June 2025 quarter.

Premium mobilisation: PSU non-life insurers outperform private players in June quarter

July 21, 2025 5:43 am

The four PSU general insurers reported a premium mobilisation of Rs 27,787 crore for the June 2025 quarter as against Rs 24,233 crore a year ago, according to figures available with the General Insurance Council.

For Rs 30-lakh insurance money, Karnataka man stages road accident to kill father, arrested after 6 months

January 08, 2025 10:29 pm

The Kalaburagi police uncover the chilling plot that a man and his friend executed with the help of two killers hired for a paltry Rs 20,000.

As of now, policyholders don’t issue any refund amount if the policy is discontinued or lapsed for non-payment of premium after one year. (File Photo)

Insurance surrender value: How life policyholders will benefit from change in rules from today

October 02, 2024 8:50 am

Life insurance policyholders are set to get a higher refund amount if they discontinue their policies in the wake of the new rules mandated by the Insurance Regulatory and Development of India (IRDAI) from October 1.

‘Hospitals similar in facilities seem to have hugely varying rates; some sanity needed’: Future Generali CEO

June 03, 2024 8:12 am

At FGII, we recently conducted a survey to understand the health insurance prospects among women and the relevance of choice and value.

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Corporate governance for insurers: Irdai lists new guidelines

May 26, 2024 12:33 am

The regulator said the present board chairperson can continue up to March 31, 2026 or till they complete their current tenure

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Insurance firms only interested in earning premiums, declining claims': Consumer commission

May 26, 2024 9:18 am

The complainant (Nimesh Lata) died on May 27, 2023, during the pendency of the complaint and her son Dheeraj Chandan being her only legal representative was impleaded in her place.

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Private general insurers push up market share, competition set to intensify

April 20, 2024 1:32 am

The industry’s growth is driven by the health and motor insurance segments. However, compared to last year, there was a decline in growth due to a fall in liability, crop insurance and credit guarantee, while fire and marine segments reported subdued growth numbers compared to last year.