Ageas Federal Life Insurance has elevated Mr Erum Kidwai to the role of CMO.
HDFC Life, one of India's leading insurers, has reported continued strength in its claim settlement performance, with a claim settlement ratio of 99.7% for individual death claims in FY26. The company said it continues to consistently deliver on its promise to customers, as reflected in this year's high settlement ratio.
The health insurance sector needs to help individuals manage risks to good health, before they become medical events, according to Aditya Birla Health Insurance's CEO Mr Mayank Bathwal.
India continues to have relatively low insurance penetration, but awareness of life insurance is rising among younger consumers. According to Go Digit Life Insurance's "Transparency Report 4.0", young Indians are increasingly purchasing life insurance at an earlier age compared to previous generations.
The Indian insurance market achieved strong growth of +9.4% in 2025, with total premium income reaching $146bn as compared to $133bn in 2024 ), according to Allianz Global Insurance Report 2025.
Life insurers in India have reportedly asked the government to double the tax-free limit on insurance policies to INR500,000 ($5,232), according to Reuters, citing three sources directly familiar with the matter.
The General Insurance Council of India is working to create a more accessible, transparent, and efficient healthcare insurance ecosystem for policyholders.
Mahindra and Manulife have announced progress on their life insurance joint venture, following approval from the Ministry of Corporate Affairs.
Ageas Federal Life Insurance has appointed Mr Yash Sinha as Chief Human Resource Officer (CHRO).
The Life Insurance Corporation of India (LIC) will launch two new life insurance policies in June - the New Jeevan Sathi Single Premium and New Jeevan Sathi Limited Premium.