The Indian insurance sector is gearing up for a digital revolution as the government prepares to launch the Bima Sugam platform by December 2025. Envisioned as a one-stop online marketplace for all ...

As the Union Budget 2026 approaches, the insurance sector is looking for policy clarity to convert recent legislative reforms into wider coverage and deeper penetration. Industry stakeholders believe ...

Bima Sugam will be established under Section 8 of the Companies Act, 2013, as a not-for-profit company Shareholding of the company will be widely held amongst life, general and health insurers, with ...

India's 2025 insurance reforms removing the FDI cap mark a structural shift, boosting capital, competition and technology to ...

The LIC Bima Lakshmi plan is a money-back policy designed for women, offering savings, insurance protection, and periodic ...

(MENAFN- KNN India) New Delhi, Dec 19 (KNN) Parliament has passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, which amends key legislation governing India's insurance sector, ...

It said that the marketplace would serve as a one-stop-platform for selling, servicing and claim settlements As per IRDAI, the platform will promote “transparency, efficiency, and collaboration across ...

If someone calls claiming the government wants to return your old insurance money, stop right there. That is not how refunds or unclaimed amounts work.

The Indian insurance sector is undergoing a significant transformation, driven by the vision of ‘Insurance for All by 2047’. The Economic Survey highlighted that the Insurance Regulatory Development ...