Tag: India

India Opens Atomic Energy and Insurance Sectors to 100% Foreign Investment

India reforms atomic energy laws and removes foreign ownership caps in insurance, enabling up to 100% foreign investment and aiming to expand nuclear capacity to 100 GW by 2047.

Ageas Federal Life Insurance Unveils Rebranding to Engage Modern Indian Market

Ageas Federal Life Insurance launches a refreshed brand identity and integrated digital campaign to connect with India's evolving insurance market.

Indian Insurance Premium Growth Surges Over 20% in November Post-GST Cut

Indian insurance industry records over 20% premium growth in November FY26 following GST cut on insurance premiums, boosting life and non-life sectors.

India's Life Insurance Sector Posts 12% Premium Growth Amid GST Reduction

India's life insurance sector sees 12% premium growth in November driven by LIC and SBI Life, supported by GST cuts on health insurance policies enhancing market momentum.

Care Health Insurance Reports Growth Amid Rising Claims and Profit Pressure

Care Health Insurance expands premiums in H1 FY26 but faces rising claims and underwriting losses, indicating pressure on profitability and the need for pricing and claims discipline.

India's Insurance Market Faces Growth Challenges Amid Reform and Digital Push

India's insurance sector experiences slowed premium growth and persistent underwriting losses amid efforts to increase insurance penetration and digital innovation. Regulatory reforms and Gujarat's GIFT City expansion offer growth opportunities.

HDFC Life Reports Strong FY25 Growth Amid India's Expanding Life Insurance Market

HDFC Life posts 17% growth in individual premiums and expands market share in FY25 as India's life insurance sector shows resilience with rising premiums and evolving distribution strategies.

SBI Life Insurance Reports FY 2025 Premium Growth and Strong Financial Metrics

SBI Life Insurance posted a New Business Premium of Rs. 35,577 crores and a 27% profit after tax increase for FY 2025, maintaining strong solvency and AUM growth in India's life insurance sector.

Star Health Insurance Partners with Sunrisers Hyderabad for 2025 T20 League

Star Health Insurance teams up with Sunrisers Hyderabad for T20 League 2025 to promote health insurance and wellness in India's sports market.

Allianz Divests Stake in Bajaj Allianz for €2.6 Billion

Allianz SE sells its 26% stake in Bajaj Allianz to Bajaj Group for €2.6B, aiming to reinvest in India's growth market.