Tag: India Insurance Market

India Approves 100% FDI in Insurance Companies, Signaling Sector Overhaul

India's government approves 100% foreign investment in insurance companies, reforming FDI regulations and impacting the insurance market landscape. Leadership shifts and cybersecurity governance mark regional industry trends.

India's Life Insurance Premiums Surge 27% Post-GST Removal in November 2024

India's life insurance market shows strong premium growth in November 2024, driven by GST removal on select insurance products. Private insurers lead expansion with notable gains from SBI Life, Max Life, and Bajaj Allianz Life.

ICICI Lombard Partners with Park+ to Digitize Car Insurance for 20 Million Users

ICICI Lombard teams up with Park+ to offer seamless digital car insurance solutions to over 20 million users, enhancing motor insurance accessibility and claims processing in India.