IRDAI is transitioning the insurance sector to a Risk-Based Capital (RBC) framework, linking capital requirements directly to underwriting, credit, and operational risk profiles.
Read articleLife insurers saw a 26.2% surge in new business premiums to ₹42,914 crore in October, despite a drop in policy counts, indicating a shift toward high-ticket group business.
Read articleThe General Insurance Council’s unified digital platform simplifies hospital onboarding, reducing operational friction for Indian health insurers and standalone providers.
Read articleLIC expects limited impact from proposed IRDAI commission caps due to existing cost controls, setting a benchmark for private insurers managing distribution expenses.
Read articleIRDAI introduces a mandated four-layer motor insurance structure effective December 15, requiring insurers to recalibrate digital onboarding and distribution workflows.
Read articleHDFC Life anticipates a shift in distribution mix as regulatory reforms impact the insurance broking channel, prompting a strategic pivot toward agency-led models.
Read articlePB Fintech initiates a 1,000-day strategy to evolve its business model as regulatory reforms impact insurance distribution and commission structures.
Read articleIRDAI issues a master circular to simplify share transfers, IPOs, and mergers, reducing processing fees and clarifying disclosure requirements for Indian insurers.
Read articleIRDAI sets a November 2026 deadline to clear 13 lakh pending insurance cases, focusing on Motor Accident Claims Tribunal backlogs to improve industry-wide trust and solvency.
Read articleStar Health CFO Nilesh Kambli suggests group health business may move to retail channels via banks as IRDAI proposes new distribution commission caps.
Read articleBandhan Bank estimates a ₹200 crore annual hit to fee income from proposed IRDAI distribution norms, highlighting the shift toward cost-linked commission models in bancassurance.
Read articleIndian insurers urge IRDAI for a gradual transition to tighter expense limits and a formal due process for mis-selling flags to protect distribution and operational stability.
Read articleLenders mobilize through IBA and ASFBI to address IRDAI’s proposed insurance distribution reforms, citing risks to fee income and the need for a phased transition.
Read articleIRDAI extends the feedback window for distribution reforms to October 31, signaling a critical recalibration phase for insurance commission structures and unit economics.
Read articlePrivate lenders are exploring new fee income streams and efficiency gains as IRDAI proposes cuts to insurance distribution commissions.
Read articleGeneral insurers face a strategic squeeze in FY27 as pricing competition in Motor and Fire segments forces a shift toward Retail Health and Motor OD to protect margins.
Read articleTechnology adoption and government backing are set to expand crop insurance penetration across rural India.
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