Non-life insurers record 2% premium growth in September, Bajaj Allianz General Insurance leads the way

Non-life insurers record 2% premium growth in September, Bajaj Allianz General Insurance leads the way

by | Dec 5, 2025 | Bajaj Allianz Life Insurance, HDFC ERGO, ICICI Lombard, Insurance, New India Assurance, Niva Bupa, Star Health and Allied Insurance, United India Insurance

The non-life insurance sector in India has reported a modest 1.94% year-on-year growth in gross direct premium to Rs 23,430 crore in September. This growth was driven primarily by an increase in standalone health insurance premiums. The largest general insurer, New...
HDFC Ergo and Tata AIG have joined other insurers in reducing distributor commissions.

HDFC Ergo and Tata AIG have joined other insurers in reducing distributor commissions.

by | Oct 29, 2025 | Aditya Birla, Care, HDFC ERGO, ICICI Lombard, Insurance, Niva Bupa, Star Health and Allied Insurance, Tata AIA

The Indian government has introduced a significant change in the Goods and Services Tax (GST) on individual health and life insurance premiums, reducing it from 18% to 0% effective September 22, 2025. However, this change also means that insurance companies can no...

A health insurance company has been fined Rs 30,000 for wrongly rejecting a medical claim. The insurer has also been ordered to pay Rs 2 lakh to the claimant, along with interest.

by | Oct 21, 2025 | HDFC ERGO, Insurance

The District Consumer Disputes Redressal Commission in Mohali has ruled in favor of a policyholder, Kuldeep Singh Sandhu, who was wrongfully denied a mediclaim by HDFC ERGO Health Insurance Ltd. Sandhu had purchased a group mediclaim policy through Canara Bank, which...