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The Insurance Regulatory and Development Authority of India (IRDA) establishes a committee to comprehensively review and revamp its insurance regulations framework.

A group of financial experts have come together to discuss the insurance industry in India, with a focus on the legal framework that governs it. The discussion highlights the Insurance Act of 1938, which was enacted during British rule and provides the foundation for...

Indian public sector general insurance companies have announced a profit of ₹1,066 crore for the third quarter of FY 2024-25, according to the Finance Ministry.

The Indian Public Sector General Insurance Companies (PSGICs) have turned around their financial fortunes, recording a profit of ₹1,066 crore in the third quarter of the financial year 2024-25. This marks a significant turnaround from the losses of over ₹10,000 crore...