Turtlemint targets smaller cities as India’s insurance sector grows
Insurtech platform Turtlemint is intensifying its efforts in India’s largely untapped insurance market, particularly targeting smaller…
Space startups pursue insurance for AI data centers located in orbit.
Space companies are in discussions with insurers regarding coverage for orbital AI data centers, indicating early advancements in this…
IRDAI recommends major changes to insurance regulations to enhance investment and simplify compliance.
The Insurance Regulatory and Development Authority of India (IRDAI) has put forth a set of proposed amendments to regulations concerning…
Increasing insurance costs and war-risk coverage are driving up India’s oil import expenses, advises the Finance Minister.
Finance Minister Nirmala Sitharaman stated on Monday (June 15) that the rising prices of crude oil are not India’s only concern, as…
Indians Increasingly Opt for Travel Insurance and Reduce Overseas Trip Cancellations
As flight disruptions, geopolitical tensions, and health concerns make international travel increasingly unpredictable, experts indicate a…
Allianz Travel Confidence Index reveals 60% of Indians favor domestic trips, with 85% planning to purchase insurance.
Sixty percent of Indian travelers are considering domestic vacations, while 85% are inclined to purchase travel insurance, indicating a shift…
Ather Energy Launches New Subsidiary, Ather Insurance, to Venture into the Insurance Sector
Ather Energy Ltd, a maker of electric two-wheelers, announced on Wednesday (May 27) that it has established a wholly owned subsidiary called…
Standard Chartered poised to terminate bancassurance partnership with ICICI Pru Life; could team up with Bharti Life Insurance.
Standard Chartered is expected to end its bancassurance partnership with ICICI Prudential Life Insurance, potentially forming a new…
Liberty Mutual Insurance Increases Ownership in Liberty General Insurance to 74% in the US
Liberty Mutual Insurance announced on Monday (May 18) that it has raised its stake in Liberty General Insurance Ltd to 74% in India.…
UK insurance leader Prudential plc set to acquire Bharti Life Insurance Company Limited
On Sunday, Bharti Enterprises declared that UK-based insurer Prudential plc has agreed to purchase a 75% stake in Bharti Life Insurance…