AI, Cyber Risk & Sustainability: What 110 Global Insurance CEOs Plan for 2025–2028

Intro:Despite economic headwinds, climate volatility, and rapid tech disruption, insurance leaders are doubling down on growth. According to KPMG International’s 2025 Insurance CEO Outlook, 82% of CEOs express confidence in their company’s growth trajectory—up from 74% in 2024—with 78% bullish on the industry overall. AI Takes Centre Stage:Artificial intelligence isn’t just a buzzword—it’s the top […]

Krishnamoorthy Rao Named Generali India P&C Chief

Intro:In a strategic move to accelerate growth in one of Asia’s most dynamic insurance markets, Assicurazioni Generali S.p.A. has appointed veteran insurance leader Krishnamoorthy Rao as Managing Director and Chief Executive Officer of its Property & Casualty (P&C) business in India. The appointment takes effect 1 April 2026. Why This Matters:Rao brings over 35 years […]

India’s Non-Life Insurance Could Grow Up to 11% as Regulator Rewrites Market Access

India’s Non-Life Insurance Could Grow Up to 11% as Regulator Rewrites Market Access

India’s non-life insurance industry is poised for steady medium-term growth of 8% to 11%, supported by a strong economic backdrop and sweeping regulatory reforms aimed at expanding insurance access, according to CareEdge Ratings. The sector’s gross domestic premium (GDP) reached ₹3.07 lakh crore in FY2025, reflecting a robust compound annual growth rate (CAGR) of 10.4% […]

India Set to Outpace China and the US in Insurance Premium Growth by 2030

India Set to Outpace China and the US in Insurance Premium Growth by 2030

India is poised to become the fastest-growing major insurance market globally by 2030, outpacing both China and the United States, according to a new outlook from Swiss Re. The reinsurer projects India’s insurance premiums to grow at a compound annual rate of 6.9% through 2030, driven by strong demand across life, health, and motor insurance […]

India’s Life Insurance Industry Surges 40% YoY in December 2025

India’s life insurance industry recorded its strongest monthly performance in nearly two years in December 2025, signalling a solid recovery after earlier contractions in the year. According to CareEdge Ratings, new business premiums rose 39.5% year on year to $4.6 billion (₹421.5 billion) in December. This marks a sharp rebound from the 5.2% contraction seen […]

SBI Life and AU Small Finance Bank join hands to boost insurance access in rural India

SBI Life and AU Small Finance Bank join hands to boost insurance access in rural India

Mumbai: In a significant move to strengthen insurance penetration across underserved regions, AU Small Finance Bank (AU SFB) has entered into a corporate agency partnership with SBI Life Insurance. The collaboration aims to make a wide range of life insurance solutions more accessible, particularly in rural and emerging markets across India. Under the agreement, AU […]

AI Reshapes the Insurance Industry: From Risk Reaction to Risk Prevention

The insurance sector is experiencing a seismic shift as artificial intelligence (AI) becomes a cornerstone of operations, transforming the industry from a “detect and repair” model to one focused on “predict and prevent.” Traditionally, insurers have addressed risks after they occurred. But with AI-driven insights, the industry is now taking a proactive stance—anticipating risks before […]

Indian Railways Offers ₹10 Lakh Travel Insurance for Just 45 Paise on IRCTC

Passengers booking train tickets online through IRCTC can now secure travel insurance coverage of up to ₹10 lakh by paying just 45 paise. The facility is part of the Optional Travel Insurance Scheme (OTIS), launched by Indian Railways to enhance passenger safety and financial security in case of train-related mishaps. According to Railway Minister Ashwini […]

Foreigners drive 150% surge in health insurance uptake in India

The growth is strongest amongst women and non-residents. A surge in health insurance uptake is fueling the rise of medical tourism amongst non-resident Indians (NRIs), with new data from Policybazaar showing a 150% year-on-year (YoY) increase in NRI health insurance customers in fiscal year 2025. The growth is strongest amongst women (up 125%) and NRIs […]