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% […]

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 […]