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Tuesday, September 1, 2026
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LIC faces US$11.4m GST exposure over FY2022-23 input tax credit claims
July 31 2026
The order adds to a growing number of GST disputes involving Indian insurers over input tax credit claims.
BNM plans independent oversight framework for MediAsas
July 30 2026
The base medical insurance and takaful product is undergoing pilot testing ahead of a planned January 2027 launch.
ProTec General gets IRDAI licence; regulator rolls out governance, policyholder reforms
July 30 2026
The reforms are aimed at easing operational rules for insurers and improving accountability in insurance sales.
BNM fines Pacific Insurance over 16-month CEO vacancy
July 30 2026
The insurer's CEO post was vacant since November 2024 until Florence Chang took office in March.
Patanjali, DS Group secure IRDAI nod for US$470m Magma General Insurance takeover
July 30 2026
Patanjali is set to acquire a 73.56% stake in the insurer, while DS Group will hold 24.50%.
Go Digit General secures competition authority nod for holding company merger
July 30 2026
The insurer will remain the surviving entity following the merger.
Indian insurers await motor TP rate revision after four-year freeze
July 29 2026
IRDAI's chairman said any revision will likely follow claims experience and loss ratios by vehicle segment, rather than an across-the-board hike.
India to launch shared KYC framework for insurers and banks — report
July 28 2026
The framework aims to simplify customer onboarding and reduce repetitive KYC requirements across the insurance and banking sectors.
WestBridge Capital begins process to exit Star Health Insurance - Report
July 28 2026
The PE firm holds around a 40% stake in the insurer through Safecrop Investments India.
Cambodia's regulator to serve insurers online from January 2027, weighs data centre
July 28 2026
Measures agreed at the 24 July regulator-CEO forum also cover commissions paid to intermediaries and tighter reporting by insurers.
ACCC clears Allianz Partners' acquisition of nib travel insurance business
July 28 2026
nib will receive up to A$50m (US$35m) for the deal, which is expected to complete by the end of 2026.
IRDAI tells insurers to speed up responses to Ombudsman complaints
July 27 2026
Delayed and piecemeal submissions by insurers have been slowing Ombudsman investigations, the regulator said.
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