The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...
As India moves toward global accounting alignment and risk-based capital norms, the IRDAI chair has highlighted the critical role of actuaries while warning of a widening talent gap.
With banks accounting for 32.5% of life individual new business premium and meaningful shares in group, general and health lines, the reforms could materially reshape India’s bancassurance distribution...
