In FY23, the insurance industry had reported a growth rate exceeding 16%. However, there was a slowdown in FY24 largely due to the performance of crop insurance. Specialised insurer AIC reported a decline of 32% in growth due to the slowdown in agriculture insurance.
Will Vistara flyers get compensated by travel insurance for flight cancellations and delays? moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Niva Bupa Health Insurance projects Rs 5,000-cr gross written premium by 2023-24 : Rashtra News Niva Bupa Health Insurance on Monday announced its mid-term growth target, projecting a gross written premium of Rs 5,000 crore by 2023-24. Niva Bupa MD and CEO Krishnan Ramachandran said the insurer has seen overwhelming growth in the past 24
India s insurance industry is experiencing a significant transformation, primarily driven by the growth of health insurance. The Insurance Regulatory and Development Authority of India (Irdai) has shifted its focus from rule-based to principle-based regulations, aiming to achieve universal insurance coverage by 2047.