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News

@The_Hindu
thehindu.com > news > national > telangana > us-insurance-firm-nationwide-opens-facility-in-hyderabad > article71/20/7635.ece > amp

U.S. insurance firm Nationwide opens facility in Hyderabad

2+ week, 3+ day ago   (153+ words) Published - July 10, 2026 11:35 pm IST - HYDERABAD U.S. insurance and financial services company Nationwide recently announced the opening of Nationwide Global Services Center in Hyderabad. The Hyderabad facility is the company’s first international campus and joins those at three locations in the U.S....

@The_Hindu
thehindu.com > brandhub > legacy-planning-for-indian-families-how-life-insurance-helps-preserve-wealth-across-generations > article71/20/1008.ece > amp

Legacy Planning for Indian Families: How Life Insurance Helps Preserve Wealth Across Generations

2+ week, 4+ day ago   (1004+ words) According to industry estimates, nearly $1.3 trillion in wealth is expected to change hands in India over the next decade, making succession planning and wealth transfer key considerations for affluent families, business owners and pre-retirees. For many families, years are spent…...

The Hindu
thehindu.com > business > Industry > coal-ministry-permits-use-of-insurance-surety-bonds-as-replacement-for-bank-guarantees > article71175693.ece

Coal Ministry permits use of insurance surety bonds as replacement for bank guarantees

3+ week, 4+ day ago   (152+ words) Coal Ministry on Thursday (July 2, 2026) allowed entities-accorded coal blocks to use insurance surety bonds (ISBs) instead of performance bank guarantees (PBGs) to fulfil their obligations for performance surety. Performance based guarantees are included in contractual agreements to ensure the contractor…...

The Hindu
thehindu.com > business > irdai-forms-working-group-on-ai > article71118712.ece

IRDAI forms working group on AI

1+ mon, 1+ week ago   (167+ words) Published - June 19, 2026 02:36 am IST - HYDERABAD Insurance regulator IRDAI has constituted a working group on Artificial Intelligence (AI) to set direction on governance frameworks, best practices and safeguards for the insurance sector to pursue innovation, around the emerging technology, while ensuring…...

Google News
thehindu.com > business > irdai-moots-changes-to-key-norms-governing-insurers > article71106133.ece

IRDAI moots changes to key norms governing insurers

1+ mon, 1+ week ago   (333+ words) Published - June 15, 2026 10:00 pm IST - HYDERABAD Insurance regulator IRDAI is proposing amendments to registration regulations, for insurance companies, with the aim of enhancing ease of doing business, simplification of regulatory processes, reduction of compliance costs, enhancement of operational clarity and facilitation…...

@The_Hindu
thehindu.com > news > cities > Visakhapatnam > navigating-maze-of-maritime-insurance-legal-battle-looming-for-slain-vizag-mariners-family > article71/09/7759.ece > amp

Navigating maze of maritime insurance: legal battle looming for slain Vizag mariner’s family

1+ mon, 2+ week ago   (261+ words) Updated - June 13, 2026 08:58 pm IST - VISAKHAPATNAM Even as the mortal remains of Patnala Suresh (44), the chief engineer who was killed in a strike on the Palau-flagged oil tanker MT Settebello off the Oman coast on June 10, are yet to be repatriated…...

The Hindu
thehindu.com > business > life-insurers-new-business-rose-5-in-may-at-32031-crore > article71086112.ece

Life insurers’ new business rose 5% in May at ₹32,031 crore

1+ mon, 2+ week ago   (264+ words) Published - June 10, 2026 09:39 pm IST - HYDERABAD The new business premium of life insurance companies rose more than 5% in May to ₹32,030.84 crore compared to ₹30,463.21 crore a year earlier even as the number of policies/scheme sold remained a tad lower. Market leader,…...

@The_Hindu
thehindu.com > business > Economy > health-is-wealth-and-both-wear-away > article71/07/2223.ece > amp

Health is wealth and both wear away

1+ mon, 2+ week ago   (191+ words) Health is wealth and conversely, ill-health is erosion of wealth. Conventional wisdom says this is where health insurance comes in. Until health insurance itself becomes a large drain on the pocket, ironically. All this if today’s morbidity trends remain the…...

The Hindu
thehindu.com > news > cities > Madurai > hc-tells-insurance-company-to-pay-sum-assured-to-kin-of-man-killed-by-bull-during-jallikattu > article71034344.ece

HC tells insurance company to pay sum assured to kin of man killed by bull during jallikattu

1+ mon, 4+ week ago   (290+ words) Published - May 28, 2026 10:59 pm IST - MADURAI The Madurai Bench of the Madras High Court has directed the United India Insurance Company to pay ₹5 lakh to the family of a spectator, a retired teacher, who was gored to death by a bull…...

@The_Hindu
thehindu.com > business > insurance-ombudsmen-decided-41055-grievances-in-fy26-79-in-favour-of-policyholders > article71/00/7671.ece > amp

Insurance Ombudsmen decided 41,055 grievances in FY26, 79% in favour of policyholders

2+ mon, 6+ day ago   (283+ words) Updated - May 21, 2026 10:04 pm IST - HYDERABAD Insurance Ombudsmen decided 41,055 grievances during 2025-26. Of these 79% were decided in favour of policyholders, according to the Insurance Regulatory and Development Authority of India (IRDAI). The IRDAI cited the numbers in a release on an orientation…...