Published - October 24, 2026 09:50 pm IST - HYDERABAD The Insurance Regulatory and Development Authority of India (IRDAI) has extended the last date for submission of comments on its consultation paper on distribution reforms till October 31. The consultation process has received an encouraging response,…
Admitted insurers’ renewed interest in commercial accounts placed in the excess and surplus lines market is giving brokers more placement options. But a competitive quote leaves an important question unanswered: will the carrier still want the business at the next…
The Australian Consumers Insurance Lobby (ACIL) says the revised General Insurance Code of Practice now before the corporate regulator still fails to expressly prohibit commercial arrangements that could compromise the independence of expert reports used to decide claims. “After years…
What if you had a crystal ball that could predict the future? In workers’ compensation, complex claims rarely become complex overnight; the challenge is recognizing the signs so we can intervene. As a workers’ compensation pharmacy benefit manager, our “crystal…
The future was supposed to be self-serve. Consumers would compare policies online, purchase coverage in minutes, and leave brokers behind. Instead, Canada's brokers continue to earn the trust of customers even as digital channels expand rapidly. That's the backdrop to…
Commercial insurance rates fell globally for the ninth straight quarter during the third quarter of 2026. Marsh said the global marketplace saw strong financial results, favorable reinsurance terms, new market entrants, and expanded capacity from managing general agents. Buyers during the…
Total premium for H1-FY2027 grew by 15.3% year-on-year to ₹245.05 billion. New business premium also demonstrated strong momentum, increasing by 25.0% year-on-year to ₹118.21 billion. This growth in new business premium was attributed to a 10.6% increase in the number of policies, reflecting an expanding customer…
New Delhi [India], October 21 (ANI): Growth in motor third-party insurance premiums remained sluggish at 9 per cent year-on-year in September 2026, with insurers possibly reducing their focus on the segment following a recent Supreme Court ruling on compensation for homemakers in motor…
Insurance agency mergers and acquisitions fell to their slowest pace in nearly eight years through the third quarter of 2026, as private equity-backed platforms pulled back from high-volume tuck-in buying and shifted focus toward integration and exits. Q3 alone produced 144 transactions, a…
Mumbai: IndusInd General Insurance Company Limited, formerly known as Reliance General Insurance Company Limited, has announced the appointment of Sharad Mathur as its new Managing Director and Chief Executive Officer (MD & CEO), following the necessary statutory approvals. The company, part…
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