A Complete Guide to the Insurance Sector: The insurance sector plays a crucial role in the modern financial ecosystem, offering protection against unforeseen events through legally binding agreements known as insurance contracts. At the heart of this industry is the principle of risk-sharing. One party, typically the insurer, assumes the responsibility of covering financial losses…
Kerala High Court Clarifies: In a significant judgment that sets a precedent for insurance-related litigations, the Kerala High Court recently ruled that an insurance company is not obligated to issue a separate notice of cancellation if an insurance policy is canceled immediately after its issuance, especially when the insured party is aware of the cancellation….
Insurance Q4 FY25 Outlook: The Indian insurance sector is projected to deliver a subdued performance in the fourth quarter of FY25, as analysts anticipate multiple headwinds impacting both life and general insurers. According to Yes Securities Limited, life insurance companies are grappling with shrinking value of new business (VNB) margins, primarily due to a shift…
New York Life Insurance Company: In a significant move that reflects growing investor confidence in India’s real estate market, New York Life Insurance Company (NYL) has committed to invest Rs 550 crore across two upcoming projects by Max Estates in Noida. The announcement came via a regulatory filing by Max Estates, marking a pivotal development…
Why Home Insurance Prices Are Rising: Home insurance costs in the United States are rising at a faster pace than ever before. A growing concern among homeowners and home buyers, this surge is driven largely by a single, unavoidable factor—climate risk. As climate-related natural disasters like wildfires, hurricanes, and floods become more frequent and severe,…
79% Indians Unsure About Adequate Insurance Coverage: A recent report by leading InsurTech firm CoverSure has revealed an alarming reality: a staggering 79% of Indian policyholders are uncertain if their insurance coverage is sufficient. Despite owning life, health, and motor insurance policies, most individuals remain unaware of what their plans actually cover. This points to…
Is The Hanover Insurance Group: In an era marked by escalating market volatility and unpredictable policy shifts, many investors are turning their attention towards dividend-paying stocks for reliable income and relative stability. Dividend stocks serve as a hedge during turbulent periods, offering not just cash flow but also peace of mind. Among the companies being…
Zurich Kotak General Car Insurance: In today’s fast-paced world, car ownership is more than just a luxury—it’s a necessity. With more vehicles on the road, the risk of accidents, theft, and natural calamities has also risen. That’s why having comprehensive car insurance is no longer optional—it’s essential. Zurich Kotak General Insurance has introduced a robust…
Indias Insurance Gap: In a country witnessing rapid economic growth, rising healthcare costs, and increasing financial complexity, insurance should be a critical safety net. Yet, the recently published Suraksha Kavach Report 2025 by Bajaj Capital Insurance Broking Ltd. reveals a stark truth — while awareness is at an all-time high, most Indians remain dangerously underinsured….