Business
THE INSURANCE TIMES
Pocket-friendly Premiums
Health and term insurance got a major boost with the recent GST rate revision.
3 min |
December 2025
THE INSURANCE TIMES
Group Health and Accident Insurance: SMEs bet on health-related benefits to retain employees
Digital platforms have simplified issuance of the policies, premium collection and claims processing easier. Artificial intelligence enables staff to easily upload their hospital documents. After reviewing the documents, they can easily track an approval, and is returning their dollars owed much faster than without.
4 min |
December 2025
THE INSURANCE TIMES
Insurance Caselaws
In insurance claims, the NCDRC orders LIC to pay Rs. 6 Lakhs plus a bonus, stating that as a PSU, LIC must fulfill its obligations.
5 min |
December 2025
THE INSURANCE TIMES
IRDAI Corner
The Financial Sector Assessment Program (FSAP), a joint program of the International Monetary Fund (IMF) and the World Bank (WB), undertakes a comprehensive and in-depth analysis of a country’s financial sector.
5 min |
December 2025
THE INSURANCE TIMES
Do's and Don'ts While Buying a Whole Life Insurance Policy
Whole life insurance is a long-term financial protection tool that provides lifelong coverage, guaranteed benefits, and in many cases, cash value accumulation.
3 min |
December 2025
THE INSURANCE TIMES
The Circle of Insurance
Key standard safety features are that the Curvv comes standard with six airbags, Anti-lock Braking System (ABS) with Electronic Brakeforce Distribution (EBD), Electronic Stability Control (ESC), and ISOFIX child seat mounts. Five-star rating for a car means it's almost a perfect car.
9 min |
December 2025
THE INSURANCE TIMES
Gender Discrimination in the Insurance Sector in India
The growth of life insurance sector mainly depends on number of policies issued by life insurance companies and role of insurance agents. In case of life insurance sector, number of agents increased from 26.28 lakhs in 31.03.2023 to 28.95 lakhs in 31.03.2024.
5 min |
December 2025
THE INSURANCE TIMES
Policybazaar for Business examines Al's impact on clinical risk and medical accountability in its latest whitepaper
Artificial intelligence is increasingly making its way into healthcare as the next big force.
2 min |
December 2025
THE INSURANCE TIMES
Telematics in Motor Insurance - Driving the Future of InsurTech Innovation
The global motor insurance industry is undergoing a major transformation, driven by digital innovation and evolving customer expectations.
5 min |
December 2025
THE INSURANCE TIMES
Interview with Dr. Prabina Rajib, Director, BIMTECH
Dr. Prabina Rajib, Director at the Birla Institute of Management Technology, is a distinguished academic with a Ph.D. in Finance from IIT Kharagpur.
5 min |
December 2025
THE INSURANCE TIMES
India InsurTech Association's 4th Annual Event Spotlights AI as the Future of Indian Insurance Media Partner: The Insurance Times
The India InsurTech Association (IIA) successfully hosted its flagship gathering, the 4th IIA Annual Event, themed AI in Insurance, on October 30, 2025, at the Fairmont in Mumbai.
2 min |
December 2025
THE INSURANCE TIMES
Legal Briefs
Sushila Devi was the proprietress of a clothing store named Durga Cloth Store, situated on the highway in Orai, Jalaun District, Uttar Pradesh.
2 min |
December 2025
THE INSURANCE TIMES
Health Insurance News
A new report by the National Centre for Promotion of Employment for Disabled People (NCPEDP) has revealed that over 80% of persons with disabilities (PwDs) in India are excluded from health insurance coverage.
4 min |
December 2025
THE INSURANCE TIMES
Challenges in Implementing AI in the Insurance Industry
Artificial Intelligence (AI) has rapidly emerged as one of the most influential forces transforming the insurance sector. Its potential spans across underwriting, pricing, fraud detection, claims automation, customer service, sales forecasting, and risk analytics. Insurers worldwide are turning to AI to improve accuracy, speed, efficiency, and customer experience.
5 min |
December 2025
THE INSURANCE TIMES
Quotes from 29th Fair Conference, Mumbai Media Partner: The Insurance Times
Reflections on the Fair Conference:
10+ min |
December 2025
THE INSURANCE TIMES
Life Insurance News
Indian life insurers have urged the government to raise the tax-free investment limit in long-term infrastructure bonds under Section 80C from Rs. 5 lakh to Rs. 10 lakh, aiming to stimulate demand and deepen the domestic bond market.
7 min |
December 2025
THE INSURANCE TIMES
The Implications of Drafting the Letter of Subrogation
It ensues that subrogation arises only where the insured has suffered a loss and has the option of recovering the loss from the wrongdoers, other than from the insurer. If the insured recovers the loss from the insurer, then his right to claim from the wrongdoer passes on to the insurer.
8 min |
December 2025
THE INSURANCE TIMES
General Insurance News
The Finance Ministry has renewed its proposal to merge three state-owned general insurance companies-National Insurance Company, Oriental Insurance Company, and United India Insurance-citing the need for enhanced operational efficiency and financial stability.
4 min |
December 2025
THE INSURANCE TIMES
Insurance Regulator Update
The Indian government is likely to introduce a bill in the upcoming winter session of Parliament to raise the foreign direct investment (FDI) limit in the insurance sector from the current 74% to 100%.
6 min |
December 2025
THE INSURANCE TIMES
International News
A groundbreaking platform has been launched in Australia to combat the rising wave of sophisticated insurance fraud within the travel industry.
4 min |
December 2025
THE INSURANCE TIMES
Epigenetic Clocks as Predictors of Mortality: A New Tool for Life Insurance Risk Stratification
Numerous cohort studies have validated the utility of epigenetic clocks in predicting all-cause mortality. For instance, accelerated epigenetic aging, where biological age exceeds chronological age, has been consistently associated with increased mortality risk (Marioni et al., 2015).
5 min |
November 2025
THE INSURANCE TIMES
Life Insurance News
Life insurers cut distributor commissions to pass on GST relief to customers
7 min |
November 2025
THE INSURANCE TIMES
Insurance Regulator Update
Irdai's Deepak Sood calls for new distribution model to expand rural insurance reach
2 min |
November 2025
THE INSURANCE TIMES
Evaluating the Impact of the New Tax Regime on Motor Accident Compensation Awards
In India, compensation awarded under the Motor Vehicles Act majorly depends upon the income of the deceased (claimant- in case of injury), age and dependency. Since the compensation is calculated based on loss of income after the accident, it increases as the income rises.
4 min |
November 2025
THE INSURANCE TIMES
A Comprehensive Risk Management Framework for the Insurance Industry
In the insurance industry, risk is not merely a challenge to overcome; it is the very commodity we trade. Therefore, a robust and sophisticated risk management framework is not just a matter of good governance but a core strategic imperative. It is the bedrock upon which an insurer builds its solvency, ensures compliance with a complex regulatory landscape, and ultimately achieves sustainable, long-term growth.
10+ min |
November 2025
THE INSURANCE TIMES
"The overall industry seems to have understood the need to change the attitude from selling what it has to what the customer needs. This realization has led to the development of add-ons and modular products which are quite flexible in nature."
About Mr. Lahiri - Mr. Samiran Lahiri is widely regarded as one of India's most accomplished insurance professionals and consultants, known for his strategic insight, deep technical acumen, and exemplary leadership across diverse domains of the insurance and financial services industry.
10+ min |
November 2025
THE INSURANCE TIMES
Parametric Insurance - A Disruptive Model for Climate and Catastrophe Risk Management
Executive Summary - Traditional indemnity-based insurance models have long faced challenges in addressing the growing frequency and severity of natural disasters.
5 min |
November 2025
THE INSURANCE TIMES
Safety Perspectives - The Greatest Happiness of Greatest Number
The salvage dealer has many things to pay for, many expenses such as transportation, electricity, rent, employee salaries, machinery, and more. Hence, the salvage dealer would certainly offer a daily prayer: 'Dear God, please bless me with at least 50 salvage cases today and every day'. He wants 50 accident cases every day! There is no harm in his prayer. It is perfectly logical on his part to pray.
7 min |
November 2025
THE INSURANCE TIMES
Do's and Don'ts While Buying a Term Insurance Policy
Do’s (Things You Must Do)
4 min |
November 2025
THE INSURANCE TIMES
Newton's Law - Another interpretation of Proximate Cause
The fire policy we know doesn't cover any loss or damage occasioned by, through, or in consequence of, directly or indirectly, an earthquake, volcanic eruption, or other convulsions of nature. An earthquake is an excluded peril, but loss by theft is an uninsured peril( other than as provided in the RSMDT clause).
7 min |