Latest Updates Around The World
The total number of complaints registered under UFBP (Unfair Business Practices) has increased from 23,335 in 2023-24 to 26,667 in 2024-25. Misselling is a major problem in the insurance industry and insurers need to conduct a root cause analysis to identify the root causes, the Insurance Regulatory and Development Authority of India (IRDAI) said in […]
The insurance sector has been waiting for years for a catalyst that can significantly advance the interests of all stakeholders. Following a series of reforms in recent years that have led to regulatory consolidation to improve corporate governance, the year 2025 has witnessed groundbreaking developments, and 2026 is expected to take things a step further. […]
Naveen Chandra Jha, Managing Director and Chief Executive Officer, SBI General Insurance Naveen Chandra Jha, Managing Director and Chief Executive Officer, SBI General Insurance, shares his views on developments in 2025 and prospects for 2026. The year 2025 witnessed important developments. What are the regulatory trends you expect in 2026? The regulators are actively working […]
Motilal Oswal Asset Management Company is taking a decisive overweight in large private banks and is betting on improving net interest margins, lower credit costs and robust credit growth. Executive Director and CBO Akhil Chaturvedi believes that after years of underperformance, the industry is poised to outperform as balance sheets strengthen and earnings momentum increases. […]
The Indian consumption story received a new boost with the radical GST rate rates from the government, in particular for the benefit of car manufacturers, insurers and FMCG companies. Experts believe that this movement will breathe new life into the momentum about the consumables, even if the uncertainties of global trade continue to weigh on […]
Finance Minister Nirmala Sitharaman during a debate in the Lok Sabha in New Delhi, on Monday | Photocredit: – While the limit of the Foreign Direct Investment (FDI) in the insurance sector in the current parliament session must be increased, the government supplied the Lokha on Monday that only four insurance companies of the private […]
