Bima Sugam Rollout: Is India's "UPI for Insurance" Finally Here?

IRDAI Chairman Ajay Seth promises initial products by September. Motor insurance goes first, life and health wait. Here's what's changed, what's still stuck, and why this platform could finally fix India's massive insurance gap.

Insurance FDI Hits 100%: Foreign Firms Can Now Fully Own Indian Insurers

India just tore down the last wall in insurance ownership. Foreign firms can now hold 100% stake, no local partner needed. From HDFC Life to Star Health, big deals may follow. Here's what changed, and why it matters for you.

Top Insurance Companies in India by AUM, Premium & Growth in FY26

LIC of India is the largest insurance company in India by AUM in FY26, with assets under management of ₹57.29 lakh crore. It is followed by major private life insurers such as SBI Life, HDFC Life, ICICI Prudential Life and Axis Max Life.

West Bengal Gramin Bank Partners with Canara HSBC Life Insurance to Expand Rural Insurance Access

Bancassurance partnership to bring life insurance, savings, and long-term financial planning solutions to rural and semi-urban customers across West Bengal

India’s Banks Are Betting Big on AI — But Only 21% Are Fully Ready

The Department of Financial Services says scheduled commercial banks posted a record aggregate net profit of ₹3.50 lakh crore in FY2023-24, while PSBs posted ₹1.41 lakh crore, and PSB asset quality improved with gross NPA falling to 3.12%.

LIC 1:1 Bonus Share Issue 2026: What It Means for Investors

India's largest insurer announces a landmark 1:1 bonus issue — its first since listing in 2022. But between the celebration and the fine print, there's a lot the average investor needs to understand.