Insurance premium financing gaining traction after GST waiver: Expert
The demand for insurance premium financing has risen sharply, in line with the overall increase in insurance uptake following the […]
Insurance Industry News
Life insurers’ new business premium jumps 39% in April on GST boost
New business premium (NBP) of life insurance companies rose 39 per cent year-on-year (YoY) in April to ₹30,550.38 crore, compared
Insurance for All: Expanding Coverage, Strengthening Social Security and GST Exemption Boosting Affordability
Key Takeaways: India ranks as the 10th largest insurance market globally by premium volume (Swiss Re Report). Share of insurance and pension funds
GST cut lifts life insurance premium to record Rs 4.6 lakh crore in FY26
The life insurance industry reported a three-fold jump in growth, with new business premium (NBP) rising 16% year-on-year to a
GST waiver, tax benefits push up entry-level health insurance cover sizes
The size of entry-level health insurance covers has been rising in the current financial year, driven largely by the waiver
One in three policyholders did not benefit from GST cut on insurance premiums, survey says
Despite the Union government’s decision to reduce Goods and Services Tax (GST) on life and health insurance premiums to 0%
Star Health Insurance sees 50% increase in new policy demand post GST cut on health insurance
Chennai-based Star Health Insurance has seen a strong surge in demand post the removal of Goods and Service Tax (GST)
Has 18% GST exemption on insurance reduced premiums? Govt answers in Parliament
The Indian government confirmed on Wednesday that a recent GST exemption for insurance had lowered costs for policyholders. The GST
Systematix sees life insurance sector to gain post-GST cut; check top picks
India’s life insurance industry offers a long-term growth opportunity, supported by low penetration, a large protection gap and favourable demographics,
LIC takes ₹1,400 crore hit from loss of GST-linked input tax credit
Life Insurance Corp. (LIC) has taken a hit of ₹1,400 crore due to the loss of input tax credit after
