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MUMBAI: Rural India is not yet insurance's largest market. But it is becoming its engine.Its share of life and health premiums has risen from 41% to 43%, while the urban share, by implication, is flattening. The marginal rupee of growth is shifting to non-metros. Nearly half of new premiums now come from rural-majority districts and cities with fewer than 10 lakh people, widening a market once concentrated in metros. If this trend persists, rural and semi-urban India will account for a dispropor ...Read More >
India's insurance market saw strong growth, boosted by the festive season and a government decision to make health insurance GST-free. The festive season, coupled with the government's recent decision to make health insurance GST-free, has provided a strong boost to India's insurance market. According to an analysis by Policybazaar, insurance payments between September 22 and October 14 grew 14 per cent week-on-week and 35 per cent year-on-year, driven by festive spending and consumer preferenc ...Read More >
The Policybazaar report mentioned here tracked the health insurance growth with regards to OPD adoption in the past three years Around one in five health insurance policies now include OPD cover. Thanks to 4.5X growth in adoption in the past three years, reveals a Policybazaar report analysing OPD trends during this period. The report further notes that there are 5-10 percent fewer hospitalisations among regular OPD users. It further observed that OPD users claim 3 to 4 times each year against ...Read More >
Mumbai: A majority of new-age companies that set the primary market buzzing with their initial public offerings and listing day gains have failed as long-term wealth creators for IPO and post-IPO investors, according to a study tracking 25 such firms listed between May 2020 and June 2025 across fintech, logistics, consumer internet, quick commerce, and SaaS (Software as a Service). Only 36 per cent of IPO investors and 32 per cent of post-IPO investors generated positive alpha despite strong li ...Read More >
Leh, July 18: Veteran BJP leader and former Deputy Chief Minister of Jammu and Kashmir Kavinder Gupta, was sworn as the 3rd Lieutenant Governor of Ladakh.Dressed in traditional Ladakhi attire, Gupta took the oath of office in a solemn ceremony held in Leh, administered by Justice N. Kotiswar Singh, Chief Justice of the High Court of J&K and Ladakh.Welcoming this new chapter in Ladakh's journey, Gupta emphasized service over power, declaring Ladakh deserves dignity, development, and a voice. "I'm ...Read More >
MUMBAI: As Tesla introduces its pioneering fleet of electric vehicles to the Indian market, insurance companies have designed comprehensive electric vehicle specific covers that guard against moisture buildup and electrical faults besides managing complex risks like exothermic reactions and charger problems. The covers that been launched to meet the infrastructure and technological demands of these cutting-edge vehicles offer features like battery and motor cover, charger protection, zero deprec ...Read More >
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