BANKING & FINANCE
Non-Life Insurance Premium Growth Rises To 10% In August: CareEdge
Non-life insurance premiums grew 10.0% year-on-year to ₹27,455 crore in August 2026, sharply improving from 5.7% growth in July, as the drag from fire and crop insurance narrowed, according to CareEdge Ratings. The improvement took cumulative premium growth for April-August FY27 to 9.6%, up from 6.0% during the corresponding period a year earlier. Crop insurance […]
CW Bureau
·
Sep 19, 2026
BANKING & FINANCE
Younger Advisors Key For Customer Acquisition, Veterans Push Premiums
India’s insurance distribution ecosystem is undergoing a generational transformation, with younger advisors driving faster customer acquisition while experienced professionals continue to dominate high-value protection sales, according to a new study by insurtech platform Probus. The study found that Point of Sales Persons (PoSPs) under the age of 30 who joined the Probus platform for the […]
CW Bureau
·
Jul 7, 2026
BANKING & FINANCE
India’s Non-Life Insurance Premiums Increase 8.7% To ₹24,195 Cr In May
India’s non-life insurance industry reported gross direct premiums of ₹24,195 crore in May 2026, registering a year-on-year (y-o-y) growth of 8.7%, according to a CareEdge Ratings report. The growth was driven primarily by strong momentum in health insurance, particularly the retail health segment, along with sustained expansion in motor insurance. Private insurers gain market share […]
CW Bureau
·
Jun 24, 2026
BANKING & FINANCE
Oriental Insurance Hits ₹20,000 Cr Gross Premium Milestone In FY26
The Oriental Insurance Company Ltd (OICL) has crossed ₹20,000 crore in gross premium for FY 2025–2026, marking a significant milestone in its growth journey. This achievement reflects the growing trust of policyholders, intermediaries, and stakeholders, not only in OICL but also in public sector insurance institutions at large. The milestone aligns with the government’s broader […]
CW Bureau
·
Mar 27, 2026
