Insurance Premiums
Latest news, explainers and analysis on Insurance Premiums. Tracking 4 stories on Arth Vani.
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Latest on Insurance Premiums
BreakingIRDAI's Commission Focus: How Broker Rules Could Shape Your Insurance Premiums
The Insurance Regulatory and Development Authority of India (IRDAI) is reportedly evaluating broker commission structures, sparking discussions on whether such oversight could reduce insurance costs for Indian consumers. While specific details of potential new regulations are awaited, any rationalisation of distribution expenses could theoretically translate into more affordable premiums across various insurance products.
BreakingLIC Leads Individual Premium Growth in September 2026 as Private Insurers Dominate Total NBP
Life Insurance Corporation (LIC) outperformed private competitors in individual premium growth for September 2026, while private players like HDFC Life and ICICI Prudential maintained a lead in total new business premiums. The data highlights a shifting preference among Indian retail policyholders toward the state-owned giant for individual life cover.
Fire Insurance Premiums Plunge 28% in Q1 Amid Discounting War; Regulator Concerned
Fire insurance premiums in India dropped by 28% in the first four months of the current financial year. This significant fall is attributed to aggressive discounting by insurers competing for large industrial accounts, prompting the regulator to express concerns over the financial health of these companies.
ICICI Lombard Warns of Rising Fire Insurance Costs and Motor Claim Payouts
ICICI Lombard has flagged that current low pricing in fire insurance is unsustainable following a dip in quarterly profits. The insurer also noted a rise in motor insurance payouts due to a Supreme Court ruling that increases compensation for homemakers involved in accidents.
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