3+ day, 17+ hour ago   (286+ words) India’s non-life insurance sector grew 12% in July 2026 excluding volatile crop insurance, driven by strong retail health and motor demand. While private insurers and health specialists continue to capture market share from state-run firms, investors should monitor underwriting profitability as medical…...

1+ week, 1+ day ago   (270+ words) Whalesbook Car buyers in India are increasingly reporting a stressful trend: vehicle dealerships refusing to hand over new cars or bikes unless the buyer purchases insurance directly from the showroom This practice is being flagged by legal experts and regulators…...

1+ week, 3+ day ago   (245+ words) Whalesbook Motor insurance companies have officially entered the trial phase for Bima Sugam, a centralized digital marketplace backed by the Insurance Regulatory and Development Authority of India (IRDAI) The platform is designed to streamline the entire insurance lifecycle, including policy…...

1+ week, 4+ day ago   (309+ words) Whalesbook The Bharat Maritime Insurance Pool (BMIP), a sovereign-backed framework, has officially expanded its scope to include Protection & Indemnity (P&I) insurance This is a key step in India’s effort to build domestic capacity in the marine insurance sector Launched…...

1+ week, 5+ day ago   (306+ words) whalesbook.com A recent study by Tata AIG General Insurance highlights that healthcare costs have replaced traditional financial concerns like EMI obligations and job security for many Indian corporate employees The report, which surveyed over 748 individuals, reveals that 94% are anxious…...

1+ week, 5+ day ago   (265+ words) whalesbook.com Indian non-life insurance companies are stepping up efforts to combat widespread motor third-party (TP) fraud, which has become a significant drain on profitability This crackdown follows a July 29, 2026, order from the Madras High Court, which sanctioned the creation…...

1+ week, 6+ day ago   (324+ words) Whalesbook The Supreme Court of India has issued a directive effectively increasing the mandatory third-party motor insurance tenure for new vehicles Starting immediately, new cars must be insured for four years, while new two-wheelers require six years of coverage The…...

2+ week, 3+ day ago   (256+ words) whalesbook.com S&P Global Ratings has released a positive long-term outlook for India’s insurance industry, citing recent structural changes as a major catalyst for future expansion The agency expects the sector to grow, driven primarily by the government's…...

2+ week, 4+ day ago   (284+ words) Whalesbook General insurance companies saw a sharp rise in their stock prices on Wednesday following a landmark Supreme Court directive aimed at curbing the number of uninsured vehicles on Indian roads Shares of major players including New India Assurance Company,…...

2+ week, 5+ day ago   (295+ words) Whalesbook The Supreme Court of India has introduced a major policy shift affecting the automotive and insurance sectors Effective August 4, 2026, new vehicles will no longer be sold with the standard one-year third-party cover Instead, buyers must now opt for a…...