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The Latest Breaking News from Insurance

CEOs quitting general insurance companies to pursue entrepreneurial ventures

Top executives are exiting established general insurance firms to launch new entrepreneurial ventures. This trend is fueled by India's vast, under-penetrated insurance market and supportive regulatory reforms. Private equity firms are actively funding these new ventures, recognizing the immense investment potential. Experienced leaders bring crucial expertise, accelerating growth in this…

The Economic Times

Planning for Care If You Can No Longer Care for Yourself

Long-term care as you age is expensive and, for most of us, inevitable. Making arrangements now, while you can, is a gift to those you love.

Kiplinger

Travel insurance versus overseas student health cover: What Indian students need to know

Indian students studying in Australia must secure Overseas Student Health Cover (OSHC) for visa compliance and medical needs. While not mandatory, travel insurance is recommended for protection against lost belongings, trip disruptions, and medical emergencies during transit. Both are vital for a smooth academic journey.

The Economic Times

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Injured on Two Wheels? Know Your Rights After a San Antonio Motorcycle Crash

Victims of serious motorcycle accidents often find themselves faced with medical bills, lost wages, and pain and suffering, and not knowing what to expect in the future.

inkl

Health insurance company denies claim over father’s alleged alcohol history; son fights back and wins Rs 6 lakh

A software engineer's father's health insurance claim was denied by HDFC ERGO due to an alleged alcohol history. The insurer repudiated the claim despite hospital clarifications. The District Consumer Disputes Redressal Commission has directed HDFC ERGO to pay Rs 6 lakh with interest and ordered the hospital to pay Rs…

The Economic Times

How an Oklahoma Personal Injury Attorney Can Help Protect Your Future

Accidents are unpredictable incidents and can often lead to harm being done to the person affected, both physically and emotionally.

inkl

Acko hires Meta, Junglee Games executives to lead health, auto insurance businesses

The appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based company had confidentially filed draft papers for an IPO, which is expected to raise around $250 million.

The Economic Times

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Policybazaar founder warns of insurance squeeze; IT's buying spree

Happy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish Dahiya

Policybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturing license. Yashish Dahiya, the group chairman of PB Fintech, said the company has shared its concerns with the regulator about the potential impact of such caps on the industry, but added that there is…

The Economic Times

4 Things You Can Do If Your Home Insurance Is Canceled or Not Renewed

Here's how to understand your notice, switch coverage and protect your home after a policy nonrenewal or cancellation.

Kiplinger

Estate-Tax Thresholds Are Changing—What Couples Should Review

For many married couples, estate planning feels like something reserved for the ultra-wealthy. However, changing estate-tax thresholds are forcing more middle- and upper-income households to pay attention to how their assets are structured and protected. Federal estate tax exemptions have increased dramatically over the last several years, but many experts…

Dinks Finance

Billionaire Mark Cuban exposes American healthcare: Why one MRI costs $2,500 while another costs just $350

A simple question from billionaire entrepreneur and investor Mark Cuban has reignited debate about one of the most confusing aspects of the US healthcare system. In a discussion on X, Cuban challenged the logic behind insurers paying around $2,500 for an MRI scan when an independent imaging centre nearby might…

The Times of India

ACA Enrollment Fraud Now Tops 6 Million — And Taxpayers Are Footing a $27 Billion Bill

A sweeping new report released today confirms what critics of the Affordable Care Act have warned for years: millions of ineligible individuals are receiving federally subsidized health coverage, draining tens of billions in public funds through a system riddled with structural loopholes and almost no accountability.

Medical Daily

CMR Green raises Rs 188 crore in IPO anchor round; SBI MF, ICICI Pru MF among top investors

CMR Green Technologies raised Rs 188 crore from anchor investors before its IPO opening, attracting strong participation from mutual funds, insurers and global institutions. The robust demand underscores investor interest in sustainability-focused businesses and India's growing metal recycling and circular economy sector.

The Economic Times

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AAP

Markel International appoints Dan McCarthy as Managing Director of Marine, Energy and Construction

LONDON, June 2, 2026 /PRNewswire/ -- Markel Insurance, the insurance operation within Markel Group Inc. (NYSE: MKL), today announced the appointment of Dan McCarthy as Managing Director of its newly structured Marine, Energy and Construction division in its London Market business. The appointment forms part of Markel International's continued evolution…

The Economic Times

Extreme heat tests India's record milk production

India's booming dairy sector, a global leader, faces a significant threat from escalating heatwaves. Farmers like Neeraj Bharadwaj are witnessing premature births and reduced milk yields, forcing costly adaptations. While research into heat-resilient breeds and improved farm practices is underway, smallholders struggle to afford these changes, jeopardizing future milk supply…

The Economic Times

Should you buy OPD cover in health insurance? Over 40% of healthcare costs are paid out-of-pocket in India

OPD cover in health insurance addresses out-of-pocket expenses for doctor visits, diagnostics, and medicines without hospitalization. While beneficial for those with chronic conditions or frequent consultations, it may not be cost-effective for healthy individuals. Carefully review sub-limits and exclusions before purchasing.

The Economic Times

Generali Central Life Insurance aims to double business to Rs 2,000 cr in 3 years

Generali Central Life Insurance plans to double its business to Rs 2,000 crore in three years. The company will leverage its partnership with Central Bank of India and agency networks. New product launches are also planned. An AI-driven platform, Digital Smart Manager, will assist customers and advisors. The insurer recently…

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AAP

Ping An Launches "Ping An Home" Service Brand

HONG KONG and SHANGHAI, June 2, 2026 /PRNewswire/ -- As population aging accelerates and medical standards continue to advance, China is steadily entering an era of longevity. While life expectancy is increasing, improving quality of life has become a key concern for society at large. Against this backdrop, Ping An…

Barchart

How Is Chubb's Stock Performance Compared to Other Property & Casualty Insurance Stocks?

While Chubb has underperformed its industry peers recently, analysts remain moderately optimistic about the stock’s prospects.

The Economic Times

Coforge shares gain over 2% after unveiling agentic AI platform for insurance industry

Coforge's stock saw a boost following the launch of its "Nexa Agentic AI Platform," designed to enhance the global insurance industry. This innovative platform integrates AI capabilities over existing systems, aiming to accelerate product launches, improve underwriting efficiency, and streamline claims processing without requiring core system replacements.

The Economic Times

Wipro shares in focus on deal to acquire additional stake in Aggne Global for $28.5 million. Check details

Wipro is set to acquire an additional 20% stake in US-based insurtech company Aggne Global Inc for $28.5 million, increasing its ownership to 80%. This move aims to bolster Wipro's position in the insurance sector, particularly in AI-led transformation solutions for the P&C segment. The transaction is expected to conclude…

The Economic Times

Stocks in news: Ola Electric, Eicher Motors, Axis Bank, Anant Raj, Wipro

Markets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP issue, Eicher Motors reported a 15% sales rise, and Axis Bank increased its stake in Axis Max Life Insurance.

The Economic Times

Insurers racing to ‘AI-proof’ systems as IRDAI flags risks

Indian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven cyber threats. Traditional underwriting models may not be enough. New threats like AI-enabled phishing and deepfake fraud are evolving rapidly. Insurers are shifting to new risk assessment frameworks. This is a…

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