Market pulse › Insurance
Insurance
Today25 stories · 26 articles
Net tone● +4% today
Market checkInsurance +0.39%
Developing4 storylines
Insurance in three lines
- IRDAI’s proposed caps on insurance distribution costs face pushback
- Star Health’s policy base rose 11% after individual health insurance premiums were exempted from GST
- IRDAI proposed commission caps, tighter expense limits and stronger safeguards against mis-selling
123 Sept
4224 Sept
5025 Sept
2026 Sept
2127 Sept
1728 Sept
Broker call▲ bullishJefferies names Max Financial as its top insurance pick, sees 41% upside despite target cutJefferies names Max Financial its top life-insurance pick and retains a Buy ratingMax Financial ServicesLife insuranceJefferies
Policy● mixedIRDAI reforms push insurance distributors to explore new revenue streams: NomuraIRDAIInsurance distributionLife insurance
Broker call● mixedA $4 billion fund manager is going against the market on insurance stocksBajaj Asset Management is repositioning its portfolio around insurance stocksCrude oilAIMutual funds
Policy▼ bearishBig insurers, bigger advantage? Smaller players flag Irdai’s new expense capsSmaller insurers worry proposed distribution reforms may favour larger playersIRDAIInsurance distributionLife insurance
Market move▼ bearishTrouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?Insurance stocks including PB Fintech, ICICI Lombard, HDFC Life and SBI Life faced selling pressureTurtlemintPB FintechICICI Lombard
Broker call● mixedPB Fintech: Ambit sees IRDAI commission hit even as BofA raises target pricePB FintechIRDAIInsurance distribution
Legal● mixedWidow wins case over rejected life insurance claim — Insurer to pay Rs 1 croreLife insurance
Policy● mixedMint explainer: can a new digital portal change how India insures its livestock?The portal aims to bring livestock policy issuance, claims and monitoring onto one platformInsurance distributionThe New India AssuranceIRDAI
Broker call▲ bullishSBI Life Or LIC? JPMorgan Bets On Low-Cost Insurers Amid IRDAI's Distribution Reset: Top PicksJPMorgan ranks SBI Life first among listed insurer picks amid IRDAI distribution resetSBI Life InsuranceInsurance distributionIRDAI
Policy● mixedIRDAI’s proposed distribution reforms can drive a mutual fund-like transformation in insurance, as SEBI did in 2009, says Kamesh Goyal, Go Digit chairmanIRDAIInsurance distributionHealth insurance
Policy● mixedAll isn’t well with India's insurance sector: Irdai's proposals could address what ails itIRDAIInsurance distributionGeneral Insurance Corporation of India
● mixeda16z’s Raghu Raghuram on India’s AI potential; insurance cos navigate new proposala16z’s Raghu Raghuram said India can build frontier AI companies using its talentAIBrahma AISarvam AI
● mixedCashless health insurance claims: What policyholders can do when hospitals and insurers clash over bills, approvals, and deductionsHealth insuranceHospitals
Policy● mixedIRDAI commission caps put insurance distributors' renewal income in focusIRDAIInsurance distribution
Policy● mixedInsurance mis-selling is arising because upfront commissions are too high: IRDAI chairman Ajay SethIRDAI chairman Ajay Seth said high upfront commissions contribute to insurance mis-sellingIRDAIAjay SethInsurance distribution
Policy● mixedInsurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAIIRDAI Chairman Ajay Seth said excessive upfront commissions are driving insurance mis-sellingIRDAIInsurance distributionLife insurance
Policy● mixedIRDAI faces pushback over proposed caps on insurance distribution costs, impacting fintech and insurer stocksIRDAIInsurance distributionFintech and payments
Policy● mixedContaining costsIRDAI proposals are expected to help reduce mis-sellingIRDAIInput costs
Policy▲ bullishAfter GST exemption, retail policy base rises 11% for Star HealthStar Health reported an 11% rise in its policy base after individual health insurance premiums were exempted from GSTStar Health and Allied InsuranceHealth insuranceGST
Data● mixedCompanies offering healthcare benefits see 13% drop in chronic claims, says reportCompanies offering healthcare benefits saw a 13% drop in chronic claimsPharma and healthcareHealth insuranceStar Health and Allied Insurance
Policy● mixedIrdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?IRDAI proposed commission caps, tighter expense limits and stronger safeguards against mis-sellingIRDAIInsurance distribution
Policy● mixedHigh motor insurance commissions | IRDAI calls for more transparency - Team-BHPInsurance distributionIRDAIHealth insurance
● mixedBuying a car for ₹10-15 lakh? Here’s what buyers should check before choosing a new lower-end or used higher-end modelA ₹10-15 lakh budget can buy a new lower-end car or a pre-owned higher-end modelCars and SUVsAutos
● mixedFinancial foundation: Why insurance and emergency funds must precede stocksSecure income and emergency reserves before investing in stocksHealth insurance
Leadership● mixedLIC left with two serving MDs as Dinesh Pant joins Irdai as actuary memberDinesh Pant was appointed IRDAI whole-time director, actuary, leaving LIC with two serving managing directorsDinesh PantIRDAILIC
Policy● mixedWill your insurance premium get cheaper? Here’s what IRDAI’s proposed reforms could changeProposed IRDAI distribution reforms could lower insurers’ operating and distribution costs, putting downward pressure on premiumsIRDAIInsurance distributionHealth insurance
Expansion● mixedBharat Maritime Insurance PoolGeneral Insurance Corporation of IndiaThe New India Assurance
Policy● mixedInsurance brokers body to engage IRDAI soon over proposed distribution reformsInsurance distributionIRDAI
● mixedHealth insurance wellness rewards: Should you share your fitness tracker data with your insurer? Know the privacy risksSome health-insurance wellness programmes reward exercise but require policyholders to share dataHealth insuranceIRDAI
Policy● mixedIRDAI’s proposed reforms will push adoption, make insurance buying more consumer-friendly, says chairman Ajay SethIRDAIInsurance distribution
Policy● mixedInsurance reforms aim to cut costs, widen access: IRDAI chairman Ajay SethIRDAIInsurance distributionHealth insurance
Policy● mixedInsurance commission cuts: Will lower payouts make policies cheaper—or simply hurt distributors?IRDAI’s proposed commission caps could significantly reduce payouts to agents, brokers and other distributorsInsurance distributionIRDAI
▼ bearishInsurance commissions vs premiums: Why distributor payouts are rising much fasterLife corporate agents’ premiums grew 28%, while distribution remuneration rose 125%Insurance distributionGeneral Insurance Corporation of IndiaHealth insurance
Policy● mixedIRDAI's new insurance rules proposal: Profits built on tears of policyholders are bad for country, says Monika HalanIRDAIInsurance distribution
Market move▼ bearishShould you buy PB Fintech, Turtlemint after nearly 40% crash in two days?Seven of 11 listed insurance companies fell 1-8%PB FintechTurtlemintIRDAI
Policy● mixedA much-needed course correctionIRDAI consultation paper signals intent to overhaul insurance distributionIRDAIInsurance distribution
Market move▼ bearishNew-Age Tech Stocks: Insurtech Sell-Off Drags Combined M-Cap Down By $3.6 Bn This WeekNew-age tech stocks’ combined market capitalisation fell $3.6 billion this weekPB FintechTurtlemintIRDAI
Market move● mixedMovers & Shakers: Stocks that will see action this weekCharts flag ICICI Lombard, Oberoi Realty and Swiggy for potential action this weekICICI LombardOberoi RealtySwiggy
Policy● mixedInsurance commissions grew up to 6 times faster than premiums: What IRDAI wants to changeIRDAI’s proposed overhaul targets insurance commissions that grew up to 6 times faster than premiumsIRDAIInsurance distributionHealth insurance
● mixedMany homeowners have a big insurance coverage gap — and don't even know itHomeowners may have insurance coverage gaps, leaving them financially exposedInsurance distribution
● mixedHow much are your banks dependent on insurance commissions?Insurance commissions are a significant source of fee income for some Indian banksInsurance distributionBanksPSU banks
● mixedInsurance Query: Here is what a first-time health cover buyer can doThe report outlines best practices for first-time health insurance buyersHealth insurance
● mixedWorld Tourism Day: From travel insurance to hotel refunds, what to know when plans changeHotels and travelAviation
Policy● mixedIRDAI’s new insurance distribution model: IDE vs IDP explained, and what it means for policyholdersIRDAI proposed a two-tier insurance distribution architecture for distributorsIRDAIInsurance distribution
Legal● mixedCar catches fire after late-night puncture; 14 yrs later, insurer ordered to pay Rs 70 lakhCars and SUVs
● mixedAI is shopping for you now. What does that mean for ecommerce in India?AI agents could handle consumers’ shopping decisions and transactionsAIE-commerceHotels and travel
Market move● mixedMarkets Espresso: Who insures the insurers? Meet the market Pied PiperInsurance stocks were damaged over Thursday and Friday; the report links the market's focus to oilCrude oilMarket valuationsGlobal markets
● mixedIs dealer-provided new car insurance actually convenient during claims for repairs or damages? Here's what expert saysCars and SUVsInsurance distribution
▼ bearishWhat Policybazaar’s Rs 34,000 crore wipeout reveals about the ills of insurancePB FintechInsurance distributionLife insurance
IPO● mixedBlackstone-backed insurance underwriter The Fidelis Partnership files for US IPOBlackstone
Market move▼ bearishNifty logs longest weekly losing streak since Covid-19 crash in 2020Brent crude plunged 11% for the week as 10-year bond yields hardenedNifty and SensexCrude oilG-secs
Policy▼ bearishBanks may rejig insurance sales as Irdai proposes sharp commission cutsIRDAI has proposed sharp cuts to insurance commissionsIRDAIInsurance distributionBanks
Policy▼ bearishIrdai's proposed commission cuts threaten PB Fintech's online economicsProposed commission cuts could reduce PB Fintech’s core online insurance revenue by nearly 30%PB FintechIRDAIInsurance distribution
● mixedYour parents had FDs and pensions. You have SIPs and NPS. Who has the safer retirement?Mutual fundsLife insuranceETFs
Policy▼ bearishInsurance stocks slide for 2nd day following IRDAI proposal to cap commissionsIRDAIMarket valuations
Policy● mixedNPS Swasthya from 1 October: What you need to know about the new pension option and health coverNPS Swasthya combines retirement savings with healthcare benefits and mandatory super top-up health insuranceHealth insurancePharma and healthcare
Policy● mixedIndia Seeks to Revive Insurance Growth by Slashing Steep CommissionsInsurance distributionIRDAI
Policy● mixedInsurers seek phased rollout of commission reforms, scale-based EoM capsIRDAIInsurance distributionLife insurance
Leadership● mixedDinesh Pant and Girija Subramanian appointed as IRDAI membersLIC managing director Dinesh Pant stepped down after the government approved his voluntary retirementDinesh PantIRDAILIC
Market move● mixedInfo Edge loses Rs 4,100 crore in PB Fintech after IRDAI shock: Here's why stock's under pressurePB FintechInfo EdgeIRDAI
Policy● mixedIRDAI’s insurance distribution reforms: What changes for insurers, brokers, customersIRDAIInsurance distributionLife insurance
Broker call● mixedMarkets may consolidate for a year; current large-cap valuations reasonable: Bandhan AMC's Karthik KumarBandhan AMC’s Karthik Kumar said markets may consolidate for a year and large-cap valuations are reasonableMarket valuationsBanksMutual funds
Policy▼ bearishIRDAI commission proposal could cut PB Fintech revenue by 30% by FY28, says analystProposed IRDAI commission changes could cut PB Fintech revenue by 30% by FY28PB FintechIRDAIInsurance distribution
Leadership● mixedGovernment approves LIC managing director Dinesh Pant’s voluntary retirementDinesh Pant’s retirement took effect on September 24, 2026LICLife insuranceIRDAI
● mixedLoan with insurance: Does lower rate save money?Health insuranceInsurance distributionUnsecured loans
Policy● mixedMore consumer-friendly insurance? Regulator targets costs, missellingIRDAI proposes lower expense limits and tighter commission capsIRDAIInsurance distributionHealth insurance
Policy● mixedPB Fintech to SBI Life: Kotak lists out impact of IRDAI rules for insurers, NBFCsIRDAINBFCsPB Fintech
Policy▼ bearishTurtlemint Crashes Another 20%, PB Fintech Falls 8% On IRDAI’s Proposed Commission CapsTurtlemint fell another 20%; PB Fintech dropped 8% amid proposed IRDAI commission capsPB FintechIRDAIInsurance distribution
Policy● mixedAs IRDAI proposes commission caps, 7 in 10 buyers back curbs; 8 in 10 want upfront disclosure: SurveyIRDAI
Broker call● mixedIRDAI draft consultation paper: SBI Life 'Buy' best placed as EOM caps tighten, says NomuraSBI Life InsuranceIRDAILife insurance
Policy● mixedIRDAI proposal: Niva Bupa 'Buy' comfortable with EOM cap, PB Fintech 'Neutral' weighs business changesIRDAINiva BupaPB Fintech
Policy● mixedIRDAI's new distribution paper pushes insurance industry from volume to value, says PwC's Amit RoyIRDAI’s new distribution paper is pushing insurance from a volume-based to a value-based modelIRDAIInsurance distribution
Market move▼ bearishOil, US yield surge, insurance shake-up spur Nifty, Sensex market sell-offFinancial services bore the brunt of the market sell-offNifty and SensexCrude oilMarket valuations
Broker call● mixedSBI Life, Max Fin, HDFC Life, LIC share price targets: IRDAI may need to revisit proposed cap, says SystematixSBI Life InsuranceHDFC Life InsuranceLIC
Market move● mixedNot just PB Fintech, this smallcap stock fell 40% in two days on IRDAI proposalsIRDAIPB FintechSmall and midcaps
Policy▼ bearishPower shifts from brokers to insurers as IRDAI tightens commission rules, says Motilal Oswal's Nitin AggarwalIRDAI's proposed commission cuts triggered a selloff in insurer, bank and distributor stocksIRDAIInsurance distributionPB Fintech
Policy▲ bullishSBI Life, LIC face least impact from new commission caps by IRDAI, says Harshal MehtaSBI Life and LIC face the least impact from IRDAI's commission capsSBI Life InsuranceLICIRDAI
Policy▼ bearishPB Fintech faces up to 46% earnings risk from Irdai's draft rules: AnalystsJefferies sees up to 46% earnings risk for PB Fintech from IRDAI's draft rulesPB FintechIRDAIInsurance distribution
Policy● mixedIRDAI’s EoM reset: LIC, SBI Life Insurance, New India Assurance within proposed caps; private insurers face wider gapIRDAILICSBI Life Insurance
Market move▼ bearishPB Fintech extends losses, falls another 5%; key concall takeaways, how insurance stocks are faringPB FintechInsurance distributionFintech and payments
Policy● mixedIRDAI's proposed commission cuts may disrupt insurance business models: EmkayIRDAIInsurance distributionLife insurance
Market move▲ bullishICICI Lombard General Insurance among 3 stocks showing White Marubozu PatternThree stocks with market capitalisation above Rs 10,000 crore featured in StockEdge’s White Marubozu scanner on September 24ICICI LombardHealth insurance
Policy● mixedLife insurers face earnings reset as IRDAI proposes to tighten expense caps, say analystsLife insuranceIRDAIInsurance distribution
Broker call▼ bearishAnalysts cut PB Fintech price targets amid insurance distribution concernsHSBC and Motilal Oswal cut price targets by nearly 50%PB FintechInsurance distributionFintech and payments
Broker call▲ bullishMotilal Oswal sees 31% upside in Niva Bupa after IRDAI draftMotilal Oswal’s target price for Niva Bupa is ₹100Niva BupaIRDAIHealth insurance
Market move● mixedOil prices at $105 | NBFC, Banks stocks remain in focus on insurance blow | Opening BellCrude oilNBFCsBanks
Policy● mixedIRDAI paper puts distributor economics through a wringerIRDAIInsurance distributionInput costs
Broker call▼ bearishIRDAI proposal risks 12% earnings hit at PB Fintech; Jefferies cuts target 25%Jefferies warns proposed IRDAI changes could cut earnings by 12%PB FintechIRDAIInsurance distribution
Market move▼ bearishStocks to watch: PB Fintech, MCX, NSE, Inox Green, Waaree Energies, Dr LalPB Fintech flagged potential pressure on general insurance revenue and agent commissionsPB FintechInsurance distributionHealth insurance
IPO● mixedThe Insurance Shuffle, Moneyview IPO Day 1 & MoreIRDAI has proposed a major overhaul of insurance technology sector normsIRDAIInsurance distributionMoneyview
Policy● mixedDeath certificate in India: How to register a death, documents required, 1 Oct rule changesA death certificate is essential for settling insurance, mutual funds, investments, property and tax mattersMutual fundsTaxesLife insurance
Policy● mixedIRDAI's commission reset impact; ETSA winner Progcap’s next betIRDAI overhaul plan could significantly affect the new-age insurance distribution industryIRDAIInsurance distribution
Policy● mixedIRDAI proposal to curb insurer expenses and commissions could aid policyholdersIRDAILife insuranceInsurance distribution
Policy● mixedMint Quick Edit | IRDAI's reform proposals could fix what’s broken and thus help insure more of IndiaIRDAI
Policy● mixedInsurance stocks crash as Irdai proposes tighter rulesIRDAIListing rulesMarket valuations
Policy● mixedInsurance commission revamp to push insurtech firms to the brinkInsurance distributionIRDAI
Policy● mixedInsurance commission caps: What happens to your policy when the seller earns less?Insurance distribution
Policy▼ bearishIrdai's fee cap proposal rattles distributors; insurance stocks tumbleIRDAI proposed commission caps could reduce distributor incomesIRDAIInsurance distributionBanks
Expansion● mixedLower commissions could push Policybazaar into insurance manufacturing: Yashish DahiyaPB Fintech is evaluating entry into insurance manufacturing as distribution commissions may fall significantlyPB FintechInsurance distributionManufacturing
Expansion● mixedPB Fintech may explore new business options after Irdai commission cutsPB FintechIRDAIInsurance distribution
● mixedHealth insurance: Sum insured, policy terms, evolving needs - all you need to know before policy renewalReviewing coverage, sum insured, healthcare needs and premiums can help maintain uninterrupted protectionHealth insurancePharma and healthcareInsurance distribution
Policy▼ bearishIrdai commission curbs spark sharp selloff in insurers, banks and NBFCsShares of insurers, banks and NBFCs dropped sharply after IRDAI proposed commission capsIRDAIInsurance distributionBanks
● mixedTerm insurance maths: Forget the 10x rule, here is what you actually need to avoid being underinsuredFamilies should assess the financial backing needed if the primary breadwinner's income vanishesLife insuranceInsurance distribution
Policy● mixedIRDAI moots changes to distribution, payout normsIRDAI proposes rewards beyond normal commission limits for sales in under-served areasIRDAIInsurance distribution
Market move● mixedSaudi oil export strategy hits new hurdle as Red Sea insurance costs soarSaudi ArabiaCrude oilShipping routes
Deal● mixedHDFC MF bets on PB Fintech, buys stake worth Rs 321 crore as IRDAI reforms trigger 36% stock routHDFC Mutual Fund bought 25 lakh PB Fintech shares for about ₹321 crore at ₹1,282.30 eachPB FintechIRDAIInsurance distribution
Policy● mixedInsurance sales in India about to leave a big footprintProposed framework could reward insurance distributors for sales quality and servicing
Policy▼ bearishPB Fintech forced to rethink business plan as India insurance commissions cap comes as a major shockerProposed insurance commission caps could severely impact PB Fintech’s revenuePB FintechInsurance distributionFintech and payments
Market move▼ bearishCrude surge, insurance reforms trigger 1.7% market slideIndian markets slid 1.7% amid crude surge and insurance reformsCrude oilBond yieldsMarket valuations
Policy● mixedProposed IRDAI distribution reforms could reshape insurance business modelsInsurance distributionIRDAILife insurance
Policy● mixedDecoding The Commission Caps That Sparked A Bloodbath In Insurance StocksCommission earned on every policy is central to insurance distributors’ business modelInsurance distribution
Policy▼ bearishInsurance distributors bleed as Irdai proposes sharp commission cutsPB Fintech plunged 36%; Turtlemint fell 20%PB FintechTurtlemintIRDAI
Policy● mixedNithin Kamath flags regulatory risk for broking and other financial businessesZerodha co-founder Nithin Kamath called **regulatory risk** the biggest threat to regulated financial businessesStockbrokersIRDAIInsurance distribution
Policy● mixedIRDAI's insurance distribution overhaul: What commission caps, dark patterns and MIIs mean for policyholdersIRDAI proposed tighter commission controls and changes to digital insurance sellingIRDAIInsurance distribution
Policy▼ bearishPB Fintech, Turtlemint hit hard as Irdai commission overhaul pressures business modelsPB FintechTurtlemintIRDAI
Market move▼ bearish[Update] PB Fintech Crashes 36%, Turtlemint 20% On IRDAI Commission Cap PlanPB Fintech shares fell 35.98% to ₹1,210 apiecePB FintechTurtlemintIRDAI
Market move▼ bearishPB Fintech Leads Slump in India Insurance Stocks on Fee Cap PlanPB FintechInsurance distributionMarket valuations
Policy● mixedSix key concerns in IRDAI's draft paper that spooked insurance industryIRDAIInsurance distribution
Policy▼ bearishWhy PB Fintech, HDFC Life, ICICI Pru, Max Financial stocks crashed after IRDAI reformBrokerage said PB Fintech would be most affected by proposed take-rate capsPB FintechIRDAIInsurance distribution
Policy▼ bearishCan IRDAI’s insurance reforms impact NBFCs? Jefferies warns L&T Finance, Piramal Finance, others are most exposedJefferies warned proposed insurance distribution reforms could pressure NBFC fee incomeInsurance distributionIRDAINBFCs
Policy▼ bearishIRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your moneyInsurance premiums may decrease if IRDAI implements proposed commission changesIRDAIInsurance distributionHealth insurance
▼ bearishPB Fintech shares plunge as IRDAI draft threatens a key customer-acquisition channelPB Fintech shares fell 34%; another report put the crash at 36%PB FintechIRDAIInsurance distribution
▼ bearishRising costs are squeezing life insurers’ profitability, McKinsey saysLife insuranceInsurance distributionInput costs
Legal▼ bearishCan banks recover loans from life insurance payouts? Allahabad HC weighs inAllahabad High Court asked SBI to refund ₹17.29 lakh deducted from a widow’s account for her deceased husband’s loanSBIBanksPSU banks
Policy● mixedWant insurance cover on your loan? IRDAI proposes new rules for lenders bundling the two; details hereIRDAI proposed rules aimed at giving borrowers clearer choices on insurance bundled with loansIRDAIInsurance distributionBanks
● mixedNew luxury car or a pre-owned one? Here’s what depreciation, maintenance and financing mean for your walletLuxury-car buyers should weigh depreciation, loan interest and insurance alongside the purchase priceCars and SUVsAutosUnsecured loans
Policy▼ bearishIRDAI commission caps may cut insurance income at banks and NBFCsProposed commission caps and bundling restrictions could pressure lender earningsIRDAIInsurance distributionBanks
Policy▼ bearishPB Fintech flags revenue risks from IRDAI proposal after shares plungePB Fintech shares plunged 36% after IRDAI proposed changes to insurance distribution economicsPB FintechIRDAIInsurance distribution