#insurance-industry
Why insurance industry needs a distribution revolution, not just a digital one
India’s insurance industry has become faster and more digital, but low penetration shows trust—not access—remains the biggest challenge for meaningful financial protection.
Link insurer CEO salaries to customer outcomes: Irdai
IRDAI, the insurance oversight body, is championing a revolutionary change by connecting CEO salaries to the happiness of customers, moving beyond traditional profit-centric models. This shift will likely introduce new guidelines governing executive pay and i…
Health insurance share rises to 41% of non-life industry in FY26
Health insurance strengthened its position as the largest segment in India’s non-life insurance industry in FY26, with its share rising to 40.8% from 38.6% a year earlier. The segment grew 15.4% to about Rs 1.4 lakh crore, outpacing the overall non-life indus…
Berkshire Selects Gen Re’s Shamieh to Succeed Jain as Insurance Chief, WSJ Reports
Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shamieh, a veteran of the insurance industry, is set to …