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News and developments

Insurance

AI in the Indian Insurance Market: Regulatory Preparedness

Introduction For some time now, there has been a growing impetus towards establishing a clear regulatory approach and governance mechanism for artificial intelligence in India (AI).
14 April 2025
Finance

New Era in Indian Insurance: An Overview of the 2024 Amendment Bill

Introduction Following a review of the insurance legislative framework in India by the Finance Ministry,
20 January 2025
insurance

ESG in Insurance Sector in India

Introduction The IRDAI has recently introduced new regulations that significantly impact the way insurance companies operate in India.
04 September 2024

Collateralized Reinsurance in India: Draft Guidelines

Introduction The Indian insurance sector has seen significant changes in recent years, driven by a number of varied regulatory reforms aimed at enhancing business ease as well as increasing insurance penetration in India.
24 April 2024

Development of the Insurance Landscape in GIFT City India

Introduction In April 2015, the Gujarat International Finance Tec-City, popularly known as “GIFT City”,
22 April 2024

IMPACT OF THE DIGITAL PERSONAL DATA PROTECTION ACT 2023 ON THE INDIAN INSURANCE SECTOR

Introduction On 11 August 2023, India’s Central Government announced the country’s first comprehensive data protection and privacy legislation, known as the Digital Personal Data Protection Act 2023 (“DPDP Act”).
22 April 2024
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