India recorded sharper reductions across major lines, particularly in property and cyber insurance, reflecting strong re-insurer support and evolving risk dynamics.
The framework, released on February 6, 2026, replaces the existing flat premium rate of 12 paise per Rs 100 of assessable deposits (AD) with a differential pricing structure.
Insurance giant posts double-digit income growth, but regulatory penalties and governance failures are dragging down its largest subsidiary ...