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Introduction: The New Wave in Insurance Sector in India India’s insurance sector, long regarded as conservative and heavily regulated, is now in the eye of a transformative storm. The Union Budget 2025, with its historic proposal to raise FDI limits to 100% and the introduction of composite licenses, signals the dawn of a new competitive…
Introduction The Indian insurance sector is witnessing a historic evolution, driven by new business models and digital innovation. Leading this transformation in September 2025 is the high-profile partnership between RBL Bank and the Life Insurance Corporation of India (LIC), signaling a significant leap in the growth and outreach of bancassurance. With over 3,600 LIC branches…
GST on Insurance slashed to 0% on Life and Health Insurance—A Game-Changer for Indian Families in 2025 2025 has been a year of financial transformation for India’s booming insurance sector. The latest reforms rolled out by the GST Council have eliminated GST on all retail life and health insurance policies effective September 22, 2025. For…