India’s insured population jumps to nearly 40 crore in a decade: report

December 22, 2025 7:58 PM

India’s insured population jumps to nearly 40 crore in a decade: report

India’s life insurance coverage has expanded sharply over the past decade, with the number of insured individuals rising from around 15 crore in FY15 to nearly 40 crore in FY25, driven largely by the rapid growth of group and credit-linked insurance products, a report said on Monday. The expansion reflects the sustained growth of India’s life insurance sector, which has recorded a compound annual growth rate (CAGR) of about 13 per cent over the last 20 years, according to a report by CareEd...

India’s life-insurance sector makes a strong rebound in Nov, LIC leads

December 12, 2025 12:58 PM

India’s life-insurance sector makes a strong rebound in Nov, LIC leads

India’s life-insurance sector made a strong rebound in November, with new-business premiums increasing by 23 per cent year-on-year to Rs 31,119.6 crore, according to a new report. The life-insurance industry continued its streak of double-digit monthly growth for the third consecutive month. The rebound was driven by a surge in individual non-single policies and robust performance across both individual and group segments. A favourable base effect and a smoother adjustment following the GST ...

India–UK Trade Deal to Spur 15 % Annual Growth Through 2030, Says CareEdge

May 16, 2025 10:59 AM

India–UK Trade Deal to Spur 15 % Annual Growth Through 2030, Says CareEdge

The bilateral trade between India and the United Kingdom is expected to grow by about 15 per cent a year until 2030, on the assumption that the recently concluded free-trade agreement (FTA) will take effect within the next twelve months, according to a report released on Friday. The accord, finalised on 6 May after nearly three years of negotiations, presents a strategic opportunity for Indian companies to deepen their presence in the British market, stimulate domestic manufacturing and drive...