India

India's largest life insurer told exchanges on October 12 it will put an annuity plan and two health protection plans on sale on October 19; here is what has been reported and what buyers should verify.

India's insurance regulator has proposed product-level commission ceilings and lower expense-of-management limits, a draft that could reshape how banks, brokers and agents sell policies; feedback closes October 25.

India's central bank raised its policy rate by 25 basis points in a unanimous vote, its first hike since February 2023, citing inflation risks from oil near $100, a deficient monsoon and a weaker rupee.

Prudential HCL Health Insurance received its IRDAI registration on July 1 and announced on August 20 that it has begun operations with an AI-enabled, direct-to-consumer model alongside agents.