Ultra-long bonds: Centre mulls strategy to deepen insurance market

The move, being mulled by the Union finance ministry with the help of the Reserve Bank of India (RBI), would also help the government nudge the industry towards its target of insurance for all by 2047, these people said on the condition of anonymity. For insurers, investing in these 50-year on-tap bonds would provide them … Read more

Economy Survey 2025: Global average, lower insurance coverage than notable interval

This interval in insurance coverage presents an opportunity for the insurers. They can expand their access to Tier-II and Tier-III cities and rural areas with low awareness and access. “Insurance density in India is relatively lower than global standards. New distribution models can provide facility to include at least customers, which have already been covered … Read more