26
Jun
India's insurance market is becoming increasingly competitive, enabling businesses to secure broader coverage, higher policy limits and more favourable terms as insurers and reinsurers expand capacity, according to a new report released by Aon. The findings, part of Aon's 2026 Global Insurance Market Insights report, indicate that recent regulatory reforms, including higher foreign direct investment limits and relaxed governance requirements, are attracting more international insurers and reinsurers to the country. The influx of new players and increased reinsurance capacity have intensified competition, resulting in price reductions across several insurance segments. According to the report, insurers have implemented double-digit pricing cuts…
