Ideal Times - January Edition

Ideal Times - January Edition

As the insurance landscape is evolving rapidly, with key developments setting the stage for transformative growth in 2025. Here are the highlights from the latest trends and updates in the industry :

The Major Industry Highlights were :        

  1. GST Cuts Proposed for Health and Term Insurance
  2. Composite Licenses for Private Insurers
  3. Life Insurance Premiums Decline
  4. GST Decision Deferred
  5. LIC Launches ‘Bima Sakhi Yojana’
  6. PNB MetLife Profits Rise
  7. Insurance for Ayush Treatments
  8. Max Life Rebrands to Axis Max Life

Insurance Industry Trends to Watch Out for in 2025        

The insurance industry is undergoing significant transformation, driven by technology, sustainability, and shifting customer expectations. Here are the key trends to monitor in 2025:

1. Digital Transformation to Enhance Customer Experience

2. Growth in Home and Cyber Insurance

3. Focus on Climate Risks and Sustainability

4. Talent Acquisition and Upskilling

5. Increase in Premium Costs

6. Embedded Insurance: A Game-Changer



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Kasturii Bannerjee ??????

Executive Assistant || Adminstrator || Admin || Back-End || BDM || Content Writer || Freelancer || Print on Demand Service provider || Graphic Designer

1 个月

Insightful!

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Ankita Rathi

Senior Executive at Ideal Insurance Brokers Pvt. Ltd.

1 个月

Very informative

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Sriparna Roy

Deputy Manager - Commercial Product Underwriting at Ideal Insurance Brokers Pvt Ltd.

1 个月

Very helpful

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Abhishek Parmar

Assistant manager strategic Tie-up in Ideal Insurance Brokers Pvt Ltd

1 个月

Great advice

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Interesting

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