According to Naveen Chandra Jha, chief executive of SBI General Insurance, “2025 has highlighted the resilience of the general insurance industry, despite regulatory changes and base-related adjustments. Echoing similarly Tarun Chugh, chief executive of Bajaj Life Insurance, said, “the reforms introduced in 2025 mark an important phase for the life insurance sector. They bring together regulatory intent, customer centricity and long-term industry development. Greater digital adoption, sharper focus on long-term protection, more personalised solutions and continued policy clarity will help expand coverage across the country. Sandeep Dadia, chief executive of insurance brokerage Lockton India, the outgoing 2025 brought greater clarity to the evolving risk landscape facing the insurance industry.

Source: Indian Express December 27, 2025 12:17 UTC