25
Aug
New Delhi [India], August 25: India’s life insurance industry has entered FY 2026-27 with numbers that would have seemed improbable a decade ago. New business premiums touched ₹4.60 lakh crore in FY26, growing 16% over the previous year according to IRDAI data, and since 22 September 2025 individual life insurance premiums carry no GST at all. For the 27 licensed insurers competing in this market, and for households deciding which of them to trust, the disclosures published under the Insurance Regulatory and Development Authority of India (IRDAI) norms now offer an unusually clear basis for comparison. This guide ranks the…
