India’s consumer dispute redressal system is coming under mounting pressure, with the insurance sector emerging as the single largest contributor to grievances, reflecting deeper structural issues in claims processing and customer servicing. Recent government consumer redressal data shows that insurance accounts for nearly a quarter of all consumer cases across forums, underscoring its growing role in shaping the country’s dispute landscape even as overall pendency continues to rise sharply

Looking beyond the ongoing West Asia crisis,which has severely paralysed global maritime trade and as a permanent measure,the Government and the Indian general insurers, led by state owned GIC Re and the general insurers have stitched up a $100 million(around Rs 940 crore) Bharat Marine Pool,that would manage the war risk for vessels. The purpose of the new pool,with a substantial capacity,is to provide a permanent platform, which can provide covers with cheaper premiums and reduce dependence on overseas reinsurance capacity, which are either not available or available with unaffordable cost,the time of war-time emergencies

Lto R- P.K. Prajapati, director, All India Institute of Ayurveda, S Prakash, CEO, Health, GI Council, Vaidya Rajesh Kotecha,secretary, Ministry of Ayush,Prataprao Jadhav, Minister of State (Independent Charge), Ministry of Ayush,Bejon K. Misra, executive committee member of the General Insurance Council, Kasturi Sengupta, secretary general, GI Council at the MoU exchange event

The Health vertical at GI Council is a newly formed and ambitious initiative designed to drive structural transformation across India's health insurance landscape. Recognizing the fragmented nature of the current ecosystem — marked by inconsistent processes, administrative redundancies, and limited stakeholder alignment — this vertical has been established with a clear mandate.