Friday, 24 July 2026 · World
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EUROS The World Financial Report
Nº 13 Friday, 24 July 2026 · World Edition
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Regulator warns insurers against deep discounts on fire risk cover

Markets-Economic Times · 6h ago · 🇮🇳 India
Regulator warns insurers against deep discounts on fire risk cover

The insurance regulator has flagged aggressive underpricing in fire insurance, with discounts of up to 99% on large industrial risks, warning it could hurt insurers’ financial health and underwriting discipline. Fire insurance premiums fell sharply in Q1 FY27 to ₹8,087 crore from ₹11,206 crore a year ago, after strong growth in FY26.

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