A report by Allied Market Research forecasts the global commercial auto insurance market to grow from $160.4 billion in 2023 to $390.5 billion by 2033, at a compound annual growth rate (CAGR) of 9.1%. Growth is driven by expanding vehicle fleets in logistics, e-commerce, construction, and ride-sharing, as well as advancements in telematics and usage-based insurance (UBI). The broker distribution channel and third-party liability coverage remain dominant, with light commercial vehicles leading by vehicle type. North America holds the largest market share due to high vehicle concentration, strict regulations, and strong insurance infrastructure. Key players include Aviva, AXA, Chubb Limited, WTW, Berkshire Hathaway, Allianz, Zurich, Liberty Mutual, AIG, Progressive, The Hartford, Farmers, Nationwide, Allstate, The Travelers, New India Assurance, HDFC ERGO, Tata AIG, and State Farm, which are adopting strategies such as product launches, collaborations, and expansions to strengthen their market positions.

The Central Bank of India has launched a new insurance policy in collaboration with Tata AIG General Insurance Company Limited to mitigate credit risk for MSMEs and financiers using the Trade Receivables Discounting System (TReDS). The policy provides coverage against buyer defaults, including corporate and government entities, and strengthens the digital credit ecosystem by enhancing trust and liquidity for small and medium enterprises.

The Central Bank of India has launched the TReDS Insurance Policy in collaboration with Tata AIG General Insurance Company Limited to mitigate credit risk for MSMEs and financiers using the Trade Receivables Discounting System (TReDS). The policy provides coverage against buyer defaults, including corporate and government entities, and strengthens the digital credit ecosystem by enhancing trust and financial inclusion in supply chain finance.

Indian health insurers face challenges due to rising medical costs and claims, with increased loss ratios despite premium hikes. Medical inflation at 14% and a 10% premium cap for seniors exacerbate financial strains, with the health segment dominating the general insurance industry.

ICICI Prudential Life Insurance Company allocated 39,800 equity shares (face value Rs 10 each) under its 2005 Employees Stock Option Scheme (ESOS) and 12,667 equity shares (face value Rs 10 each) under its 2023 Employees Stock Unit Scheme on July 29, 2025.