Insurance Year-Ender 2025: Growth, regulation, and the road ahead

As 2025 draws to a close, the insurance industry stands at an important inflection point. In this special bl Year-ender podcast , businessline’s Nagar Sridhar speaks with Naveen Chandra Jha, MD & CEO of SBI General Insurance, to decode the key trends shaping India’s general insurance landscape. From expectations of 9–10% industry growth and the rising dominance of health insurance, to upcoming regulatory shifts like IFRS 17 and risk-based capital, Jha shares an insider’s perspective on what lies ahead. The conversation also dives into pressing challenges such as climate risks, cyber threats, underinsurance, and the need for innovative protection products.