The insurance industry anticipates a growth resurgence in 2026, driven by a recent GST rate cut and the passage of the Insurance Amendment Bill. This GST relief has made life insurance, particularly term insurance, more affordable, boosting demand and renewals. Industry leaders expect this trend to accelerate market penetration and lead to more integrated financial solutions. Health insurance, a significant portion of non-life premiums, is also expected to see growth, alongside non-traditional insurance segments.