A report released by the World Health Organisation and the World Bank has shown that at least half of the world’s population cannot obtain essential health services. The report Tracking…
The Securities Appellate Tribunal has quashed the directives of IRDAI asking ICICI Prudential to take over the life insurance business of the Sahara group and asked the regulator to pass…
IRDAI has directed general insurers to ensure easy availability of third party motor insurance cover to vehicle owners, to help states in implementing the Supreme Court order on road safety.…
Reliance Industries has bought one of the largest petrochemical policies in the world with an insurance cover in excess of Rs 3 lakh crore for its refinery and petrochemical plants…
The total number of life insurance policies sold in India fell in 2016-17 as compared to the previous year but the total coverage increased 14% in value. The total number…
IRDAI has paved the way for setting up of IFSC (International Financial Services Centre) Insurance Offices (IIOs). With this, the IRDAI has put in place the process of registration and…
CONCEPTS TOOL S STRATEGIES AND IMPLEMENTATION INTRODUCTION RISK is present everywhere and derives from the term “unpredictability”. When life itself is uncertain, nothing else in life can be certain and…
Medical insurance premiums could get more tax breaks, as the finance ministry has asked for suggestions from General Insurance Council. The government is planning to offer more exemption, as health…
Life Insurance Corporation continues to maintain its lead ahead of private life companies in paying out claims with a settlement ratio of 98.31% for FY 2017. Private life insurers also…
Modification of Annexure – 24 of Circular Ref. No: IRDA/TPA/REG/CIR/059/03/2016 dated 28th March, 2016 Reference is invited to the provisions of ‘Annexure – 24’ of Authority’s circular Ref. No: IRDA/TPA/REG/CIR/059/03/2016 dated…