Month: July 2018

Reinsurance companies may be allowed to invest in Overseas Sovereign Bonds to reduce the risk of their global portfolio, and to promote the country as a major reinsurance hub that…

The prestigious 3rd Annual Insurance India Summit & Awards 2018, with the theme “BlockChain, AI & IoT – The Future of Smart Insurance Industry” provided a platform for industry stake…

Against the directive of the Ministry of Road Transport and Highways, the General Insurance Companies have expressed reservatons, to provide third party insurance cover only to vehicles which possess valid…

TATA AIA Life Insurance Company Ltd is planning to deploy humanoid robots as part of its efforts to simplify the customer interface process and solve simple queries of customers, a…

Iran wishes for “permanent authorisation” from India for its two local insurance companies in order to enable Iranian ships with Iranian insurance cover to call at Indian ports to help…

IndiaFirst Life Insurance Company Ltd has entered into a tie-up with Oxigen Services India Pvt Ltd to establish distribution of its insurance products at Oxigen retail outlets. Through this tie-up,…

The IRDAI has asked all companies to issue long-term policies for two wheelers and cars, as a concern for vehicles plying on roads without having third party insurance. All general…

Industry experts believe that demand for e-cars would grow in forthcoming years due to rising consumer awareness and stricter emission norms. Auto companies have also taken electric vehicles seriously with…

SBI General (SBI-G) insurance company plans to introduce an ‘inherent defects’ insurance policy for real estate developers. HDFC Ergo launched their similar product last November. As per the Real Estate Regulation…

“All that’s bright must fade – The brightest still the fleetest; All that’s sweet was made But to be lost when sweetest.” _ Thomas Moore The advancement of technology, the…