Ref: IRDAI/RI/ORD/MISC/212/12/2018 Date: 31-12-2018 Re: Reconstitution of Reinsurance Advisory Committee As per provisions under Section 101B of the Insurance Act, 1938 the Authority hereby reconstitutes the Reinsurance Advisory Committee (RAC)…
The life insurance industry is getting readying to launch a Rs 100-crore multimedia campaign aimed at spreading awareness around life insurance and removing misconceptions around the products. Several life insurers,…
IRDAI has recently notified draft product guidelines to review and standardise the 2013 regulations on linked and non-linked insurance products. The new draft proposals will make the exit route easier…
The West Bengal Clinical Establishment Regulatory Commission (WBCERC) has directed CMRI to pay Rs 10 lakh as compensation to the father of a newborn who had died after a series…
Aegon Life insurance has announced the launch of their new digital only insurance product POS Grip, a guaranteed return insurance plan. Highlighting the insurance company’s outlook of 2019 and growth…
From January 1, policyholders will not have to purchase separate compulsory personal accident (CPA) cover for each new vehicle they buy, as per a notification issued by IRDAI. Currently, a…
State Bank of India recently approved the sale of 4 per cent stake in SBI General Insurance for Rs 482 crore to two alternative investment funds (AIFs). The executive committee…
While the life insurance sector grew 6% on individual annualised premium equivalent (APE) basis, Aditya Birla Sun Life Insurance individual APE of ABSL between April and November 2018 was up…
IRDAI has not yet fixed a uniform price point for selling three-year, third-party insurance covers for vehicles used as cabs. This may result in hampering the taxi sale across India.…