Month: April 2024

IndiaFirst Life Insurance Company Limited has introduced a novel offering -- IndiaFirst Life Guaranteed Single Premium Plan. This unique plan is designed to provide individuals with a seamless blend of…

Tata AIA Life Insurance, has launched Tata AIA Pro-Fit, an innovative and personalised health solution that caters to one's unique needs. This exceptional plan provides comprehensive coverage for one's medical…

In the dynamic world of insurance, the distribution landscape has witnessed significant changes over the years. While digital platforms and direct sales have gained prominence, it is crucial not to…

The world of insurance is a dynamic landscape, constantly evolving to meet new challenges and adapt to changing circumstances. Maritime fraud poses a significant challenge to the insurance industry. It's…

This circular is issued in exercise of powers conferred by Section 14 (2) (e) of the Insurance Regulatory and Development Authority Act,1999. Applicability: This circular shall be applicable to all…

IRDAI would like to bring to general notice that no registration has been granted to “Surety Seven” for undertaking Surety insurance business or solicitation of Surety insurance business. It has…

In a significant move aimed at promoting a favorable business environment and attracting more reinsurers to establish operations in India, the Insurance Regulatory and Development Authority of India (IRDAI) recently…

The Jammu and Kashmir & Ladakh High Court has ruled that an insurance company cannot be, as a matter of rule, asked to indemnify an employer for the interest and…

The Supreme Court held that the insurance company was liable to reimburse the claimant when he had duly placed on record the evidence of him paying the medical bills of…

The insurance industry is a vital component of any economy, providing stability, risk management, and financial security to individuals and businesses alike. In the dynamic South Asian region, there is…