Month: May 2024

The Floods in Sikkim have caused widespread loss to property (homes and businesses) and infrastructure. The Sector Regulator IRDAI issued instructions to all General Insurers and Standalone Health Insurance Companies…

FACTS OF THE CASE: Plaintiff is (beneficiary of the policy) and her husband late Moolchand insured himself with the defendant on 28-3-1972 for the sum of Rs. 25,000/- he also…

Facts Of The Case: Jamanadas died of jaundice on 4-11-1986 who had an insurance policy with appellants, one and half years after he died. This policy was taken on the…

Facts Of The Case:  Appellant and his wife Smt. Alka Bose took a mediclaim insurance policy from respondent on 14-12-1990. Thereafter appellant's wife fell ill and was admitted to hospital…

HDFC ERGO General Insurance Company, has launched suite of health insurance products and services. The company has launched key upgrades to its existing Optima Secure product, which also happens to…

Canara HSBC Life Insurance introduced a non-linked and non participating product Guaranteed Assured Income (GAIN) – a life insurance and savings plan designed to give financial stability and security to…

In the world of insurance, trust is the bedrock upon which the entire structure rests. Policyholders invest their hard-earned money and faith in the industry, believing it will safeguard them…

In the ever-evolving landscape of insurance, India stands at the cusp of transformation across multiple fronts. This month, we explore critical areas that are shaping the industry's present and future.…

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…

BimaManthan - a periodic meeting with the CEOs of Insurance and Reinsurance Companies was held at the Insurance Regulatory and Development Authority of India (IRDAI) Headquarters on 4th and 5th…