Warendra Sinha joined IFFCO-Tokio General Insurance Co. Ltd as Managing Director and CEO on 28th of March, 2017. Prior to that, he was Director cum General Manager of National Insurance…
The entity "An Approved Surveyor & Loss Assessor" was framed and brought into existence with specific 'Object & Reasons" gazetted way back in the year 1968; which lead to define…
The end consumer always takes the entire burden of indirect taxes in a tax structure. Goods and Services Tax (GST) in which as many as 17 different central and state…
Introduction As a risk management professional, I have directed front line of defence in the corporate many times to read and understand the risk management framework. This is because, risk…
Introduction In today’s volatile, uncertain, complex and ambiguous (VUCA) world, it is important that employees at managerial and key leadership positions understand the strategic thinking in insurance firms - right…
Principles of Insurance Insurance:It may be described as a social device to reduce or eliminate risk of life and property. Under the plan of insurance, a large number of people…
Abstract Of late, the Supreme Court of India in a couple of judgments has re-affirmed the sublime importance of the principle of “utmost goodfaith” and reinforces the viewpoint that amongst…
1. Insurers maintain separate current accounts with banks at different operational levels, i.e., Branch offices, Controlling offices, Corporate offices, etc., for the purpose of premium collection, management expenses, policy payments,…
1. Insurers maintain separate current accounts with banks at different operational levels, i.e., Branch offices, Controlling offices, Corporate offices, etc., for the purpose of premium collection, management expenses, policy payments,…
1. The Authority (IRDAI) had issued circulars ref: IRDA/F&I/CIR/F&A/012/01/2010 dt. 28.01.2010 and IRDA/F&I/CIR/PBDIS/105/05/2011 dt. 27.5.2011 on “Public Disclosures by Insurers”. Guidelines on Periodic Disclosures were also issued by the Authority…