Month: June 2024

Malay Kumar Poddar joined as Chairman-cum-Managing Director of Agriculture Insurance Company of India Limited in 2019. He started with General Insurance Corporation of India (GIC), Mumbai, as a generalist officer…

With a huge population of 130 billion, India is fighting tooth and nail with the Corona 19 pandemic but the same is spreading like wildfire beyond control of the human…

As mandated by IRDAI, all the 30 general and health insurers that offer indemnity based health insurance, have started offering Individual Covid-specific Standard Health Policy called “Corona Kavach ''.  As…

1. It has been brought to the notice of authority that certain hospitals are denying cashless facility to policyholders for treatment of covid-19. 2. Attention is drawn to the provisions…

1. Objective: The Objective of these guidelines is to standardize the general terms and clauses incorporated in indemnity based Health Insurance [excluding Personal Accident (hereinafter called as PA) and Domestic…

1.Reference is drawn to IRDAI circular vide ref. IRDAI/HLT/REG/CIR/054/03/2020 dated 04th March, 2020 advising the general and health insurers to design need based products covering costs of treatment of coronavirus…

Eco-system is evolving at a fast pace in motor line of business. Regulator brought in many changes related to mandatory long-term liability insurance to three years for private cars and…

Introduction: On December 8, 2019 the first pneumonia case of unknown cause was found in Wuhan, China. It was later identified to be caused by a new coronavirus and the…

In the month of September 2020, to promote wellness benefits and preventive outlooks, the Insurance Regulatory and Development Authority of India issued guidelines to insurance players and instructed them to…

1.All general and health insurers registered with IRDAI rendering health services both through TPA and/or in-house shall make the captioned TPA wise public disclosures in the format specified at Annexure…