Month: June 2024

The Insurance Regulatory and Development Authority of India (IRDAI) is at the forefront of spearheading transformative reforms in the Indian insurance sector, all as part of its larger vision of…

India as a whole is practically under lock down since 25th March, 2020 as well as the same will continue till the situation improves and thereafter depending on the situation…

1. What are the top five risks affecting insurance companies? The under mentioned key risks impacting the Insurance businesses could be because of the inherent nature of business and due…

1. Reference is drawn to Clause C (1.1) of “Guidelines on Filing of Minor Modifications in the approved Individual Insurance Products offered by General and Stand Alone Health Insurers on…

1.Reference is invited to the Circular Ref. No. IRDAI/HLT/REG/CIR/054/03/2020 dated 04th March, 2020 wherein all insurers were advised to expeditiously handle the health insurance claims pertaining to COVID 19. 2.…

1. Reference is invited to Order No. 40-3/2020-DM-I (A) dated 15th April, 2020 issued as part of the Consolidated Revised Guidelines by the Ministry of Home Affairs, GOI. As per…

1. The global macroeconomic outlook for the current financial year 2020-21 has been adversely affected by COVID-19 pandemic which has impacted the majority of countries in the world across the…

Introduction The transportation sector stands out as a significant contributor to GHG emissions, prompting governments worldwide to embark on a concerted effort to transition away from fossil fuels by identifying…

The staid image of the insurance industry is getting a makeover. Gamification, the application of game mechanics like points, rewards, and competitions, is revolutionizing customer engagement and risk management. This…

Introduction BI refers to a situation in which the normal business operations of a company are disrupted or halted due to unexpected circumstances beyond its control. When business operations are…