Indian Insurance in the Global Scenario
Premium The general insurance industry underwrote total direct premium of Rs.128128 crore in India for the year 2016-17 as against Rs.96379 crore in 2015-16, registering a growth rate of 32.94…
Merger of 3 general insurers to create a mega insurer
The merger of three state-owned insurance companies - United India Insurance (UII), National Insurance Company (NIC) and Oriental Insurance Company (OIC), proposed in this year's budget - to create the…
Modification of Annexure – 24 of Circular
Reference is invited to the provisions of ‘Annexure – 24’ of Authority’s circular Ref. No: IRDA/TPA/REG/CIR/059/03/2016 dated 28th March, 2016 where norms on Non Insurance Services under Healthcare Schemes were…
2018- Insurance Times
General Insurance Plans
Insurance Policies
Journal/Books
The Insurance Times Journal
Two Wheeler Insurance from Shriram General Insurance Company Ltd
As we say, BE INSURED… REST ASSURED. Shriram General Insurance brought up an exclusive Two Wheeler Insurance Policy for its valuable customers. In the current era, we have lots of…
2018- Insurance Times
Insurance Policies
Journal/Books
Life Insurance Plans
March 2018
The Insurance Times Journal
LIC’s Jeevan Labh (UIN: 512N304V01) from Life Insurance Co. Ltd.
LIC's Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. This plan provides financial support for the family in case…
2018- Insurance Times
Editorial
From Editor in Chief Desk
Journal/Books
March 2018
The Insurance Times Journal
Editorial Insurance Times March – 2018
Budget 2018 has provided for the merger of three Non life Insurers Oriental, United and National Insurance and the follow up exercise has already been started and hopefully by next…
Violations of Group Insurance Guidelines.
This has reference to the Notice to Show Cause Ref: 273/IRDAI/HLT/Comp On NGVKM-Group Policies/2017-18 dated 01st August, 2017 issued in the matter of a complaint on Group Insurance Policies issued…
Motor Third Party Insurance Coverage
M/s. Edelweiss General Insurance Company Limited has been registered as a General Insurer under Section 3 of the Insurance Act,1938 with the Authority. The Certificate of Registration (Form – IRDAI/…
Major announcement in BUDGET 2018-19 relating to insurance sector
Three public sector general insurance companies National Insurance Company Ltd., United India Assurance Company Limited and Oriental India Insurance Company Limited will be merged into a single insurance entity and…
Clarification on MISP Guidelines
I Creation of panel of insurers by insurance intermediary or MISP II. Role and responsibilities of MISP vis-à-vis Original Equipment Manufacturers (OEM’s) It may be recalled that the Authority issued:-…