Introduction Every effective risk management strategy starts with a simple yet powerful tool: the risk register. Whether you're running a small project or managing enterprise-wide operations, a well-crafted risk register…
Introduction Risk is an unavoidable reality in every organization—but how we manage that risk makes all the difference. In a world where uncertainty can impact performance, strategy, and reputation, global…
Introduction Once risks are identified, the next step in the risk management journey is to assess and prioritize them. Without proper evaluation, businesses risk focusing on the wrong threats—or spreading…
In a massive breakthrough, Sambhal police filed an 800-page charge sheet against 11 accused in a multi-crore life insurance scam. Dubbed the “insurance mafia,” the syndicate faked policies for dying…
Introduction Risk management begins with one of its most vital components—risk identification. Before a business can manage or mitigate threats, it must first recognize and understand them. Risk identification is…
The Insurance Times - April 2025 issue - Ebook Version Please click on the image or link below to view the Ebook version of the Journal - https://online.flipbuilder.com/yojw/jdtb/
Recently Union Home and Cooperation Minister Amit Shah announced that India's cooperative sector will soon have its own dedicated insurance company. This initiative aligns with the Centre’s broader strategy to…
As the insurance and risk management industry undergoes profound transformation—driven by regulatory reforms, technological advancements, climate risks, and evolving customer expectations—the need for Continuous Professional Development (CPD) has never been…
No IRDAI/RI/6/213/2025.— In exercise of the powers conferred by Sub-section (2) and (4) of the Section 101A of the Insurance Act, 1938, the Authority, after consultation with the Advisory Committee,…
1. As per para 1.8 a (A) of Chapter 3 of the Master Circular on IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations,2024 insurers are allowed as users with…